Compensation and Benefit Lead

2 days ago

Riyadh, Ar Riyāḑ, Saudi Arabia Mirai, a Scopely company Full time 120,000 - 180,000 per year

Reporting to : Sr.HR Manager

Location: On site , Riyadh , KAFD

Company: Mirai a scopely company

Employment Type: Full-time

We're seeking a talented and motivated compensation and Benefit Lead to join our team in Riyadh.

To lead Compensation Benefit and payroll functions in compliance with the Kingdom of Saudi Arabia's labor regulations. This includes accurate monthly payroll execution, GOSI contributions, annual ticket deductions, performance-based bonuses, salary increases, and accurate calculation of end-of-service benefits (EOSB) as per Saudi Labor Law and company policies

Key Responsibilities

    • Ensure accurate and timely processing of monthly payroll for all employees, including salaries, allowances, overtime, deductions, and any applicable adjustments
    • Maintain full compliance with Saudi Labor Law and General Organization for Social Insurance (GOSI) regulations
    • Calculate and process monthly GOSI deductions for Saudi and non-Saudi employees as per current rates and guidelines
    • Keep monthly track of all employees benefits distribution - such as air ticket, gym, education and other allowances based on employment contract and internal company policy
    • Manage and implement performance-based salary increases and semi-annual bonuses using employee scope and KPIs (e.g., Scopely framework)
    • Calculate End-of-Service Benefits (EOSB) accurately in accordance with Article 84 of Saudi Labor Law
    • Prepare payroll reports, reconciliation statements, and data summaries for finance and audit purposes
    • Ensure payroll records, employee files, and related documentation are maintained securely and compliantly
    • Collaborate with HR and Finance teams to ensure all compensation elements are reflected correctly in HRIS or ERP systems
    • Keep up-to-date with changes in Saudi labor and GOSI regulations and ensure timely policy updates
    • Support audits and provide necessary documentation to external and internal auditors
    • Recommend and implement continuous improvements in payroll and compensation procedures
    • Ensure information is up to date across all relevant government websites on behalf of the company and stay updated on all government support programs the company can enroll in
  • -Prepare the monthly provision for all employees' additional benefits based on their company contract, such as annual bonuses or performance incentives

Requirements

    • Bachelor's degree in HR, accounting, Finance, Business Administration, or related field
    • Minimum of 5 years of experience in payroll and compensation, preferably within the KSA market
    • In-depth understanding of Saudi Labor Law, GOSI, Wage Protection System (WPS), and EOSB calculations
    • Hands-on experience with HR/payroll systems (e.g., Mudad, SAP, Oracle, Odoo, etc.)
    • Advanced proficiency in Microsoft Excel
    • Strong analytical skills and attention to detail
    • High level of discretion and integrity in handling confidential data
    • Fluent in Arabic and English (written and spoken)

Benefits

  • Vip Medical Insurance
  • GYM Allowances.

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