Compensation & Benefits Executive

2 weeks ago

Singapore Vopak Full time
Singapore
Human Resources
40 hours

Description of

this vacancy:


Start your career as a
Compensation & Benefits Executive at Vopak and execute and process HR activities such as timely leave and benefits admin, labour market survey completion/submission, accurate and timely payroll, leave and benefits admin, budgeting, global mobility processes, data management, HRIS and employee data management, governance and compliance with local legislations.

We offer you a working environment that is safe and pleasant and where equality, diversity and satisfaction are of paramount importance.

Ready to develop yourself and make a positive impact? Improve the world and start as Compensation & Benefits Executive at Vopak.


What will you do as a Compensation & Benefits Executive?


As a Compensation & Benefits Executive, you will be responsible for HR Operations administration including payroll, compensation and benefits, HRIS data management, global mobility, budgeting and ensuring all these activities are in compliance with company's policies, data protection and local legislations.

You will also be required to support the design, development, communication, and implementation of C&B initiatives, salary, bonus and benefits programs.


What do we offer you?

  • A marketbased salary depending on your experience and knowledge and attractive bonuses
  • Various growth opportunities

What do we expect from you as a Compensation & Benefits Executive?

  • Degree/Diploma holder or the equivalent
  • Payroll and C&B experience
  • Worked in a HR Shared Services and or C&B environment
  • Detailed oriented and meticulous
  • Ability to spot deviations
  • Knowledge of local legislation & tax rules
  • Process professional experience
  • Customer oriented
  • Team work
  • Ability to plan and organise
  • Strong excel skills
  • Strong and proven analytical skills
  • Excellent communication and negotiation skills

Your core responsibilities are:

  • Work with outsourcing vendors to prepare and support endtoend payroll processing, perform verification to ensure prompt and accurate payroll & benefits processing. It includes but not limited to monthly payroll, statutory reporting, ad hoc and yearend filing individual income tax return
  • Ensure compliance with local tax rules and local legislations for payroll, benefits, leave and insurance administration
  • Manage and administer HR files archiving and updates
  • Responsible for payroll reconciliation and cost charging in partnership with Finance and payroll outsourcing vendor
  • Support HR team and employee queries and communicate important payroll and benefits notifications, reminders, and changes to employees
  • Responsible for the budgeting cycle and process, working alongside with Finance
  • Work with professional service partner, responsible for global mobility process and its related activities, including tax reporting, cost charging and expenses tracking
  • Manage employee data and ensure data integrity and governance. Review documents and perform employee data entry in MyPulse, with accuracy
  • Prepare and perform paperwork pertaining to employees' onboarding / exit clearance
  • Review and make recommendations to improve on HR operational/transactional activities to achieve efficiency and improve employee experience
  • Work closely with other HR members and provide excellent support to HR teams and employees at all leaves
  • Support learning related activities including course registration, sponsorship administration and invoicing
  • Process timely and accurate claims relating to insurance and benefits
  • Maintain accurate records of claims and ensure compliance with local policy and legislation
  • Prepare reports and provide claims experience statistics as needed
  • Prepare HR reports on payroll, benefits and any statutory reporting requirements
  • Support and submit data for the surveys e.g. labour market survey
  • Maintain payroll records for submission to government bodies and statutory boards
  • Prepare monthly HR reports for management
  • Work closely with the Finance department on payroll interface and reporting.
  • Prepare report and payroll data for auditors
  • Prepare payroll data for auditors for remuneration reporting
  • Prepare and support any request on payroll, benefits data/information request
  • Work closely with Finance on the budget cycle and process
  • Implement local C&B processes, policies, programs through collaboration with HR Center of Excellence
  • Accountable for the operational management, implementation and continued operation of Compensation programs & projects
  • Responsible for the updates and communication of C&B policies
  • Provide reports, payroll data, payroll calculation and tax reporting to support the development and implementation of C&B initiatives
  • Highlight and report any observed gaps, inaccuracies or potential noncompliance for C&B processes, practices and initiatives
  • Initiate, drive, communicate and manage the local yearend increment & bonus sche

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