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.
Key duties and responsibilities:
• Preparing staff payroll on a monthly basis and producing payment schedules in line with the statutory requirements
• Preparing NSSF report, and PAYE report on a monthly basis in line with the statutory requirements
Preparing provident fund report on a monthly basis in line with the incentive scheme policy
• Processing of staff loans in line with the staff loan policy
• Processing of terminal benefits and provident fund
• Obtain regular market intelligence on compensation and competition
• Coordinating the annual salary reviews
• Managing the administration of medical insurance
• Processing of Long Service Awards, Acting allowance, Upcountry allowance, Fuel allowance
• 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.
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
• Must be able to perform analysis using a variety of analytical tools (e.g. Excel, Tableau, etc.), including the use of relational databases, Strong spreadsheet skills, and the ability to use BI software tools.
• Good communication and presentation skills
• High Integrity/Ethical
• Result-oriented and attentive to detail
• Excellent relationship management and organizational skills
• Professionalism Qualifications and Experience
• Bachelor’s Degree in Human Resources, Business Administration, or a similar relevant field.
• Post Graduate Diploma in Human Resource Management is a must
• Data Analytics knowledge is an added advantage
• 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
All candidates who so wish to take up this role in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: ug_jobs@fincaug.org