Total Rewards Specialist at ARM Hold Co.

Job Summary

• Overseeing all activities related to total rewards, payroll, processing payroll, Compensation, other regulatory remittance on a regular basis and managing benefits.
• To deliver business efficiency and intelligence via insightful reporting and visualization in order to monitor processes, activities, staff performance and growth in line with progressive HR practices (in data and ratios, where necessary) for quality decisions

Job Details

Total Rewards:

• Maintains payroll information by designing systems, collecting, calculating, and entering of data.
• Updates payroll records by reviewing and effecting changes in exemptions, insurance coverage, savings deductions, job titles, and department/ division transfers.
• Prompt processing of staff salary for all subsidiaries.
• Processing of all statutory remittance (NHF, Pension, Tax, etc.). 
• Calculating and posting of ex-staff entitlement / indebtedness.
• Advising of ex-staff of their entitlement / indebtedness 
• Responding to all enquiries on staff/ex-staff payments and work to resolve any payment issues that arise.
• Provide expert advice to the leadership on annual remuneration processes ensuring the processes are fair  and equitable and in line with the reward strategy.
• Ensure regular benchmarking and market related pay research is undertaken when necessary to enable the company to remain competitive and an employer of choice.
• Process and maintain records of regular deductions from staff payment
• Responsible for gathering time records from employees and calculating days worked and pay received for each staff accurately
• Transmit payments to staff in a timely and accurate manner.

Budget Advisory

• Providing support to staff and responding to all enquiries on staff benefits & Compensation.
• Effective management of Payee and staff emolument structure.
• Conduct Job evaluation in line with adopted methodology

Requirements

• Knowledge Requirement 
• Professional Accounting Standards
• Transactional Accounting
• Financial Reporting and Compliance
• Cost Management
• Budgeting, Planning and Forecasting
• Financial Analysis
• Variance Analysis 

Skill Requirement

• Analytical Thinking (Level 3/4)
• Customer Service Orientation (Level 2/4)
• Flexibility (Level 3/4)
• Intercultural Competence (Level 3/4)
• Team Working (Level 3/4)
• Working Strategically (Level 3/4) 
• Communicating Effectively (Level 3/4)

Personal Abilities

• Excellent communication skills, both oral and written, required 
• Strong attention to detail

Educational Requirements 

• Bachelor’s degree from an accredited university
• Relevant second degree is an added advantage

Professional Requirements

• Professional certification in HR body – SHRM, CIPD, CIPMN, NIPMN is an added advantage 

Experience Requirements

• Minimum of 5-8 years cognate experience in the financial service industry · Professional experience in HR Strategy