Compensation & Benefits Specialist

hitachi; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

Hitachi Asia Ltd. is seeking a senior HR professional to drive compensation, benefits, and payroll for a large workforce in Singapore.

The role covers end-to-end salary reviews, bonus cycles, and remuneration benchmarking, while coordinating with Finance and HR leadership to ensure competitive offers and proper budgeting. You will oversee annual benefits renewals, payroll for about 700 employees, and statutory reporting.

Qualifications

• HR background with strong analytical skills
• Experience in compensation and benefits planning
• Experience with payroll and budgeting processes

Responsibilities

• End-to-end salary reviews and bonus exercises
• Develop remuneration benchmarks and salary review data
• Lead and guide annual total rewards cycle (TRS)
• Oversee group insurance, benefits administration and leave policies
• Oversee payroll processing for ~700 staff and ensure accurate payroll reporting and statutory compliance
• Assist budgeting for personnel and provide budget simulations

Job description

Location:

Singapore, Singapore

Job ID:

R0007726

Date Posted:

2022-03-10-08:00

Company Name:

Hitachi Asia Ltd.

Profession (Job Category):

Human Resources

Job Schedule:

Full time

Remote:

No

Job Description:

Compensation

• Responsible for end-to-end salary review & bonus exercises

• Evaluation
• Determine payment matrixes
• Business partner to Business Heads towards review and completion of exercises

• Remuneration Benchmarking

• Provide benchmarking data to support salary review
• Lead & provide guidance towards completion of annual TRS
• Ensure competitive remuneration offers for talent acquisition

• Subject matter expert towards transiting compensation administration to GBS

Benefits Administration

• Responsible for annual renewal of group insurance schemes - negotiation, overseeing data submission & communication
• Administer all benefits schemes such as flexible benefits and leave

Payroll

• Oversees payroll processing for an approximately 700 headcounts
• Ensuring timely and accurate processing of payroll transactions including salaries, benefits, taxes, and other deductions.
• Responsible for accurate payroll reporting, bonus provisions & all required statutory reporting and audit of payroll function
• Subject matter expert towards transiting transactional payroll processes to GBS

Budgeting

• Responsible for annual personnel budgeting exercise
• Support business unit on ad-hoc budget simulation
• Ensure accurate salary and bonus provisions by working closely with Finance Group