Total Rewards Lead job at Safaricom Kenya
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Vacancy title:
Total Rewards Lead

[ Type: FULL TIME , Industry: Telecommunications , Category: Accounting & Finance ]

Jobs at:

Safaricom Kenya

Deadline of this Job:
07 November 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Sunday, October 30, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
Total Rewards Lead

Brief Posting Description
Reporting to HOD - Total Rewards, the position holder will implement of the total reward strategy for Safaricom and related entities, through management of compensation and benefits, timely and accurate payroll management and consistent application of reward policies and procedure.

Job Responsibilities
• Managing the staff pension scheme
• Main contact for all pension related issues
• Processing of staff claims, and fee notes to third parties
• Liaising with the pension scheme administrators on monthly contributions
• Contact person for pension fund managers, custodians and auditors
• Organizing of quarterly trustee meetings and members annual general meetings
• Participate in the development and management of the grant scheme after rolling out.
• Preparing all communication materials related to the ESOP
• Working closely with external administrators for the schemes
• Create SLA’s for each provider involved in the scheme’s management.
• Manage the Launch of new programs as deemed attractive for retention and attraction as part of the Talent Management Program
• Continuous review of benefits to ensure relevance, market competitiveness and compliance
• Ensure funding application by Finance department is correct and report monthly on discrepancies
• Ensure Mortgage Scheme should be fully funded, and usage monitored monthly in-conjunction with Housing Finance and ensuring budget availability
• Liaising with the suppliers of the personal loans and car loans and participating in review negotiations.
• Ensure Payroll entries are closed & salaries paid & movement schedule & transfers done
• Ensure Casual staff payment vouchers are signed off & payment made
• Timely and accurate analysis computation & documentation of payroll issues
• Flagging of overtime & allowances costs that are over 100% of basic pay
• Ensure monthly statutory payment remittances
• Maintain compliance requirements as per regulatory guidelines
• Ensure the Payroll Software is regularly & accurately updated to capture changes in Legislation i.e. taxation
• Accurate reconciliation & authorization of payroll reports, accounts & journals
• Ensure that all Local Contracted staff payments are processed and transferred as per the Main Payroll.
• Ensure accuracy of both input and output details on payroll
• Continuously improve all applications relating to payroll
• Quarterly reports on system optimization opportunities
• Work in team to ensure flawless roll-out of the Bonus and Salary review cycle
• Ensure accurate system set-up for the reward cycles
• Work with HRBPs during the cycle to support line manager recommendations and correctness of reports.
• Provide reports during and after cycle
• Preparation of Salary offers and total reward statements
• Participation in benchmarking surveys for salaries and other compensation elements
• Ensure compensation proposals are aligned to the guidelines
• Support the movement of assignees, application of IM policy and providing compliance reports as required.
• Provide reports and insights that will help drive management decisions and reward strategy

QUALIFICATIONS
• University degree in Business Administration
• 4 to 5 years job related experience (compensation & benefits or other relevant)
• CHRP and ACCA or CPA certification will be an added advantage
• Human resource experience

Work Hours: 8


Experience in Months: 48

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to Safaricom Kenya on safaricom.taleo.net to apply


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 07 November 2022
Duty Station: Nairobi
Posted: 31-10-2022
No of Jobs: 1
Start Publishing: 31-10-2022
Stop Publishing (Put date of 2030): 31-10-2066
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