Compensation & Benefits Specialist

1 week ago


Singapore Hitachi Asia Ltd. Full time

**Description**

Compensation
- Responsible for end-to-end salary review & bonus exercises
- Evaluation
- Determine payment matrixes
- Business partner to Business Heads towards review and completion of exercises
- Remuneration Benchmarking
- Provide benchmarking data to support salary review
- Lead & provide guidance towards completion of annual TRS
- Ensure competitive remuneration offers for talent acquisition
- Subject matter expert towards transiting compensation administration to GBS

Benefits Administration
- Responsible for annual renewal of group insurance schemes - negotiation, overseeing data submission & communication
- Administer all benefits schemes such as flexible benefits and leave

Payroll
- Oversees payroll processing for an approximately 700 headcounts
- Ensuring timely and accurate processing of payroll transactions including salaries, benefits, taxes, and other deductions.
- Responsible for accurate payroll reporting, bonus provisions & all required statutory reporting and audit of payroll function
- Subject matter expert towards transiting transactional payroll processes to GBS

Budgeting
- Responsible for annual personnel budgeting exercise
- Support business unit on ad-hoc budget simulation
- Ensure accurate salary and bonus provisions by working closely with Finance Group



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