Compensation & Benefits Manager at Sahara Group

Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Spanning three decades, we have broken ground and challenged stereotypes across the global business landscape. The women and men who make up our organization are our strongest levers for growth.

We are recruiting to fill the position below:

Job Title: Compensation & Benefits Manager

Job ID: 334
Location: Victoria Island, Lagos
Employment Type: Full Time

Accountabilities

• Ensure compensation and benefits standards comply with company policies and/or other regulations or legislation.
• Analyse, review, recommend, and obtain approval for changes to compensation and benefits at all levels.
• Assist in development of policies and procedures (In Nigeria and other locations) to support the compensation and benefits function.
• Ensuring compensation and benefits plans are cost-effective and competitive.
• Monitor reviews of compensation and benefits packages to maintain market positioning.
• Participate in due diligence during consolidations, mergers and acquisitions.
• Coordinate communication of compensation and benefits information to employees and other HR groups.
• Help prepare Government filings, plan audits, or other tax-reporting requirements.
• Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses.
• Designing reports and recommendations based on research and analysis for senior executive team.
• Set the organization’s pay and benefits structure; assist in design of Group Compensation Philosophy.
• Drive participation in market and salary surveys.
• Ensure employee queries on compensation and benefit matters are resolved satisfactorily.
• Coordinate and supervise the work activities of specialists and support staff.
• Choose and manage outside partners, such as benefits vendors, insurance brokers, and investment managers.
• Oversee the distribution of pay and benefits information to the organization’s employees.
• Ensure that pay and benefits plans comply with federal and state regulations.

Requirements

• BA degree in Business Administration or a related field. 
• 8-10 years of cognate experience in a Compensation & Benefits specialist role. 
• Excellent knowledge/proficiency of MS Office (Excel) and HRIS database management. 
• HR Professional Qualification is a must.
• ICAN or ACCA Professional Qualification will be an added advantage.
• Excellent grasp and understanding of HR indices and their impact on the Business.
• Strong analytical skills
• Excellent understanding of trends, challenges, regulations and legislations relating to our core businesses and locations.
• Good understanding of employee/industrial relations, as well as an appreciation of dynamics of the Labor and employment legislations in countries where the Group has presence.
• Strong project management skills
• Excellent financial management and budgeting skills
• Deep experience in structuring compensation and benefits packages, and measuring their success/impact.

Application Closing Date
30th March, 2025; 10:59 PM.