Manager – Internal Audit

Job title: Manager – Internal Audit

Company: Kingston Stanley


Job description: Role: Manager – Compensation and Benefits
Location: DubaiRole Summary
The Manager for Compensation and Benefits is responsible all aspects of the company’s compensation and benefits programs as well as managing payroll operations. This role will ensure that the compensation packages are competitive and aligned with organizational goals, while also maintaining accurate payroll processing and compliance with relevant regulations.Responsibilities

• Develop and execute comprehensive compensation strategies aligned with the company’s objectives, ensuring competitiveness in the market. Conduct regular analyses of job roles and market trends to ensure fair and competitive compensation structures and job classifications.
• Oversee and manage the design, implementation, and management of employee benefits programs such as health, wellness, retirement plans, and other benefits.
• Stay informed about industry trends and best practices in employee benefits to ensure our offerings remain competitive and cost-effective. Evaluate existing benefits offerings and recommend enhancements or changes as needed.
• Handle benefits-related inquiries from employees and coordinate with vendors, brokers and consultants as necessary.
• Design and implement employee incentive programs, provide relevant financial, operational, and business performance analysis and insights. Oversee the administration of bonuses, incentives, and other variable pay programs.
• Oversee all aspects of payroll processing, ensuring accuracy, timeliness, and compliance with relevant regulations. Review payroll reports and resolve any discrepancies or issues.
• Manage budgets related to manpower budget, compensation and benefits, providing insights and recommendations for future planning and forecasting.
• Deliver analysis HR data, identify key trends and contribute to the creation of HR insights that enable the diagnosis of business issues, enhancement of employee engagement, and/or improvement of business performance.
• Develop, update, and communicate policies related to compensation, benefits, and rewards, ensuring compliance with legal and company requirements. Assist with audits and respond to inquiries from regulatory agencies.
• Collaborate with Talent Management team and managers to integrate compensation and benefits with performance management systems to drive productivity and employee engagement.
• Conduct job analysis and job evaluation processes. Create, update and validate job descriptions/role profiles when necessary.
• Collaborate with IT ERP team to maintain and optimize payroll and benefits systems. Identify opportunities for process improvements and automation to streamline payroll and benefits administration.
• Ensure compliance with all local regulations governing compensation and benefits; prepare reports and documentation for audits as required.
• Perform additional tasks as assigned by the management. These tasks may not be explicitly stated in this job description but are essential to the overall success of the department and company
• Responsible for managing and monitoring team’s performance, setting clear targets and implementing professional development initiatives to ensure continuous growth and success within the team

Requirements

• Bachelor’s or Master’s Degree in Human Resources, Business Administration, Finance, or related field. (e.g., Certified Compensation Professional).
• 10-15 Years of experience in compensation and benefits administration, preferably in a managerial role.
• In-depth knowledge of compensation structures, benefits programs, and relevant laws and regulations.

FOR MORE INFORMATIONCONTACT Vijay Wadwani

Expected salary:

Location: Dubai

Job date: Wed, 15 Jan 2025 08:58:25 GMT

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