Compensation & Rewards Specialist at Ikeja Electricity Distribution Company (IKEDC)

Ikeja Electricity Distribution Company (IKEDC) - Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, Ikeja Electricity Distribution Plc (Ikeja Electric), Nigeria's largest power distribution network powers lives and businesses with innovation and unwavering drive for excellence. The company began its new phase of growth and expansion on November 1st, 2013 following the handover of the defunct Power Holding Company of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

We are recruiting to fill the position below:

Job Title: Compensation & Rewards Specialist

Location: Lagos
Job Type: Full time
Reporting To: Total Rewards Lead

Role Purpose

• To provide support to the business in the field of compensation, benefits and payroll administration and also assist the Rewards Unit in various projects to deliver on business objectives.

Responsibilities

• Implement rewards strategies, including compensation, benefits, retirement, engagement and other work experience programmes that are cost effective and consistent with market trends and Company objectives
• Advise on state employment regulations which have an impact on benefits policies and suggest appropriate measures.
• Support in the preparation of budget and plan for all compensation related activities.
• Implement and manage salary classification and compensation programmes.
• Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals
• Develop a consistent compensation philosophy in line with work culture and organisational objectives
• Review all payroll related inputs into the payroll system and check for accuracy.
• Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
• Communicate all reward practices within the organization to employees.
• Prepare PAYE audit support data for external auditor’s use.
• Be responsible for timely incentive payments.
• Supporting several projects such as job evaluations and re-grading etc.
• Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
• Manage employee welfare schemes in order to encourage retention.
• Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
• Assist in Carry out any other duties as requested by the Head of Department.

Requirements
Minimum Qualifications:

• First degree in a Social Sciences course or any relevant field.
• Minimum 6 - 8 years field experience in Human Resources management.
• Professional qualifications in Human Resources will be an advantage.

Technical Competencies:

• Proficiency in Microsoft office suite (Word, Excel, PowerPoint, Access) Planning and Organizing skill Understand HR practices and compensation cycle management. Analytical skills. Ability to maintain confidentiality
• Proficiency in Microsoft office suite (Word, Excel, PowerPoint, Access)
• Planning and Organizing skill
• Understand HR practices and compensation cycle management.
• Analytical skills.
• Ability to maintain confidentiality.

Behavioral Competencies:

• Ability to work under pressure and multi task effectively
• Attention to Detail.
• Persuasive.
• Problem Sensitivity.
• Good Verbal communication & interpersonal Skills.

Application Closing Date
24th December, 2018.

How to Apply
Interested and qualified candidates should:
Click here to apply online