Company Overview

Margadarsi Chit Fund Pvt Ltd., a 62-year-old company, is part of the esteemed Ramoji Rao Group, renowned for providing customer-centric and trustworthy financial services. With operations spread across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, Margadarsi Chit Fund operates 118 branches with a workforce of 1,001-5,000 employees. The company is headquartered in Hyderabad and is a prominent entity in the Financial Services industry.

Job Overview

Margadarsi Chit Fund Pvt Ltd. is seeking an experienced and dynamic Head of Human Resources to join our team at our headquarters in Hyderabad. This is a senior-level, full-time position that requires a strategic leader to align HR initiatives with business goals. The ideal candidate will have a strong hold on employee relations, performance management, and strategic HR planning, playing a crucial role in supporting our diverse workforce across multiple states.

Qualifications and Skills

• MBA (Human Resources) from a reputed institute (Tier 2 & 3).
• Strategic HR Planning (Mandatory skill): Ability to formulate and execute HR strategies aligned with the company’s long-term goals.
• Employee Relations (Mandatory skill): Expertise in managing and improving employer-employee relationships through effective communication and grievance resolution.
• Performance Management (Mandatory skill): Proven track record in designing and implementing performance management frameworks to enhance productivity.
• Talent Acquisition: Strong skills in recruiting and retaining top talent to meet organizational needs.
• Organizational Development: Experience in evaluating and improving organizational structures and procedures for optimal efficiency.
• HR Compliance: In-depth knowledge of labor laws and regulations to ensure company compliance and reduce legal risks.
• Change Management: Expertise in planning and executing change management strategies to address evolving business requirements.
• Leadership Development: Capability to mentor and develop leadership skills across various levels of management.
• Prior experience in financial services industry preferred.
• Candidates should be aged between 40-45 years.

Roles and Responsibilities

• Develop and implement HR strategies that align with the company’s values and business objectives.
• Oversee the management of employee relations to foster a positive workplace environment.
• Drive and manage an effective performance management system to ensure continuous improvement and employee growth.
• Spearhead talent acquisition and retention strategies to enhance the organization’s workforce.
• Ensure compliance with all labor laws and maintain up-to-date HR policies and procedures.
• Lead initiatives focused on organizational development and employee engagement.
• Facilitate leadership development programs to build robust management capabilities.
• Act as a strategic advisor to senior management on all aspects of HR management and workforce planning.
• Knowledge of Telugu (written and spoken) will be an added advantage