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Total Rewards Strategist
3 weeks ago
As a seasoned compensation professional, you will play a pivotal role in shaping the organization's Total Rewards strategy. Your expertise will be instrumental in advising and delivering practical solutions to the business on compensation, mobility, and benefits practices.
Collaborate with senior leaders and cross-functional teams to align reward strategies with business objectives while ensuring adherence to legal and regulatory requirements related to compensation processes and records.
Conduct benchmarking studies and research industry best practices to support the development and enhancement of compensation and benefits strategies.
Drive effective communication and engagement strategies on rewards programs and initiatives.
Develop and refine the compensation planning worksheets and excel-based simulations to support incentive plan designs.
Stay updated on emerging trends and developments in Total Rewards (including Mobility) and provide strategic recommendations based on market insights.
Build and maintain strong relationships with external vendors, consultants, and industry networks to leverage expertise and stay informed about emerging practices.
Own the incentives reconciliation and financial reporting processes to analyze the financial impact of reward programs and provide recommendations for optimization.
Work on audit requirements relating to compensation processes and records, ensuring accuracy and compliance.
Lead the development and implementation of any rewards projects, structures, and processes.
Requirements- Minimally 12 years of relevant work experience in compensation
- Accounting/Finance/Economics/Statistics or related degree will be an advantage
- Excellent proficiency in Microsoft Excel and Powerpoint. Programming/computing knowledge is an advantage
- Strong communication and interpersonal skills are essential
- Ability to work collaboratively and pivot in a constantly evolving environment
- Self-starter who enjoys working in a fast-paced environment, strong attention to details and high degree of accuracy for both numerical and written work are critical success factors
Knowledge of financial services industry will be an advantage.