Reward Manager

2 weeks ago


Durban, South Africa SHARON NUROCK RECRUITMENT CC Full time

**The Person**:

- B.Com Finance / Bachelors Degree in HR/Industrial/Organisation/Psychology/Financial Management, or other related field (NQF Level 7).
- Finance related field of study preference.
- Min 5 to 8 years Remuneration and Benefits experience.
- HR Analyst and data mining experience an advantage.
- Proficient in HR technologies including experience in HRIS and Payroll system.
- SAP experience an advantage.
- SARA Registration advantageous.
- GRP advantageous.
- Strong numerical and analytical skills
- Strong stakeholder engagement

**The Job**:
Report to the Head of HR:

- Oversee and manage the Groups reward strategy, e.g. responsible for planning, implementing, and reviewing the rewards packages (healthcare or childcare schemes, pensions, stock, shares, company cars and more).
- Take ownership for reward processes including salary reviews, bonus allocation, job grading and harmonisation, ensuring regular salary and benefits benchmarking and surveying activity.
- Provide insights and advice into reward and benefits that would position the company as a competitive "employer of choice"
- Provide an advisory function to Stakeholders, Executives and Directors with regards to trends, changes and recommendations with regards to reward & benefits
- Responsible for data management and integrity on all reward information.
- Adept with research on best practice and provision of data to continuously critique and update the reward strategy.
- Perform annual market survey submissions and external benchmarks to ensure packages are competitive.
- Benchmark roles to market and draft/update employment contracts. Make recommendations on existing reward strategy to support retention strategies
- Contribute to the review and management of 3rd party suppliers including pension, healthcare and insurance providers.
- Responsible for processing of the Bonus Share Incentive Scheme and liaising with the Trust to ensure alignment on governance principles.
- Manage all HR polices to ensure good governance is maintained across the Group.
- Support on the management of the company's pensions and post-retirement medical aid (model updates).
- Communicate and manage internal and external stakeholder with regards to benefits and payments.
- Accurate processing of all reward calendar items on an annual basis.
- Ensure all reward tools are current (update estimate calculators in line with the tax year update, create purchase requisitions).
- Annual Statutory Submission: EEA2&EEA4 and COIDA.
- Timeous month-end payroll processing and preparation of reward reports.
- Ensure compliance with reward processes, including data processing.

**Competencies**:

- Ability to build organisational capability.
- Strong business acumen.
- Ability to persuade and influence.
- Change leadership
- Coaching and developing.
- Consulting.
- Stakeholder relationship management.
- Planning and organising.
- Problem solving.
- Decision making.
- Valid drivers license (Code EB).


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