Central Bank of Kenya Deputy Manager, Compensation and Benefits Jobs

Central Bank of Kenya Deputy Manager, Compensation and Benefits Jobs

Job Purpose

The role holder is responsible for the day-to-day management of compensation and benefits activities in the HR Department. He/ She will be responsible for processing payroll, staff benefits, and ensuring seamless operational execution to deliver outstanding customer experience.

Key Duties and Responsibilities

Strategic Responsibilities

Contribute, as a member of the HR Department’s management team, to the development and delivery of the Bank’s human resources strategy.

Support the Compensation and Benefits team in proactively manage the overall HR budget and reconciliation process, ensuring the Bank meets its cost targets/forecasts.

Technical Responsibilities

Implement the compensation and benefits strategy that is competitive, cost effective, and drives the required behaviours and business outcomes.

Oversee maintenance of employee benefits files, maintain benefits database and update employee payroll records in line with the Bank’s standards and procedures.

Work with the Team Leader in monitoring administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding.

Collaborate with various partners, including HRIS service providers, IT, HR Partners and Learning and Talent Development teams in ensuring technical competency and capability is built across the organisation for maximization of value of the HRIS.

Review staff allowance applications and make recommendations for management’s review. Ensure they comply with the Bank policies and guidelines.

Liaise with staff members to advise the position on their allowance applications, keeping them abreast at every stage to ensure a good customer experience.

Oversee the verification of payroll details to ensure accuracy and distribution of pay checks.

Proactively participate in organisation/HR specific projects

Review

data integrity/maintenance in the compensation and benefits module on the HRIS.

Support HR Annual Audit and ensure to close on any outstanding issues with the required timelines.

Collaborate with the Team Leader to Implement communication tools to enhance understanding of the Bank’s benefits package.

Oversee reconciliation of relevant payments and deductions with the relevant stakeholders in a timely manner.

Support in benchmarking surveys for employee benefits and implementation of interventions thereof.

Maintain own high performance and Own up-to-date and actioned competency assessments and development plans.

Any other roles and responsibilities as may be assigned by the supervisor.

Qualifications

A Bachelor’s degree in any of the following areas; Human Resource Management, Commerce (Human Resources), Business Administration or equivalent qualification from a recognized institution.

Certified Human Resource Management Professionals (CHRP)/Higher Diploma in Human Resources Management qualification is an added advantage.

Membership to the Institute of Human Resource Management (IHRM) is an added advantage.

Certified Public Accountant certification.

Work Experience

At least five (5) years’ post qualification relevant experience in a financial institution.

How to Apply

For more information and job application details, see; Central Bank of Kenya Deputy Manager, Compensation and Benefits Jobs

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