Junior Compensation Manager

Purpose of the role

The Junior Compensation Manager will support the C&B Managers in creating compensation related reports, budgeting forecasts and tools to ensure proper monitoring and development of the existing compensation structure. The role will be involved in analysing salary benchmark data and supporting all compensation related projects. 

Responsibilities

• Supports the C&B Managers with the annual salary planning process, salary structure reviews/updates, internal equity reviews. 
• Prepares complex compensation calculations, works under the supervision of the Compensation Manager(s) in the creation of the salary structures and compensation policies.    
• Contributes with monthly payroll report consolidation, cooperates actively with HR Operations on the subject. Ensures monthly update of all relevant payroll based C&B files and reports. 
• Facilitates digitalisation/automatization projects, acts as an ambassador of digitalisation of C&B processes. 
• Takes part in the upcoming Compensation Module implementation, in collaboration with Digital and HR Operations teams. 
• Supports the budgeting process with preparing merit/pay budgets and associated cost modeling. 
• Supports with planning and forecasting of HC, payroll, makes sure that HR expenses are in place and reported on a regular basis 
• Updates compensation related guidelines and policies 
• Collaborates in management of corporate benefits and incentive schemes. 
• Supports the team with pay transparency related reporting and compliancy. 
• Responds to ad hoc compensation related questions and inquiries. 
• Supports the development of pay structures and ranges for opening bases in new network countries. 
• Monitors existing rewards programs and metrics to ensure conformance to corporate strategies, policies and ensure their cost-effectiveness. 
• Supports internal and statutory reporting (to Accounting, to the National Statistical Office, local tax and SSC authorities etc.) 

Experience

1-3+ years’ experience in Compensation/Reward/HR Operations or Controlling/Finance positions, including international projects. 

Hard skills

• Strong Excel knowledge 
• SAP Success Factors knowledge is an advantage 

Education

Bachelor or Master’s degree 

Language

Fluency in English (spoken and written) 

Skills and competencies

• Capability to understand complex issues and procedures. 
• Proactive approach with a strong ability to drive projects and initiatives. 
• Efficient problem-solving skills. 
• Good communication skills with the ability to interact effectively with various stakeholders. 
• Customer-focused attitude. 
• Positive, can-do attitude. 
• Attention to detail and strong numerical skills.