Job Objectives

• Collaborate with the Head of Reward & OE to implement the Payroll, Benefits & Compensation Framework, driving process improvement and automating repetitive payroll tasks.
• Integrate cohesive Payroll, Benefits & Compensation processes to streamline operations and enhance data entry accuracy.
• Oversee the management of the end-to-end payroll administration across all divisions while continuously determining opportunities for process optimisation through quarterly reviews.
• Achieve payroll compliance with relevant statutory requirements by implementing automation systems that enhance accuracy and reduce errors.
• Oversee the management end-to-end employee benefits administration, including pension and medical aid, while implementing user-friendly digital platforms to maximize employee satisfaction.
• Oversee the management end-to-end execution of employee compensation packages, annual increase processes, as well as STI and LTI Schemes, while applying data analytics to enhance compensation strategies and market competitiveness.
• Develop and maintain key performance indicators (KPIs) to interpret the effectiveness and efficiency of payroll, benefits, and compensation processes, allowing for proactive adjustments.
• Drive cross-functional collaboration to identify bottlenecks and pain points in existing processes, promoting a culture of continuous improvement.
• Leverage advanced technologies and data analytics tools to refine payroll processing timelines and maximise turnaround times on payroll-related inquiries.
• Implement regular training sessions for payroll staff to ensure they can apply best practices and new technologies that enhance efficiency.
• Determine areas for improvement through employee feedback sessions, utilising insights to make informed enhancements to processes.
• Devise opportunities for self-service tools that empower employees to manage their own benefits and compensation inquiries, reducing administrative workload and improving overall user experience. Strategic design, development and implementation
• Drive the development of the Group Payroll, Benefits & Compensation Strategy in collaboration with key business stakeholders to enhance operational efficiencies and improve overall performance.
• Provide timely strategic input for REMCO and Trustee preparations, streamlining processes through automation.
• Partner with the Head of Reward and Organisational Effectiveness (OE) to provide strategic insights into reward strategies and implementing new frameworks.
• Utilise technology and data analytics to enhance the strategic design and delivery of Payroll, Benefits, and Compensation processes, driving efficiencies and improving employee outcomes.
• Structure and resource Group Payroll, Benefits, and Compensation Execution services to ensure the right people and capabilities are in place to meet organisational demands, with a focus on efficiency.
• Promote continuous improvement within the Group Payroll, Benefits, and Compensation Execution value chain by emphasising process improvement and automation.
• Identify technology requirements to enhance Group Payroll, Benefits, and Compensation Execution and enable a seamless employee experience, while strategically aligning systems for optimal performance.
• Collaborate with Solutions teams to ensure services remain current, aligned with best practices, and strategically positioned for future growth.
• Develop and lead the Group Payroll, Benefits, and Compensation Execution teams to deliver services in line with policies and scheme rules, while leveraging technology to enhance operational efficiencies.
• Foster an innovative, employee-centric culture within Group Payroll, Benefits, and Compensation Execution, implementing feedback mechanisms for continuous improvement.
• Promote an employee wellness culture that supports mental, physical, and emotional well-being.
• Encourage open and transparent communication within Group Payroll, Benefits, and Compensation Execution, for timely updates and feedback.
• Develop budgets for Group Payroll, Benefits and Compensation Execution.
• Manage Group Payroll, Benefits and Compensation Execution costs whilst balancing the need for optimal service delivery to employees and operations.
• Drive the collection and use of Group Payroll, Benefits and Compensation Execution data and business intelligence.
• Ensure that the Group Payroll, Benefits and Compensation Execution complies with relevant labour relations frameworks and legislation, policies, and scheme rules.
• Implement Group Payroll, Benefits and Compensation Execution governance structures, policies, processes, procedures, and frameworks.
• Oversee identification and mitigation of Group Payroll, Benefits and Compensation Execution risks.

Qualifications

• Degree in Human Resources, Finance, Business Sciences or equivalent – (essential).
• Post Graduate Degree in Human Resources, Finance, Business Sciences or equivalent – (preferred).

Experience

• +8 years in a Group Payroll, Benefits and Compensation Execution or equivalent role, leading execution of Group Payroll, Benefits and Compensation Execution frameworks, policies, procedures, and guidelines that emphasize process improvement and automation – (essential).