Compensation & Benefits Specialist at Egbin Power Plc

Egbin Power Plc, Lagos is one of the biggest additions to the electricity industry in Nigeria. Often seen as the biggest single-generating power station in Sub-Saharan Africa, it was built to meet the ever-rising demand for electricity in Lagos and its environs.

Following the nation’s privatization exercise, Sahara, through its power division, Sahara Power Group and sundry affiliations, acquired the 1320 MW installed capacity Egbin Power Plant. We are working towards deploying a minimum of 5,000 MW of electricity generation over the next five years.

We are recruiting to fill the position below:

Job Title: Compensation & Benefits Specialist

Job Identification No.: 273
Location: Ikorodu, Lagos
Job type: Full time
Job Category: Non-Technical

Job Summary

• To ensure efficient administration and implementation of the payroll and compensation-related activities organization-wide.

Key Duties and Responsibilities

• Ensure the regular update and integrity of staff compensation details on the payroll system.
• Coordinate the accurate and timely processing of staff salaries and benefits organization-wide.
• Oversee the timely preparation and dispatch of monthly pay slips to all staff organization-wide.
• Assist in the administration and implementation of employee compensation and benefit plans.
• Assist in tracking and reporting all payroll-related issues and complaints from staff.
• Prepare and ensure timely processing and remittance of all payroll-related deductions e.g., PAYE, pension contributions, etc.
• Coordinate handling payroll-related queries/disputes e.g., PAYE audit, pension audit, etc.
• Ensure proper maintenance and administration of the payroll system.
• Coordinate the processing of staff Tax Clearance Certificates (TCC).
• Recommend and participate in the development or revision of Compensation Management policies.
• Assist in keeping track of global and local best practices as they relate to compensation management and notify the Senior Compensation Officer accordingly.
• Participate in team meetings and activities as required.
• Perform other tasks as assigned by the Head, of Human Resources.
• Implement data protection policies and practices of Egbin Power Plc.
• Ensure compliance with the NDPR and other data protection laws, and data protection policies.
• Undertake Data Protection Impact Assessment as applicable to curb the risk during data processing operations.
• Ensure awareness, understanding, and application of QHSE policy and departmental objectives.
• Understand and identify hazards, risks, environmental aspects, and impacts as they relate to their jobs.
• Ensure awareness of the Integrated Management System (ISO 9001:2015, 14001:2015 & 45001:2018) and the implications of not conforming with the requirements.

Educational Qualifications and Work Experience

• Bachelor's Degree or its equivalent in Humanities, Social Science, or a relevant discipline.
• Professional qualification in HR Management e.g., Senior Professional in Human Resources International (SPHRI), Chartered Institute of Personnel Management (CIPM) will be an added advantage.
• Minimum of five (5) years of relevant experience.

Skills and Competencies:

• Good knowledge of the power sector in terms of trends, challenges, opportunities, regulations, legislation, etc.
• Excellent numerical skills.
• In-depth knowledge of salary structure and development, typical benefits and compensation, and other related activities.
• Up-to-date knowledge of market/industry information on compensation and benefits.
• Sound understanding of payroll management systems and ability to perform complex troubleshooting operations.
• Strong leadership, relationship management, and interpersonal skills.
• Very good communication, business writing, and presentation skills.
• Excellent negotiation skills and influencing skills.
• High ethical standards and integrity.

Application Closing Date
16th August, 2024; 16:00.