Performance Analyst - ElevenX Capital
Job Title: Performance Analyst (10+ Years Experience)
Location: Gurugram - Sector 33 (Onsite - 5 Days a Week)
Shift Time: 12:30 pm IST to 9:30 pm IST
Job Purpose:
The Performance & Incentive Analyst will own the end-to-end performance incentive
governance framework across the organization. This role is responsible for designing and
administering KRAs, coordinating monthly self-appraisals, validating reported performance,
computing incentive payouts, and delivering accurate, audit-ready performance reporting.
The role will also catalyze process transformation, leveraging Power BI and automation to
evolve the performance management process into a scalable, system-driven (XOS-based)
model.
Key Responsibilities:
1. Performance Framework & KRA Design
● Partner with leadership, HR, and functional heads to design and refine KRAs, KPIs, and
incentive metrics aligned to business objectives.
● Ensure KRAs are measurable, objective, time-bound, and incentive-ready.
● Maintain standardized KRA libraries, scoring methodologies, and weightage logic across
roles and functions.
2. Monthly Performance Cycle Management
● Own the monthly performance cycle, including:
● Distribution of KRAs and scorecards to employees.
● Coordination and follow-ups for timely self-appraisal submissions.
● Tracking completion, exceptions, and escalations.
● Serve as the central control owner, ensuring cycle discipline and governance.
3. Performance Validation & Incentive Computation
● Validate employee-reported inputs against:
● Defined KRAs
● Supporting evidence/proof points
● System-generated data (where applicable)
● Identify inconsistencies, overreporting, or data gaps and resolve them in collaboration
with stakeholders.
● Compute monthly/quarterly performance incentive payouts accurately and transparently.
● Prepare incentive summaries for Finance and HR sign-off.
4. Reporting, Dashboards & Management Insights
● Prepare performance incentive reports, scorecards, and leadership dashboards.
● Deliver insights on:
● Performance distribution
● Achievement vs targets
● Incentive leakage or anomalies
● Support management reviews with clear, data-backed narratives.
5. Automation & XOS Transformation
● Lead the automation and digitization of the performance management lifecycle.
● Design Power BI dashboards for:
● KRA tracking
● Incentive calculations
● Trend analysis
● Partner with systems/IT teams to transition the process into an XOS-based or
workflow-driven model.
● Reduce manual intervention, improve auditability, and enhance scalability.
6. Governance, Controls & Documentation
● Maintain audit-ready documentation for:
● KRAs
● Validation logic
● Incentive calculations
● Define SOPs, control checks, and exception handling mechanisms.
● Support internal reviews, audits, and leadership queries related to incentives and
performance data.
Qualifications:
Bachelor’s degree in Business, Finance, Analytics, HR, or a related field.
● 4-5 years of experience in:
○ Performance management
○ Incentive validation
○ MIS / analytics roles
● Strong hands-on experience with:
○ Performance scorecards
○ KPI/KRA frameworks
○ Incentive calculations
● Power BI experience strongly preferred.
● Exposure to automation tools, workflow systems, or analytics platforms is a plus.
● Advanced Excel skills (pivot tables, Power Query; macros a plus).
Key Competencies:
● High attention to detail and data integrity.
● Strong follow-up and stakeholder coordination skills.
● Structured, process-oriented mindset.
● Ability to challenge inputs objectively and professionally.
● Comfort operating between HR, Finance, and Business leadership.