Compensation & Benefits Specialist at Ikeja Electricity Distribution Company (IKEDC)

Full Time1 year ago
Employment Information

"Ikeja Electricity Distribution Company (IKEDC) - Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, the Ikeja Electric (IE), Nigeria's largest power distribution network, came into existence on November 1st, 2013 following the handover of the defunct Power Holding Company Of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.
We are recruiting to fill the position below:

Job Title: Compensation & Benefits Specialist

Location: Lagos

Employment Type: Full Time


Role Purpose
    To provide support to the business in the field of compensation, benefits and payroll administration and also assist the Rewards Unit in various projects to deliver on business objectives.


Role Accountabilities
    Implement rewards strategies, including compensation, benefits, retirement, engagement and other work experience programmes that are cost effective and consistent with market trends and Company objectives
    Advise on state employment regulations which have an impact on benefits policies and suggest appropriate measures.
    Support in the preparation of budget and plan for all compensation related activities.
    Implement and manage salary classification and compensation programmes.
    Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals
    Develop a consistent compensation philosophy in line with work culture and organisational objectives
    Review all payroll related inputs into the payroll system and check for accuracy.
    Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
    Communicate all reward practices within the organization to employees.
    Prepare PAYE audit support data for external auditor’s use.
    Be responsible for timely incentive payments.
    Supporting several projects such as job evaluations and re-grading etc.
    Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
    Manage employee welfare schemes in order to encourage retention.
    Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
    Assist in carry out any other duties as requested by the Head of Department.and manage the implementation of a clearly defined learning strategy in line with annual corporate goals.


Minimum Requirements
    First Degree (B.Sc or H.N.D) Social Sciences or any relevant field.
    Minimum 6 - 8 years field experience in Human Resources management.
    Professional qualifications in Human Resources will be an advantage.


Your Personal Attributes:
    Intrinsically motivated;
    Results - oriented and pragmatic with exceptional problem solving and decision making skills;
    Emotionally intelligent and team player with an international outlook
    Excellent and precise communication & presentation skills;
    Comfortable and effective in managing and communicating with team members and stakeholders
    Ability to deliver results with low levels of supervision;
    Strong interpersonal skills, time management and planning skills
    Strong demonstrated use of Excel, Word, and PowerPoint
    Passion for customer service
    Operate well under stress, flexible and focuses on delivering results;
    Integrity and principles-based work ethics
    Demonstrated effective interpersonal skills
    Ability to move at operational, tactical and strategic levels.


Skills & Competencies:

Technical:
    Proficiency in Microsoft office suite (Word, Excel, PowerPoint, Access)
    Planning and Organizing skill
    Understand HR practices and compensation cycle management.
    Analytical skills.
    Ability to maintain confidentiality
    Planning, Design & Development.


Behavioral:
    Ability to work under pressure and multi task effectively
    Attention to Detail.
    Persuasive.
    Problem Sensitivity.
    Good Verbal communication & interpersonal Skills and Interpersonal Relations.

Application Closing Date

Not Specified.


Method of Application

Interested and qualified candidates should:

Click “Apply Now” button below to apply.
 

Skills
Financial ReportingTax Planning