Compensation and Benefits Officer at Smart Partners

Description 

• We are looking for a Compensation and Benefits Specialist to oversee compensation and benefits administrative activities.
• The candidate for this position will access personnel needs and draft targeted programs that will increase performance, organizational trust and satisfaction.
• Therefore, the candidate must be smart, proactive, industrious, and willing to learn and support the business’ growth.

Job Summary

• The Compensation and Benefits Officer will oversee and administer the employee’s rewards and benefits ensuring that there is fairness in policies implementation.

Roles and Responsibilities

• Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget.
• Prepare payroll and follow up with employee’s salary payments
• Coordinates and processes salaries, bonus, new benefits introduction, etc.
• Update employee database records.
• Designs and develops compensation policies
• Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness
• Designs and develops different schemes of the variable remuneration (incentive schemes for the Sales functions, bonus schemes for the Back Office and Enabling functions)
• Leads and manages compensation projects for the entire organization
• Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs)
• Give professional advices to top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees
• Represent the organization at different HR conferences
• Other duties as assigned by the management

Education, Qualification and Experience

• BSc Degree in Human Resources, Business Administration or Finance
• Proven working experience in Human Resources roles as a compensation and benefits specialist, recruitment and HR policies
• Minimum of 2 years experience in HR practices and compensation cycle management
• Working knowledge of job evaluation and job analysis systems
• Adequate knowledge of labour law and regulations in Nigeria
• Ability to maintain confidentiality and handle sensitive information (very important)
• Familiarity with various types of incentives and benefits
• Extensive knowledge of HRIS and MS Office
• Strong quantitative and analytical skills

Skills and Competencies:

• Excellent communication and interpersonal skills.
• Proficient in Microsoft Office (Word, Excel, Outlook).
• Customer service experience
• Ability to multitask and manage time effectively.
• Strong organizational skills and attention to detail.
• Professional appearance and demeanor.