Reward Manager

2 weeks ago

Umhlanga, South Africa iKhokha Full time

Company Description

iKhokha is one of the fastest-growing fintech companies in Africa. As you'd expect, our pace is fast-moving and ever-changing. We like it that way.
Our office is a high performance environment where we push each other to challenge the status quo. If that doesn’t appeal to you, you probably shouldn’t work here.

**Job Description**:
The iK Talent team is searching for a leader to take on the newly created role of Reward Manager. We are seeking a proactive, detail orientated individual who has the appetite to build a Reward Framework from scratch.

The best suited person will be creative, innovative and have excellent interpersonal skills. Partnering with the business to understand the company roadmap and deliver new solutions that engage employees at all levels is core to your role.

If an opportunity to build a Reward function from ground 0 excites you, then set your sights on this role

**So what will you do?**

You will be responsible for the design and delivery of all cash and non-cash reward and recognition programmes, including salary management, annual bonus, benefits and employee recognition.

You will take ownership for reward processes and policies including salary review, bonus allocation, job grading and harmonisation, ensuring regular salary and benefits benchmarking and surveying activity.

**Deal Breakers**:

- 5+ years of relevant (reward) experience in a business size of +500 employees
- Strong stakeholder management at all levels
- Advanced skills in data analysis & interpretation
- Experience in managing (reward) projects
- Strong ability to work autonomously in a structured way
- Strong personality with a ‘hands-on’ & ‘can-do’ mentality
- Strong understanding of how reward can add value across areas such as talent and employee engagement.
- Strong numerical and advanced analytical skills.
- South African Market knowledge.
- Ability to work under pressure.

**What will you be responsible for?**
- Design and implement end-to-end compensation and benefits strategies.
- Proactively engage and work with Executive Team to understand the business issues and develop reward solutions that support the business objectives and overall strategy.
- Create a reward framework and policy for the business and, provide guidance on all elements of Reward (pay, benefits, plans & policies).
- Implementation of senior long-term incentive and retention plans.
- Manage the reward aspect of all People policies.
- Develop T&Cs, employee handbooks and other contractual documents in conjunction with Talent Ops team.
- Support HRIS and related Reward, Compensation and Benefits policies in line with Payroll/Finance team, as well as contribute to the selection and management of 3rd party suppliers including pension, healthcare and insurance providers.
- Ensure compliance with reward processes, including data processing.
- Reward statistical reports and coordinate external market reviews on salary and benefit packages.
- Analyse compensation trends to review and update the pay and benefits packages for the company.
Manage staff pay scales, including the identification and recommendation of specialist skills groups.

**Qualifications**:

- Honours or Bachelor’s Degree

Additional Information
**Perks of joining the Tribe?**
- You get to work in a high growth company. Sink your teeth into meaningful work with tangible results you are accountable for.
- Hybrid, remote and in office work models.
- Remuneration & Benefits. We offer Company contributions to Medical Aid and a Group Risk Scheme.
- Visionary Leadership.
- Study leave.
- Access to on demand learning and development.
- A friendly, collaborative culture and a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
- If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our onsite Barista.

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