Performance Analyst - ElevenX Capital

Posted Yesterday
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Gurugram, Haryana, IND
In-Office
Expert/Leader
Angel or VC Firm • Artificial Intelligence • Software • Cybersecurity
The Role
Owner of end-to-end performance and incentive governance: design KRAs/KPIs, manage monthly performance cycles, validate inputs, compute payouts, produce audit-ready reports and Power BI dashboards, and lead automation/XOS transformation.
Summary Generated by Built In
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.

Skills Required

  • Bachelor's degree in Business, Finance, Analytics, HR, or related field
  • 10+ years of experience (stated in job title)
  • 4-5 years of experience in performance management, incentive validation, MIS/analytics (stated in qualifications)
  • Hands-on experience with performance scorecards, KPI/KRA frameworks, and incentive calculations
  • Advanced Excel skills (pivot tables, Power Query; macros a plus)
  • Power BI experience
  • Exposure to automation tools, workflow systems, or analytics platforms
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The Company
Year Founded: 2014

What We Do

ElevenX Capital is a venture studio and venture capital fund that builds companies from the ground up. Founded by Anjli Jain, it combines ideas, capital, and talent to create and scale early-stage software and technology ventures. The firm invests in AI-first businesses spanning education and workforce technology, cybersecurity, healthcare and human performance, and food, nutrition, and genetic technology, while providing operational expertise.

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