Compensation & Benefits Specialist

Role

Compensation and Benefits Specialist

Line Manager

HR Manager – Payroll

Location

Lagos

Function Mission

Implement and administer ME’s rewards and benefit policies and manage all aspects of the payroll, such as

establishing appropriate checks and balances to ensure payroll compliance and accuracy.

Oversee employee compensation and benefits, compensation databases, benchmark compensation as well as annual performance reviews. You will be developing programs that improve the engagement and satisfaction of our employees.

Responsibilities

May include but are not limited to:

• Provide support in the preparation of staff payroll in a timely manner.
• Design, evaluate, and modify benefits policies to ensure that programs are current, competitive, and in compliance with legal and industry requirements.
• Monitor the administration of all staff tax matters and manage pension schemes.
• Analyze compensation policies, government regulations, and prevailing wage rates to develop a competitive compensation plan.
• Ensure proper handling of matters relating to queries/disputes with respect to salary increments and adjustments.
• Design and manage compensation structure.
• Prepare regular reports/updates for the HR Manager – Payroll.
• Fulfil all reporting requirements of all relevant government rules and regulations.
• Coordinates C&B processes like salary planning, bonus planning, new benefits introduction, etc.
• Analyses different components of the remuneration scheme in the organization and prepares reports about internal equity and external competitiveness.
• Conduct salary and labor market research to define benchmarks.
• Conduct periodic audits and prepare and present reports.
• Manage end-to-end employee HMO and Group Life Insurance.

Professional Experience & Qualifications

• Minimum bachelor’s degree in Management, Human Resource, or its equivalent.
• MBA, M.SC, MA and/or Professional certifications CIPM, SHRM/CIPD is an added advantage.
• 7+ years relevant experience in Human Resources and 3+ years in similar role.

Skills & Competencies

• Solid understanding of payroll and compensation concepts, including job analysis, market pricing, and total rewards.
• Treasury Knowledge
• Extensive knowledge of HRIS (SAP HR & Success Factors) and MS Office.
• Strong quantitative, analytical, and problem-solving skills
• Strategic thinker, and self-motivated, with excellent time management skills
• Effective communication / Listening skills, and Team Spirit oriented.
• Exceptional interpersonal skills, with a focus on rapport-building, listening, and questioning skills.

Benefits

• Meal Allowance/Paid Lunch: 1400 NGN/Working Day
• Bonus: 13th Month/Leave Allowance
• Health, Life and Personal Accidents Insurance

Others:

Working Hours: 40 hours

Probation Period: 6months

Annual Leave: 21 Days

Job Holder

Signature & Date

Direct Reporting Manager

Signature & Date