Compensation Specialist
5 days ago
We are seeking a highly organized and detail-oriented Compensation Specialist to oversee our payroll operations in Muizenberg, ensuring employees are paid accurately and on time. 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.
Main Responsibilities:
- Oversee and manage end-to-end payroll processing for all employees.
- Ensure timely and accurate processing of payroll, including earnings, deductions, taxes, and benefits.
- Maintain payroll records and ensure compliance with all 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 in the retail industry.
- 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.
- Ability to work independently and as part of a collaborative team.
Estimated Salary: R 550,000 - R 750,000 per annum, depending on experience.
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