Manager, Compensation & Benedits Total Rewards

Fuku; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Job summary

Fuku by Momofuku in Malaysia is seeking an analytical and business‑oriented Compensation & Benefits Manager to drive total rewards strategies across our Global Shared Service Centre. You will oversee salary structures, benchmarking, benefits, and pay equity while aligning with group guidelines.

In this role, you will lead annual cost budgeting, forecasting, and governance, partner with Finance and senior leaders, and deliver HR analytics to support strategic workforce decisions and cost

Qualifications

• Bachelor's degree in HR, Finance, or related discipline.
• 7–10 years in HR, with Compensation & Benefits focus.
• Experience in cost budgeting, forecasting and modelling.
• Strong Excel and analytical capabilities.
• Experience in multinational or Global Shared Service Centre is a plus.
• Familiarity with Workday, Power BI or other HR analytics tools preferred.

Responsibilities

• Develop and manage salary structures, benchmarking, employee benefits, rewards policies and pay equity reviews.
• Lead end-to-end annual personnel cost budgeting, forecasting and monitoring.
• Partner with Finance on headcount planning, cost projections and budget variance analysis.
• Manage annual salary increments, bonus and compensation review exercises with financial modelling.
• Provide strategic advisory on promotions, retention and compensation policies.
• Drive HR analytics, reporting and process improvements to boost efficiency.

Skills

Analytical thinking

Financial acumen

Advanced Excel

Stakeholder collaboration

Education

Bachelor's degree in HR or related

Tools

Workday

Power BI

Job description

We are looking for an analytical and business-oriented Compensation & Benefits Manager to drive total rewards strategies, human capital cost budgeting and compensation governance across our Global Shared Service Centre.

This role plays a key part in ensuring market-competitive rewards, effective workforce cost management and sustainable people practices to support business growth.

Key Responsibilities

• Compensation & Benefits: Develop and manage salary structures, market benchmarking, employee benefits, rewards policies and pay equity reviews.
• Human Capital Cost Budgeting: Lead end-to-end annual personnel cost budgeting, forecasting and monitoring, covering salaries, bonuses, benefits, statutory contributions and other employment-related costs.
• Workforce Planning & Cost Optimisation: Partner with Finance and business leaders on headcount planning, manpower cost projections, budget variance analysis and cost optimisation initiatives.
• Annual Rewards Review: Manage annual salary increment, bonus and compensation review exercises, including financial modelling and management recommendations.
• Rewards Advisory & Governance: Provide strategic advice on salary adjustments, promotions, retention proposals and compensation policies while ensuring compliance with Group guidelines.
• HR Analytics & Transformation: Drive C&B reporting, data analytics, process improvements and automation to enhance operational efficiency and decision-making.

What We're Looking For

• Bachelor's degree in Human Resources, Finance, Business Administration or a related discipline.
• Minimum 7-10 years of relevant HR experience, with strong specialisation in Compensation & Benefits or Total Rewards.
• Proven experience in human capital cost budgeting, workforce cost forecasting and compensation modelling.
• Strong financial acumen, analytical capabilities and advanced Excel proficiency.
• Experience in salary benchmarking, compensation structures, annual rewards cycles and benefits management.
• Ability to partner effectively with Finance, HR and senior business stakeholders.
• Experience in a multinational organisation or Global Shared Service Centre is an advantage.
• Familiarity with Workday, Power BI or other HR analytics tools is preferred.

Why Join Us?

Be part of a dynamic Global Shared Service Centre where you will have the opportunity to shape total rewards practices, influence workforce cost strategies and drive HR transformation across diverse business functions.