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Title:  Budget and Compensation Expert

Job ID:  73463
Country:  Philippines
City:  Taguig City
Professional area:  Human Resources
Contract type:  Permanent
Professional level:  Experienced
Location: 

Taguig City, 00, PH, 1630

 

We’re JTI, Japan Tobacco International, and we believe in freedom

 
We think that the possibilities are limitless when you’re free to choose. We’ve spent the last 20 years innovating and creating new and better products for our consumers to choose from. It’s how we’ve grown to be present in 130 countries, and how we’ve grown from 40 to 4,000+ employees in the Philippines since 2009.

 

But our business isn’t just business, our business is our people. Their talent. Their potential. We believe that when they’re free to be themselves, to grow, travel and develop, amazing things can happen for our business. That’s why our employees, from around the world, choose to be a part of JTI. It’s why 9 out of 10 would recommend us to a friend, and why we’ve been recognized as INVESTORS IN PEOPLE in the Philippines

 

It’s the perfect moment for you to #JoinTheIdea. We’re opening our Global Business Service center in the heart of BGC Manila and looking for more than 300 bright minds to join a global multinational with an exciting start-up vibe.

 

 

 

BUDGET AND COMPENSATION EXPERT

 

As the Budget and Compensation Expert, you areresponsible for understanding and administering the rewards and benefits of GBS Manila employees in a timely and quality manner according to the SLA standards. In collaboration with the GBS Rewards and the Global Rewards Team; the Compensation & Benefits Specialist looks to identify opportunities to standardize and improve the processes they are taking care of, with a customer service focus, maximizing efficiency without compromising quality. This person is also responsible for developing, recommending and analyzing the Salaries and Fringes, as well as in charge of analyzing and submitting on the budgetary accounting and financial reports such as accruals and headcount.

 

What will you do?

 

1) Ensure efficient delivery of Compensation and Benefits to all stakeholders in line with agreed Service Level Agreements.

  • Compensation administration
    •    Annual Salary Review: cycles setup and coordination
    •    Incentives administration (both Corporate and Local) in compensation platform, SAP HR      
    •    Employee Share Purchase Plan (ESPP) 
  • Benefits administration
    •    Enrolment into various corporate/local Benefit Plans 
    •    Act as liaison for GBS team, benefits providers and identified 3rd party providers 
  • Address employee Comp and Ben related queries (benefit plans eligibility and enrolment/changes/cancellations; producing compensation/insurance, etc.) 
  • Acting as internal Rewards advisor to employees.

2) Act as single point of contact for compensation and benefits data/info to all stakeholders 

  • Create queries and generate reports from SAP HR and other corporate and local systems for ad hoc requests from relevant stakeholders 
  • Responsible for submitting monthly Compensation and Benefits reports such as headcount and accruals.

3) Budget Management

  • Prepares budget reports and monitoring expenditure/Annual Plan/Latest Estimate (LE)/Out Look (OL)
  • Propose and submit to salaries and fringes / labor benefit costs for the annual budget and monitor the variances of actual expenditure on salaries and fringes versus the approved budget/plan
  • Respond to requests for trend, actual accrual compensation and benefits expenditure

4) IA/STA/Local plus

  • In charge of IA / STA expenses and reporting including coordination with host/home entity for service agreement and recharges requirements.

5) Ensures quality of compensation and benefits data available for the decision making process.

  • Perform the necessary data quality controls to ensure timely and quality data available (including in vendor systems).
  • Ensure all supporting documents related to the administration of compensation and benefits for JSOX Company Level Controls (CLC) are available and duly approved. 

 

Who are we looking for?

 

  • University degree (Finance, Human Resources or related business degree)                                            
  • 3 - 5 years relevant experience in employee compensation and benefits particular to budget management in a multinational company, preferrably with hands-on SAP HR experience.                                            
  • Fluent English and Tagalog                                            
  • Profound knowlege of compensation processes and benefits portfolio
  • Good understanding of compensation principles and local employee benefits plans is required
  • Lean 6-Sigma methodology knowledge is a plus
  • Strong customer service mindset
  • Undertanding cross-cultural sensitivity
  • Good interpersonal and communication skills
  • Excellent team player, open minded and flexible
  • Detail orientated, with high level of accuracy and confidentiality
  • Systematic and efficient time management, used to work for a deadline
  • Strong follow up skills
  • Proactive attitude                                         

 

What's in it for you?

  • Be covered with medical insurance upon hiring, with dependent coverage and medicine allowance
  • Receive cash allowances such as meal and transport allowance
  • Flexible working arrangements
  • Have access to over 200 company training
  • Be part of a truly international and diverse company with over 40,000 employees in 130 countries.
  • Experience the culture of an Investors in People certified company
  • Find out why 9 out of 10 employees recommend us to a friend.
  • Understand why 9 out of 10 employees say they feel free to be themselves.

What are the next steps – Recruitment process: 

Thank you for applying!

We will make sure to give you feedback 2 weeks after the application deadline. 

 


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