Compensation & Benefits Manager

1 week ago

Singapore Crocs Full time

JOB SUMMARY


The Compensation & Benefits Manager will be responsible for the payroll administrations of countries in Asia in cooperation with external payroll providers.

This individual will manage the payroll department and set priorities, as well as identify and execute process improvements.

Payroll

  • Manage the payroll automation project as APAC lead.
  • Manage monthly payroll processing/reporting, including the preparation of various payroll and management reports, journal entries, workers compensation and reconcile payroll taxes.
  • Prepare journal entries accruals for annual leave, AWS, CPF and other provident funds in the region.
  • Responsible for the accurate preparation and disbursement of payroll for fulltime and parttime Retail and Office employees.
  • Partner with Finance team and external vendors on Payroll and being escalation on point for any payroll related queries from our employees.
  • Drive yearend employee tax filings processes across the countries.
  • Oversee administration of employee exits related to payroll/tax (i.e. R21 in Singapore).
  • Manage external payroll partner in Asia countries (i.e. Singapore, Australia, Japan, Korea, India, etc.).
  • Ensure timely and accurate processing of payroll in each location by managing timelines, review of payroll data, and managing the stakeholders that contribute to the process payroll.
  • Approve related payroll tax payments and local filings ensuring deadlines are met.
  • Provide formal and adhoc analysis of payroll, benefits, and headcount.
  • Manage yearend statutory compliance and internal and external audit requests related to payroll and equity.
  • Manage and drive ongoing projects and process improvement initiatives that present within the payroll function.
  • Continuously identify and develop solutions for process efficiency and improved productivity.
  • Partner closely with the finance/accounting/treasury team on all payroll related issues, as well as to ensure any ad hoc payments related to payroll or funding to payroll partners are completed timely and accurately.
  • Provide payroll and finance support with excellent customer service to both internal and external customers, ensuring payroll functions are performed accurately and in line with organization policies and in compliance with applicable laws and regulations.

Total Rewards

  • Review, update and develop policies around total rewards system for the region.
  • Participate in benefits and salary surveys/ market research to ensure the company's pay structure and benefits schemes are internally aligned, market competitive and comply to local labour legislation.
  • Responsible for budgeting, annual salary review and bonus review processes for the region.
  • Support role in C&B, performance management and employee relations matters in Asia.
  • Support & roll out global & regional total rewards initiatives, and understand the regions to adopt the necessary localization to support the business needs.
  • Communicate strategies effectively to internal stakeholders & employees in the region to ensure that they are well educated on the benefits of new strategies/changes, including drafting of communication materials or facilitating workshops.
  • Review compensation & benefits scheme to ensure market competitiveness.
  • Facilitate data collection process and recommend changes, including development of policies and procedures to support the changes.
  • Drive and execute annual compensation audits, merit reviews, and performance bonus exercises.
  • Provide advice to Business Leaders and employees on compensationrelated policies and practices.
  • Liaise with vendors on benefits administration, renewals, implementation and improvement.
  • Execute daily C&B related operational tasks such as salary proposals & handling employee queries.
  • Work closely with Global TR in reviewing and maintaining salary structure.
  • Design and administrate employee recognition awards.

JOB REQUIREMENTS

  • Degree or Diploma in Accounting, Finance or Business and/or equivalent combination of education and experience. Accounting knowledge or experience a big plus.
  • Minimum of 6+ years operational and payroll experience, preferably in the retail sector where parttime employees' payroll processing is involved.
  • Knowledge of local payroll, equity and mobility tax rules and an ability to communicate that knowledge to employees/transferees in a relatable manner.
  • Highly analytical with working knowledge of general payroll protocols and accounting principles.
  • Strong analytical skills with ability to research complex pay or tax related to resolution.
  • Advanced skills and demonstrated expertise supporting best practice global payroll processes, systems, policies and key internal controls.
  • Able to maintain confidentiality and discretion.
  • Curious individual with a strong willingness to learn.
  • Strong proficiency of Microsoft Office especially PowerPoint & Excel.
  • A strategic mindset with good foresight vision; able to man

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