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Compensation and Benefits Specialist

2 months ago

Cape Town, Western Cape, South Africa Network Recruitment Full time
Job Summary

We are seeking an experienced Compensation and Benefits Specialist to oversee our payroll operations in Muizenberg, ensuring employees receive accurate and timely compensation.

About the Role

As a key member of our team, you will be responsible for managing the end-to-end payroll process, ensuring compliance with local laws and regulations, and driving efficiency in payroll operations. This role requires a hands-on leader who can guide a team, manage payroll systems, and collaborate with HR and finance to support our workforce effectively.

Key Responsibilities:
  • Manage end-to-end payroll processing for all employees.
  • Ensure timely and accurate processing of payroll, including earnings, deductions, taxes, and benefits.
  • Maintain accurate payroll records and ensure compliance with all relevant regulations.
  • Conduct regular audits to verify payroll accuracy and address discrepancies promptly.
  • Collaborate with HR and finance teams to coordinate employee benefits, salary adjustments, and other compensation-related matters.
  • Manage payroll systems, making recommendations for process improvements and system upgrades.
  • Lead, train, and develop payroll staff, fostering a positive and collaborative work environment.
  • Prepare and submit regular payroll reports to management and government authorities as required.
Requirements:
  • Bachelor's Degree in Accounting, Finance, Human Resources, or a related field.
  • 5-10 years' experience as a Payroll Manager or equivalent.
  • Strong knowledge of payroll principles, laws, and regulations in South Africa.
  • Proficiency with payroll software.
  • Excellent organizational and time-management skills, with keen attention to detail.
  • Strong analytical and problem-solving skills.
  • Effective communication and leadership abilities.
Estimated Salary:

R 850,000 - R 1,050,000 per annum based on location and industry standards.