Manager - Total Rewards
As the Manager Total Rewards at MAF Retail, your role is crucial in overseeing the compensation and benefits programs within the organization. Operating within a centralized Total Rewards COE framework, you will ensure the consistent application of reward practices, compliance with governance requirements, and operational efficiency. Your responsibilities include executing compensation frameworks, policies, and programs, supporting annual reward cycles, maintaining data accuracy, and ensuring adherence to approved policies and Delegation of Authority (DOA). Key Responsibilities and Accountabilities: - Compensation & Benefits Implementation: - Execute compensation frameworks, policies, and programs according to approved structures and guidelines. - Support the rollout of annual reward cycles frameworks, including merit increases and bonus calculations. - Ensure accurate and timely processing of compensation changes across markets. - Maintain standardization in the application of salary structures, allowances, and benefits. - Governance, Compliance & Control: - Process all compensation transactions in line with approved policies and DOA requirements. - Act as a control checkpoint for data accuracy and policy compliance. - Maintain proper documentation, audit trails, and reporting standards. - Support closure of internal and external audit findings related to compensation. - Job Evaluation & Grading: - Conduct job evaluations using approved methodologies. - Validate job evaluations for consistency with grading frameworks. - Support documentation and communication of job evaluation outcomes. - Escalate complex or senior roles for further validation. - Market Benchmarking & Analysis: - Coordinate participation in salary surveys and external benchmarking exercises. - Compile and analyze market data to support competitiveness assessments. - Support internal equity reviews and provide data-driven insights. - Maintain a database of market benchmarks and compensation trends. - Reward Business Support: - Act as an operational point of contact for P&O teams on reward-related queries. - Provide guidance on policy application, salary positioning, and compensation processes. - Support preparation of compensation proposals and business cases. - Ensure consistency in reward application across markets. - Financial Tracking & Reporting: - Support tracking of compensation budgets. - Prepare reports on compensation trends, variances, and key metrics. - Assist in identifying cost optimization opportunities. - Ensure alignment of compensation data with finance and payroll records. - Systems & Data Management: - Maintain compensation data in HR systems. - Ensure accuracy, completeness, and integrity of reward-related data. - Support system enhancements and testing related to compensation processes. - Generate reports and dashboards for internal stakeholders. - Capability Building & Team Support: - Provide guidance and on-the-job support to junior team members. - Contribute to knowledge sharing across P&O teams. - Support training sessions on reward policies and processes. - Promote awareness of governance and compliance requirements. In addition to the above responsibilities, your success in this role will be measured by the accuracy and efficiency of the job evaluation process, timeliness of compensation transactions, data integrity and system accuracy, compliance with policies and DOA requirements, closure of audit findings, quality of support to P&O teams, reporting accuracy, and dashboard effectiveness. Qualification, Experience & Skills: Minimum Qualifications/Education: - Bachelors degree in Human Resources, Finance, Business Administration, or related field. - Professional certifications in compensation or job evaluation preferred. - Knowledge of Power BI or other compensation analytical tools would be an added advantage. Minimum Experience: - Minimum 46 years of experience in compensation and benefits or Total Rewards. - Experience of change programs with a blend of consulting & in-house. - Exposure to HR systems and compensation processes in a multi-country or matrix organization preferred. Skills: - Strong attention to detail and accuracy. - Analytical mindset with good data interpretation skills. - Good stakeholder management and communication skills. - Strong organizational and time management abilities. - Ability to handle sensitive data with confidentiality. - Process-oriented and governance-focused. Your role as the Manager Total Rewards at MAF Retail is pivotal in ensuring the effective execution and continuous improvement of compensation and benefits programs in alignment with organizational goals and governance requirements.