Brief Description        

This role purpose is to contribute to the development and implementation of the company’s compensation and benefits programs including job evaluation and design of reward schemes. This role will also be responsible for overseeing the accurate and timely processing of payroll for the organization and ensuring compliance with relevant regulations and maintaining payroll records and systems.

Detailed Description        

• Review and rework the company’s reward and benefits programmes as well as develop internal statutory progression mechanisms.
• Manage& Facilitate Job Evaluation and monitor market pay rates to ensure appropriate remuneration packages are in place
• Compile HR remuneration information from all KQ locations for annual compensation reports.
• Develop, implement and administer salary administration programmes
• Monitor the effectiveness of the compensation guidelines and procedures while recommending plan revisions as well as new, cost-effective plans
• Develop procedures and reports to monitor compensation throughout the year to maintain internal equity in compensation structures throughout the company.
• Participate in selected compensation surveys, analyze survey results, and recommend changes to salary ranges to maintain a competitive compensation structure in all KQ labour markets.
• Assist with the implementation of the annual reward cycle, ensuring that there is accuracy in adjustments of salaries across the different areas.
• Provide oversight of the global employee payroll processing within agreed timelines
• Supervise and lead the payroll processing team, ensuring that all payroll transactions are accurately calculated, verified, and processed within established deadlines.
• Ensure compliance with labor laws, tax regulations, and company policies when processing payroll.
• Conduct periodic audits to maintain the accuracy and integrity of payroll data.
• Maintain detailed payroll records.
• Review and validate payroll data to minimize errors and discrepancies.
• Manage and mentor the payroll team, providing guidance and training as needed.
• Analyz payroll data for accuracy and consistency, identifying and addressing any discrepancies or issues.
• Generate payroll reports for management and finance teams, summarizing payroll costs and other relevant metrics.
• Stay up to date with changes in tax regulations, labor laws, and payroll best practices, ensuring ongoing compliance.
• Assist in the preparation and submission of payroll-related reports to relevant government authorities.
• Address and resolve payroll-related compliance issues and discrepancies promptly.
• Respond to employee inquiries and concerns related to payroll, providing clear and helpful information.

Job Requirements        

• University Degree in relevant field
• CPA(K) or equivalent accounting qualifications
• At least 5 years of relevant experience in a busy environment, preferably in compensation and benefits
• Thorough knowledge of income tax laws, labour laws and other statutory laws affecting payroll
• Knowledge of oracle or similar ERP system
• Good Working knowledge of MS Office and Excel in particular