Manager, Compensation

7 months ago


Jeddah, Saudi Arabia Islamic Development Bank Full time

JOB PURPOSE

This role is responsible for providing operational support and implementation to the ITFC Compensation & Benefits processes and Capacity Enhancement by overseeing staff benefits, allowances & and payroll according to ITFC policies and procedures. Additionally, providing support with Capacity Enhancement activities. This also includes delivering of a high standard of internal people experience to all employee inquiries in a timely and professional manner.

KEY RESPONSIBILITIES
**Core Responsibilities**

**Compensation & Benefits**
- Executing payroll administration and maintenance of employee records with salary details for ITFC employees.
- Managing employee benefits as per ITFC policies and guidelines and ensure that employee records are updated in the HRIS to reflect attendance, provision of employee loans (if any) etc. in a timely and efficient manner.
- Liaising with external auditors to ensure a smooth auditing process by the timely provision of all required information.
- Create, maintain, and update SAP system with all staff records and organization structures.
- Creating staff budget planning and monitoring adjustments of all required information and reports.
- Responding to inquiries regarding payroll and benefits and policies and procedures from employees across ITFC to deliver a high standard of internal customer service.
- Preparing annual increments and incentive calculation sheets during the annual appraisal process.

**Analytics, reporting and automation**
- Providing and initiating HR dashboards/analytics in addition to periodic reports and information about employee payroll, benefits, and other information to senior management, as required.
- Leverage automation to streamline HR processes, enhance efficiency, and free up HR professionals to focus on more strategic initiatives.
- Conduct data-driven analysis to identify trends, patterns, and anomalies in HR data, and use this information to develop and implement effective HR solutions.
- Stay up-to-date on emerging HR reporting, analytics, and automation trends, and implement these technologies to improve the HR function continuously.

**Capacity Enhancement**
- Assisting with the talent acquisition process, which includes recruitment, interviewing, scheduling and the hiring of qualified job applicants.
- Guiding new employees on ITFC policies and procedures and responding to queries, if any.
- Coordinating with new joiners for onboarding programs and ensuring a smooth operation of the end-to-end orientation process.

QUALIFICATIONS AND COMPETENCIES
- Bachelors Degree
- HR Certification is required

Language Skills
- English is compulsory
- Arabic or French are preferable



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