Compensation & Benefits Manager at Sahara Group Full Time NEW

Job Title: Compensation & Benefits Manager

Job ID: 334
Location: Victoria Island, Lagos
Employment Type: Full Time

Accountabilities

• Ensure compensation and benefits standards comply with company policies and/or other regulations or legislation.
• Analyse, review, recommend, and obtain approval for changes to compensation and benefits at all levels.
• Assist in development of policies and procedures (In Nigeria and other locations) to support the compensation and benefits function.
• Ensuring compensation and benefits plans are cost-effective and competitive.
• Monitor reviews of compensation and benefits packages to maintain market positioning.
• Participate in due diligence during consolidations, mergers and acquisitions.
• Coordinate communication of compensation and benefits information to employees and other HR groups.
• Help prepare Government filings, plan audits, or other tax-reporting requirements.
• Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses.
• Designing reports and recommendations based on research and analysis for senior executive team.
• Set the organization’s pay and benefits structure; assist in design of Group Compensation Philosophy.
• Drive participation in market and salary surveys.
• Ensure employee queries on compensation and benefit matters are resolved satisfactorily.
• Coordinate and supervise the work activities of specialists and support staff.
• Choose and manage outside partners, such as benefits vendors, insurance brokers, and investment managers.
• Oversee the distribution of pay and benefits information to the organization’s employees.
• Ensure that pay and benefits plans comply with federal and state regulations.

Requirements

• BA degree in Business Administration or a related field.
• 8-10 years of cognate experience in a Compensation & Benefits specialist role.
• Excellent knowledge/proficiency of MS Office (Excel) and HRIS database management.
• HR Professional Qualification is a must.
• ICAN or ACCA Professional Qualification will be an added advantage.
• Excellent grasp and understanding of HR indices and their impact on the Business.
• Strong analytical skills
• Excellent understanding of trends, challenges, regulations and legislations relating to our core businesses and locations.
• Good understanding of employee/industrial relations, as well as an appreciation of dynamics of the Labor and employment legislations in countries where the Group has presence.
• Strong project management skills
• Excellent financial management and budgeting skills
• Deep experience in structuring compensation and benefits packages, and measuring their success/impact.

Application Closing Date
30th March, 2025; 10:59 PM.