Compensation and Benefits Associate (271349)
Information
Human Resources and Recruitment | |
Mid Career (2-6 years) | |
Not specified |
Company
Not specified | |
FMCG | |
New Cairo, Cairo, Egypt |
Description
- In charge of annual HR Budget Planning for the whole company and ensure accurate and timely data submission
- Review monthly HR Capex and Opex expenditures vs approved budget and prepare needed Monthly/annual reports & analysis
- Overhead controlling for people and non-people cost
- Provide required budgeting analysis & reporting working closely with Finance controllers
- 1st line review of Monthly Payroll and act as a 2nd backup for payroll
- Monthly analysis for all payroll components including both fixed & variable pay highlighting variances, reasons behind & status vs. budget
- Remain up to date on local payroll laws and legislation in order to maintain compliance with country regulations
- Participate in market & salary survey to ensure that compensation & benefits are benchmarked against best practices & trends.
- Assist with the performance management including the annual merit increase, bonus & incentive plan process & review- Compiles, prepares, and maintains statistical reports as requested
- Deep dive in all compensation elements & provide recommendations & optimization plans whenever needed
- Responsible for the full employee life cycle management " Offer proposals, Promotions, salary adjustments, Etc.." full Hire to Retire process
- Enhance & review different company incentives schemes e.g : Sales Incentive & Production Incentive and Conduct necessary awareness to all employees on any compensation related topic- Ensure a proper Job evaluation for existing & new positions within the organization
- Responsible for company policies & procedures development, review, changes & adaptation upon need
- Responsible for Internal / external audits within the compensation & benefits area
- Responsible for the SAP data inputs & validation to ensure 100% accuracy
- Compile and submit all Audit requirements maintain accurate data on SAP in light of any changes, and ensure satisfactory Data quality audit
- Ensure data integrity between SAP & Payroll system
- Administer, research & recommend employees' benefits
- Administer existing & new benefits i.e Medical & life insurance- Introduce new benefits to better accommodate market trends.
Requirements
- Bachelor Degree in Commerce or relevant major from a reputable university.
- Minimum 3 years of relevant experience.
- Strong understanding about the compensation methodology.
- Knows the Market movements.
- Previous experience in using HAY system.
- Excellent presentation skills.
Created on | 04 Jul 2022 |
Last updated on | 10 Jan 2023 |