Compensation and Benefits Manager at Primera Africa Finance Group

Reporting to: Group Head, Human Resources and Corporate Services

Job Description

• Designing fair and attractive bonus programs.
• Evaluating how effective the benefit packages are in terms of employee satisfaction.
• Ensuring our compensation plans comply with the relevant legislations.
• Design compensation packages and bonus programs that align with the company’s strategic plan.
• Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
• Process salary and other allowances on monthly basis.
• Process all staff benefits based on employment contract and company's policy
• Ensure remittance of all deductions including statutory remittances.
• Identify trends and implement new practices to engage and motivate employees.
• Conduct research on employee satisfaction (e.g. using surveys and quantitative data).
• Renew our compensation plans with monetary and non-monetary benefits based on employee needs.
• Keep track of prevailing pay rates and make sure we offer competitive compensation plans.
• Draft job descriptions, job analyses and classifications.
• Structure compensation in ways that will yield the highest value for the organization.
• Evaluate and report on the effectiveness of employee benefit programs.
• Track compensation and benefits benchmarking data.

Qualifications

• B.Sc in Human Resources Management, Organizational Psychology, Finance or relevant field.
• Minimum of 5 years as a Compensation and Benefits Manager in the Financial Services and FMCG industry or Group
• Hands-on experience with HRIS or payroll software.
• Knowledge of building compensation packages and bonus programs for various departments and seniority levels.
• Knowledge of compensation design and pay structure review.
• Excellent understanding of job evaluation and job analysis systems.
• Good analytical skills.
• Familiarity with labor legislation.
• Experience with employee satisfaction surveys.
• Proficiency in the use of Advance Excel

Skills:

• Strong analytical skills.
• High ownership & accountability
• Strategic and proactive; excellent critical thinking ability
• Highly detailed.