Compensation and Benefit Executive at Alphamead

Alpha Mead Group is a Total Real Estate Solutions Company established to provide robust business support services to local and international Real Estate investors or owners with interests in Facilities Management, Real Estate Development and Advisory, Security Systems and Technologies, Training, Healthcare Management, and Real Estate Financing Services.

The Compensation and Benefits Executive will manage the compensation function including but not limited to payroll, incentives, and benefits for employees. S/he will implement new and revised compensation programs, policies, and procedures to align with the company’s goals and competitive practices.

Key Responsibilities

(A) Compensation And Benefits Management

• Develop policies and procedures to support the compensation and benefits function
• Prepare and deploy periodic compensation activities such as incentives, benefits, and other statutory obligations) every month and ensure all employees are paid promptly and accurately
• Work with the Compensation and Benefits Manager to ensure cross-checking and reviews of figures before payment of compensations and benefits to ensure accuracy
• Manage the process of gathering HR data for the organization’s balanced scorecard
• Ensure compensation and benefits standards comply with company policies.
• Conduct and participate in market and salary surveys
• Monitor reviews of compensation and benefits packages to maintain market positioning.

(B) Payroll Management

• Ensure effective management of payroll processes
• Prepare and deploy payroll activities every month and ensure all employees’ salaries, benefits, and allowances are paid promptly and correctly for business divisions
• Ensure preparation of payroll scheduling i.e. payroll report, Variance, statutory/voluntary deduction report, etc.
• Provide detailed payroll report which entails total staff costs monthly, quarterly and annual for strategic decisions
• Compile summaries of earnings & deductions (Taxes, Pension, NHF, Loan, Leave, Gratuity, etc.) and all statutory schedules/remittances for the report and ensure payment accordingly
• Ensure compensation reviews based on classification or reclassification of jobs, promotions, etc.
• Prepare payroll journal which will be sent to the senior management for review monthly
• Prepare Pension Remittance Report, Tax Remittance Report, and Re-reimbursable report, Statutory deduction report i.e. NHF, NSITF, and any other report as indicated in the payroll activities for each month
• Resolve all payroll inquiries including suspended salaries and allowances, returned salaries, refunds, tax issues, etc.

(C) Human Resource Information Management

• Ensure the payroll inputs are accurately verified before sharing the data with the Compensation and Benefits Manager correctly input the data into the Human Resources Information System
• Effectively and efficiently manage the Human Resources Information System (HRIS)
• Create workshops to sensitize employees on how to utilize the Employee Self Service on the HRIS
• Resolve complaints employees may have in navigating the portal

(D) Operational/Administrative Functions

• Work with cross-functional teams such as Internal Control, Finance, and Business Managers to ensure an effective payroll process
• Collate names of staff nominated for internal training and share for approval with the Compensation and Benefits Manager
• Ensure staff files are accurately stored
• Ensure all due correspondences, memos, reports, and certificates are tracked in each employee’s files
• Vet all medical reimbursement records and share them with the Compensation and Benefits Manager for review

(E) Database Management

• Create and manage the HR Database
• Share database information such as physical files and folders with only approved recipients
• Track the in and out of the files and the document contents of the file
•  Ensure the records of ad-hoc staff are properly inputted into the database

• First degree in Social Sciences/ Management /Physical Sciences or Engineering
• Professional Membership in HR is required.
• Minimum of 4 years experience as a compensation and benefits or payroll specialist
• Strong knowledge of data analysis is required
• Proficiency in payroll preparation using ERP software, preferably Microsoft Dynamics Business Central (Sage & Oracle experience considered).
• Advanced expertise in Microsoft Excel for data analysis and reporting.
• Exceptional attention to detail.
• Excellent communication skills, demonstrating clarity and conciseness

• Good professional appearance and attitude.
• Diplomatic, tactful, discreet, flexible, resourceful and dependable
• Excellent leadership and project management skills
• Knowledge of Microsoft Office (Excel, PowerPoint, Word).
• Outstanding organizational skills
• Attention to details