Compensation & Benefits Specialist at Deloitte Nigeria

Deloitte is the largest private professional services network in the world. Everyday, approximately 286,200 professionals in more than 150 countries demonstrate their commitment to making an impact that matters. Our West Africa practice serves multinationals, large national enterprises, small and medium-sized enterprises and the public sector across Nigeria and Ghana.

In Nigeria, Deloitte is one of the leading professional services firms, specializing in providing Audit, Tax, Consulting, Risk Advisory and Financial Advisory services. We serve clients in a variety of industries from financial services, consumer, telecommunications, media & technology, energy resources & Industrial and government and public services.

We are recruiting to fill the position of:

Job Title: Compensation & Benefits Specialist

Location: Lagos
Employment Type: Full Time

Role Summary

• The Compensation & Benefits (C&B) Specialist role is responsible for providing support in rewards management strategy, delivery of payroll administration, benefits administration and HRIS management.

Responsibilities
Reward Management:

• Actively support in review and update of compensation (reward management)– related policies and initiatives in line with global best practices.
• Actively support in the preparation of annual salary scales in line with the firm’s leadership decision.
• Participate actively in compensation review processes – employee bulk allowances, salary review, statutory payments.
• Innovatively develop and recommend reward and recognition programmes to ensure market competitiveness (for talent attraction & retention).
• Review market benchmark surveys, analyze competitive market data and develop recommendations.
• Identify compensation trends and continually review current practices and policies to ensure best practices are utilized.
• Perform first level review of employment offers in line with the salary scales and applicable remuneration policies, compile and review employee promotion/salary review letters.
• Coordinate all employees’ external financial relations – bank loan requests, relations with staff cooperative, pensions, personal insurance plans, etc.
• Track and monitor compensation and benefits issues- ensure issues are promptly addressed, processed and appropriately communicated (where applicable) i.e. final entitlement to exiting employees.
• Initiates new reward initiatives, track updates on compensation and reward policies, SOPs and other relevant T&T initiatives

Payroll Administration:

• Initiate prompt capturing of employee monthly salary inputs and accurate communication to all concerned.
• Manage monthly payroll circle, accurately and promptly.

Benefits Administration:

• Initiate prompt payment of employee allowances/benefits, final entitlements and firm’s statutory obligations – productivity, NSITF payment, Group life and ITF.
• HMO administration – work with HMOs to resolve staff issues, ensure up-to-date HMO database with prompt input of updates, etc.

HRIS Management:

• Coordinate all SAP/Greatsoft input and queries – leave (maternity, annual, sick, compassionate, etc.).
• Prepare and compile HRIS reports – employee movement report, SAP, Talent Metrics, employee turnover, and other data analytics reports for management.
• Manage the transition process of manual employee records filling to electronic filing management systems.
• Supervise the filing administration of employee records and documents.
• Review employee files from time to time to ensure accuracy in employee records.

Requirements

• Possess a Bachelor’s Degree (B.Sc., B.A., B.Eng./B.Tech., etc.) or Higher National Diploma (HND) in any discipline with a minimum of Second Class Lower/Lower Credit division
• Have a minimum of five credits in WASSCE Ordinary Level/NECO subjects or acceptable equivalent examination, including Mathematics and English Language in one sitting only
• 2-4 years cognate experience.

Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.

Application Closing Date
4th Janaury, 2022.