| JOB NAME |
Compensation & Benefits Advisor [Lagos]
POSTED BY: Precisehire Associates
REF:PHA 2000
Date Published:Wednesday, May 15, 2024
Date of Expiration:Monday, November 11, 2024 EXPIRED
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| LOCATION OF THIS JOB |
 Nigeria | LAGOS in Nigeria |
| INDUSTRY |
| Engineering
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
DEPARTMENT/DIVISION/UNIT: Human Capital Management
JOB CLASSIFICATION
LOCATION: Lagos
REPORTING RELATIONSHIPS:
• Functionally Reports To: GH: HCM
• Administratively Reports To: GH: HCM
WORKING RELATIONSHIPS:
• Internal All departments
• External As may be required
JOB OBJECTIVE/PURPOSE OF THE JOB
1. The role will be responsible for overseeing compensation and benefits programs, including payroll administration and designing benefits strategies to attract and retain top talent.
2. The role requires a deep understanding of compensation structures, payroll processes, and benefits administration.
3. The successful candidate will play a pivotal role in ensuring competitive and attractive compensation and benefits packages to support our organization's talent acquisition and retention goals.
JOB DUTIES/RESPONSIBILITIES/ACCOUNTABILITIES
1. Manage and administer payroll processes, ensuring accuracy, compliance, and timeliness. Develop and implement comprehensive compensation and benefits policies and strategies that align with organizational goals and industry best practices.
2. Analyze compensation trends and conduct benchmarking studies to ensure competitiveness in the market.
3. Collaborate with HR leadership to design and communicate employee compensation packages, including base salary, bonuses, and incentives.
4. Oversee benefits administration, including health insurance, retirement plans, and other employee perks.
5. Evaluate and recommend changes to existing compensation and benefits programs to ensure cost-effectiveness and competitiveness.
6. Provide guidance and support to HR colleagues and managers on compensation and benefitsrelated matters.
7. Stay informed about regulatory changes and compliance requirements related to compensation, benefits, and payroll administration.
8. Develop and maintain strong relationships with external vendors, such as payroll service providers and benefits brokers.
9. Prepare reports and presentations for senior management on compensation and benefitsrelated metrics, trends, and recommendations.
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| REQUIREMENTS FOR THIS JOB |
JOB SPECIFICATIONS
EDUCATION
Qualification
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
Professional Qualification:
Relevant certification (e.g., Certified Compensation Professional, Certified Benefits Professional) is a must.
Experience
1. Proven experience (5 years) in compensation and benefits administration, with a focus on payroll administration and benefits strategy development.
2. In-depth knowledge of compensation principles, including salary structures, incentives, and variable pay programs.
KEY COMPETENCY REQUIREMENTS
1. Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and external partners.
2. Demonstrated ability to manage multiple priorities in a fast-paced environment while maintaining attention to detail and accuracy. Thorough understanding of relevant employment laws, regulations, and compliance requirements.
3. Strategic thinking and problem-solving abilities to anticipate and address compensation and benefits challenges proactively.
4. Commitment to maintaining confidentiality and integrity in handling sensitive employee information.
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English 
FRENCH
