SPECIALIST: HUMAN CAPITAL MANAGEMENT REMUNERATION

About the position

Key Objectives:

• Define a fair, equitable, and competitive total compensation and benefits package that fits and is aligned with our company's strategy and business goals.
• Develop a consistent compensation philosophy in line with work culture and organisational objectives.
• Use various methods and techniques and make data-based decisions on direct financial, indirect financial, and nonfinancial compensations.
• Differentiate pay systems to invest in the segments of the workforce that contribute the most value.
• Deploy effective communication strategies and success metrics.
• Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, pension, and group life benefits.
• Proficiency in using HR information systems and compensation software tools.
• Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc).
• Stay updated on relevant legislation, regulations, and trends related to compensation and benefits.
• Conduct periodic audits and prepare reports.
• Maintain accurate and up-to-date records and documentation related to compensation and benefits policies.
• Manage tax-related documentation.
• Coordinate with SARS to submit documents and resolve discrepancies.
• Collaborate with internal and external stakeholders to optimize tax functions.
• Ensure that records are kept in line with legal requirements.
• On an ad hoc basis, prepare, review, and submit PAYE returns.
• Provide tax advice on:
• Internal and SARS queries.
• Verification tax.
• Requests for information.
• Manage audits and disputes.
• Act as liaison between SARS and the organization to ensure favourable resolutions.
• Assess employees' needs by conducting organisational psychology surveys to find out what motivates and engages employees.
• Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
• Conduct ongoing research into emerging trends, issues, and best practices.
• Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
• Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
• Assist with the development and delivery of training programs for managers and employees on compensation and benefits policies and procedures.

Requirements:

• Be in a position of a Diploma (NQF 6) in Human Resources, Organisational Psychology/ Accounting/ Finance/ Commerce.
• Degree (NQF 7) in Human Resources, Organisational Psychology/ Finance/ Accounting/ Commerce is preferred
• Professional certification is preferred e.g, Certified Compensation Professional (CCP), South African Rewards Association (SARA), Global Remuneration Professional
• Tax certificate is preferred
• Certification in data analysis or statistics is preferred
• Should have 4 - 5 years in a similar role.
• Advanced knowledge of South African Tax regulations.
• Strong financial acumen and analytical skills.
• Proven working experience as a Compensation and Benefits Specialist.
• Prior experience in HR practices and compensation cycle management.
• Working knowledge of job evaluation and job analysis systems.
• Previous experience with organisational psychology and labour market surveys.
• Adequate knowledge of current labour rules and regulations.
• Familiarity with various types of incentives and benefits.
• Extensive knowledge of HRIS and MS Office.
• Strong quantitative and analytical skills.
• Communication skills (verbal and written).
• Negotiation skills.
• Interpersonal skills.
• Presentation and facilitation skills.
• Change management.
• Financial management & reporting.
• Planning and organising.
• Leadership skills.
• Problem solving.
• Strategic planning.
• Stakeholder management.
• Project management.

Desired Skills:

• See above spec