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Compensation And Benefits Officer

Closing: Jan 24, 2023

This position has expired

Published: Jan 16, 2023 (14 days ago)

Job Requirements

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Job Summary

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SUMMARY

The Compensation and Benefits Officer is a member of the Human Resource team and will be responsible for all functions related to the compensation of employees and trainees. He/She will oversee, manage and administer employee rewards, perks, and benefits.

Qualifications and Experience

  1. Bachelor’s Degree in Human Resources, Business Administration, or a similar relevant field.
  2. Post Graduate Diploma in Human Resource Management is a must
  3. Data Analytics knowledge is an added advantage
  4. Experience with HRIS software Management experience desirable;

At least 2 years of employment experience in a human resources-related role, preferably in a Financial Institution, and knowledge of the best practice

Knowledge of Proficient with basic financial skills and Knowledge of local labor law, employment practices, industrial relations, and Immigration law


Responsibilities

SUMMARY

The Compensation and Benefits Officer is a member of the Human Resource team and will be responsible for all functions related to the compensation of employees and trainees. He/She will oversee, manage and administer employee rewards, perks, and benefits.

Qualifications and Experience

  1. Bachelor’s Degree in Human Resources, Business Administration, or a similar relevant field.
  2. Post Graduate Diploma in Human Resource Management is a must
  3. Data Analytics knowledge is an added advantage
  4. Experience with HRIS software Management experience desirable;

At least 2 years of employment experience in a human resources-related role, preferably in a Financial Institution, and knowledge of the best practice

Knowledge of Proficient with basic financial skills and Knowledge of local labor law, employment practices, industrial relations, and Immigration law


  1. Preparing staff payroll on a monthly basis and producing payment schedules in line with the statutory requirements
  2. Preparing NSSF report, and PAYE report on a monthly basis in line with the statutory requirements
  3. Preparing provident fund report on a monthly basis in line with the incentive scheme policy
  4. Processing of staff loans in line with the staff loan policy
  5. Processing of terminal benefits and provident fund
  6. Obtain regular market intelligence on compensation and competition
  7. Coordinating the annual salary reviews
  8. Managing the administration of medical insurance
  9. Processing of Long Service Awards, Acting allowance, Upcountry allowance, Fuel allowance
  10. Submitting monthly Human Resource reports to the Head of Human Resources i.e Staff list, Staff Turnover report, Mapped reports, FINTRACK and staff leave balances.


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