1 Compensation And Benefits Specialist jobs in Nigeria
Compensation & Benefit Specialist
101241 Lagos, Lagos
Sabi
Posted 480 days ago
Job Viewed
Job Description
Job Purpose As the Compensation & Benefit Specialist, you will be involved in the design and administration of compensation & benefit packages that align with Sabi’s objectives and the industry standards. You will manage the timely and accurate processing of payroll, ensure compliance with local and international payroll regulations, and oversee our employee benefit program in Sabi. Job Responsibilities Work with the Chief People Officer to interpret and translate the compensation philosophy and pay strategies. Design compensation packages based on business goals and strategy. Oversee the timely and accurate processing of payroll, including data input, verification, and reconciliation. Ensure compliance with local and international payroll regulations and taxation requirements, staying updated on changes in legislation. Identify opportunities for process improvement and automation to enhance the efficiency of the payroll function. Benchmark current PayScale to competitors on a proactive basis Develop, implement, and manage the entire remuneration system in the organization. Benchmark the organization’s compensation system to determine its competitiveness. Plan salary, benefit schemes, bonuses, and rewards Manage the entire compensation cycle for international hires. Maintain compliance with all relevant legislation. Track staff retention, organizational career-pathing, and promotions Facilitate cross-border payments and manage currency conversions to ensure timely and accurate disbursement of salaries. Ensure day-to-day operations of People-related functions are addressed in a timely, efficient, and proactive manner e.g. HMO registration, exit management, wages, salary deduction e.t.c Work on existing HRIS and other People Systems and Tools to ensure alignment with business needs, including data accuracy and compliance. Prepare Payroll for Nigeria (FTE, CTE, Independent Contractor) South Africa and other business entities outside Nigeria. Requirements Special Skills and Qualifications Bachelor’s degree in accounting, Finance HR or any other related field. Minimum of 5 years of experience in Compensation & Benefits, Payroll Administration, or similar role in a large organization with businesses outside the Nigeria markets. Strong knowledge of Microsoft Excel and Good knowledge of other Microsoft Office suite. Extensive knowledge of any HRIS and Payroll management systems.Experience with managing compensation cycles for international hires.Working knowledge of multiple human resource disciplines, including compensation practices, federal and state respective employment laws.Good understanding of office management procedures. Critical thinking, analytical mindset, and problem-solving skills. Candidate Specification Motivated by the mission of Sabi Pragmatic with quantitative and analytical ability and attention to detail Driven, independent thinker and leader who can juggle multiple projects simultaneously with fast-changing priorities High level of integrity and dependability with a strong sense of urgency. A focus on execution. Willing and able to get hands dirty. Flexibility to roll up your sleeves and attack problems and projects as they arise, where you will need to set out a clear structure, method and outcomes yourself . Benefits Rapid Career Growth Annual Training Budget Robust Health Coverage, including Optical Cover, and Dental Cover Wellness Programs, including Free Gym Cover Free Spa Cover Competitive Pension Plan Opportunity to work in other global office. Life Cover Performance Bonus Paid Vacation Days Fully-funded Team Bonding Activities
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