Compensation & Benefits Officer

Location: Abuja (FCT) / Jos - Plateau
Employment Type: Full-time

Job Summary

• This role is expected to provide high-quality Compensation and Benefit services to Integrated Dairies Limited (IDL).
• The role requires collaboration with various departments to ensure employee satisfaction and organizational compliance with compensation and benefits standards.
• The Compensation and Benefit Officer will be responsible for managing employee compensation, administering benefits programs, and ensuring adherence to company policies and compliance regulations.

Job Responsibilities

• Evaluate job positions to determine appropriate compensation levels and pay grades.
• Conduct salary surveys and benchmarking to ensure company pay structures are competitive with the industry. Perform pay equity analysis to ensure fairness across the organization.
• Develop and manage employee recognition and reward initiatives to boost morale.
• Maintain accurate payroll records, including new hire information, terminations, salary adjustments, and tax documents, often required for audit and validation.
• Administer variable pay, commissions, and performance bonuses based on company policy and performance evaluations.
• Ensure compliance with all labor laws, minimum wage regulations, and statutory filing requirements; remittance of PAYE (Personal Income Tax), payment of mandatory pension contribution, provide staff payslips etc.
• Manage the complete payroll cycle—from gathering attendance, overtime, and leave data to disbursing net pay via electronic systems.
• Act as the liaison with insurance providers, and service providers to manage employee benefit cost and resolve issues.
• Update records and validation salaries, bonuses, leave allowance and deductions with high precision to avoid payment discrepancies, errors or omissions.
• Manage the administration of non-cash compensation benefits; leave, meals, HMO, ITF, Group life Insurance etc.
• Coordinate enrollment and administration for employee benefits, including HMOs, health insurance, life insurance, and retirement plans.
• Generate monthly reports on compensation metrics, labor cost allocation, and trends for management review.

Education and Experience

• 3-5 years of experience in a similar role is required especially in an FMCG sector.
• CIPM or SHRM-CP is an added advantage.
• A Bachelor's Degree in Human Resources, Business Administration, or a related field.

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.

Job Competencies and skills:

• Time Management Skills: Timely and consistently meeting strict deadlines without compromising accuracy.
• Attention to Details: Meticulous approach to data entry and financial calculation.
• Confidentiality: Maintaining the highest level of trust regarding payroll information.
• Communication Skills: Effective Communication skills for interaction with employees and stakeholders across teams.
• Technological Proficiency: Experience with modern payroll software, HRIS, google sheet, and MS Excel.
• Analytical Skills: Excellent Analytical Skills for data assessment and decision-making
• Compensation & Benefit Knowledge: A strong knowledge and experience in compensation management, performance & recognition rewards, and benefits administration.