Compensation Expert for Retail Operations

1 week ago


Cape Town, Western Cape, South Africa Network Recruitment Full time
Job Title: Compensation Expert for Retail Operations

We are seeking a highly organized and detail-oriented Compensation Expert to oversee our compensation operations in Muizenberg, ensuring employees are paid accurately and on time. As the Compensation Expert, you will be responsible for managing and executing the compensation process, ensuring compliance with local laws and regulations, and driving efficiency in compensation operations.

Key Responsibilities:
  • Oversee and manage end-to-end compensation processing for all employees.
  • Ensure timely and accurate processing of compensation, including earnings, deductions, taxes, and benefits.
  • Maintain compensation records and ensure compliance with all regulations.
  • Conduct regular audits to verify compensation accuracy and address discrepancies promptly.
  • Collaborate with HR and finance teams to coordinate employee benefits, salary adjustments, and other compensation-related matters.
  • Manage compensation systems, making recommendations for process improvements and system upgrades.
  • Lead, train, and develop compensation staff, fostering a positive and collaborative work environment.
  • Prepare and submit regular compensation reports to management and government authorities as required.
Requirements:

To be successful in this role, you should have:

  • Bachelor's Degree in Accounting, Finance, Human Resources, or a related field.
  • 5-10 years' experience as a Compensation Manager.
  • Retail industry experience.
  • Strong knowledge of compensation principles, laws, and regulations in South Africa.
  • Proficiency with compensation 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 500,000 - R 700,000 per annum, depending on experience.

Location:

Muizenberg, South Africa.



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