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.