Compensation and Benefits Manager

2 weeks ago

Quezon City, Philippines WalterMart Shopping Center Full time

On-site - Quezon City | 3-5 Yrs Exp | Bachelor | Full-time Job Description Payroll Processing Process payroll for all employees, ensuring accuracy and compliance with Philippine labor laws and company policies. Manage payroll computations, including overtime, holiday pay, allowances, and deductions. Ensure timely distribution of payslips and resolution of payroll-related queries. Final Pay and Clearance Compute final pay for separating employees, including pro-rated salaries, unused leave balances, and statutory deductions. Collaborate with HR and Finance for seamless clearance processes. Statutory Compliance Process and remit government-mandated contributions (SSS, PhilHealth, Pag-IBIG) and taxes on time. Prepare and file government reports such as BIR 2316, Alphalists, and quarterly tax returns. Stay updated on changes in labor laws and statutory requirements to ensure compliance. Compensation & Benefits Administration Oversee the enrollment, updating, and termination of employee benefits such as HMO, group insurance, and other perks. Address employee inquiries related to benefits and resolve issues promptly. Conduct regular reviews of compensation structures to align with market standards. Advanced Data Analysis and Reporting Use advanced Excel techniques to analyze payroll trends and generate management reports. Maintain and update dashboards for payroll and benefits utilization metrics. Design, implement, and manage compensation and benefits programs aligned with internal equity and external competitiveness. Policy Development and System Optimization Develop and refine payroll and benefits policies, ensuring they are fair, transparent, and compliant. Maximize HRIS functionality to streamline payroll processes. Audit and Documentation Maintain accurate and up-to-date payroll records, ensuring readiness for audits. Conduct internal audits to identify discrepancies and implement corrective measures. Qualifications Bachelor’s degree in Human Resources, Business Administration, or a related field. At least 5 years of experience in compensation and benefits management, including 2 years in a managerial role. Expertise in developing compensation strategies, salary administration, and managing employee benefits programs. Solid knowledge of local labor laws, tax implications, and regulatory compliance for compensation and benefits. Strong data analysis and reporting skills to track compensation programs and suggest improvements. Excellent communication and interpersonal skills with the ability to collaborate with senior management and HR teams. Exceptional attention to detail and accuracy in data handling. #J-18808-Ljbffr

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