Rewards Consultant
2 weeks ago
Mission/ Core purpose of the Job
The Consultant -Rewards supports and implements the strategy deployment, localization and enablement of the Rewards portfolio for MTN SAwithin respective area of responsibility.
MTN SA is an Operating Company (Opco) of MTN Group. MTN SA HR is governed by MTN Group's policies, framework and methodologies. MTN SA is entering a new phase in its lifecycle where operational and commercial excellence has become critical for success. The urgency for change has become more heightened amidst increased competitive intensity.
Key Deliverables
The Consultant-Rewards will be accountable to achieve the following objectives:
- Strategy Alignment and Implementation
- Support the alignment of the functional strategy in line with the overarching MTN SA and cascaded MTN Group business goals
- Ensure effective implementation of the strategy by means of providing direction, structure, frameworks, models, plans and roadmaps for the portfolio
- Assist the Senior Manager with the functional implementation roadmap to ensure its alignment with the MTN SA business strategy and Group HR strategy while considering the changing dynamics of the internal and external ecosystem
Governance
Tactical Meetings
- Hold tactical meetings, ensure relevant participation and provide guidance and input in the various discussions
- Implement MTN SA wide transformation initiatives, elicit inputs from relevant parties and Group HR guidance on Global HR transformation initiatives
- Implement adequate risk mitigation and controls and elicit inputs from relevant parties
- Initiate approval process on new initiatives
- Prepare proposals of related initiatives within the sub-stream
Escalations
- Escalate issues that within area of responsibility will result in severe time, scope, productivity, and cost or resource impact
- Provide solutions, within DOA, to escalations that have multiple processes / functions impact on critical path of service delivery
Reporting
- Report on a periodic basis to the SM Total Rewards relating to progress made within the function and in accordance with the measurement metrics set by the organisation
- Report on an ad hoc basis on specific projects, as required
Portfolio budgets
- Develop and manage portfolio budgets in line with business objectives
- Ensure that the cost of operations are reduced, in line with a least cost operating strategy stemming from the business drivers
Total Rewards Governance
- Implement the Compensation and Benefits reward framework in the Opco as per Group guidelines
- Implement and maintain the Rewards governance platform in line with MTN Group policies, across business to drive internal and regulatory compliance, cost target efficiencies, functional performance, technical resolutions and exchange of practices
- Proactive evaluation and reporting of relevant rewards performance (financial and non-financial) metrics to enable timely course correction, programs and initiatives for the portfolio
- Promote Rewards advisory services based on MTN Group standards for compensation and benefits
- Support MTN SA REMCO and other compensation related local governance committee presentations
- Support Group HR with information and MTN SA related support for Group REMCO and other Group Governance committee presentations
- Monitor business impact of rewards programs
- Liaise with Group HR for ad hoc salary increases and payouts
- Ensure compensation and benefits audit and compliance readiness across MTN SA
MTN SA Compensation and Benefits
- Support and manage the deployment of integrated compensation and benefit programs; base pay and incentive pay plan, reward levels based on MTN Group defined framework and guidelines
- Manage the implementation of MTNs Compensation & Benefits policy and ensure 100% compliance to Group defined Compensation & Benefit policies and guidelines
- Support and manage the rollout of MTN Group Compensation and Benefits Analytics frameworks to assess performance of the function and impact on MTN SA
- Monitor the Group HR defined process to define the bonus and salary increase plans, approvals, guidelines, eligibility criteria and modelling across MTN SA
- Support and manage the adoption of MTN Group defined total rewards optimization strategies across MTN SA
- Actively contribute to the talent attraction and retention strategy through to design of innovative compensation and benefits programs with support from Group Rewards team where required
- Provide recommendations and solutions to technical complex resolutions to the Rewards team to effectively execute on its objectives
Education:
- Minimum of 3 year tertiary degree/diploma (specialization in Commerce/Finance/Mathematics/ Sciences/Management/Human Resources as appropriate)
- Post-graduate qualification in a related field would be an advantage
Experience:
- Minimum 5 years Compensation, Benefits, , Payroll & Share Administration domain;
- Worked across diverse cultures or multinational/ international organisation
- Experience working in a medium to large organization
- Project management experience
- Financial / Numeracy experience
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