Compensation & Benefit Analyst - SAP HR - FMCG

About the Organization :

Founded in 1980, it has been developed to one of the largest food manufacturing companies in Saudi Arabia and the Middle East. Having strong presence across different food categories as frozen pastry & vegetables, frozen processed meat, premium cheese & natural honey.

Present in 35 countries with an ambitious plan to grow rapidly as global brands.

Location - Jeddah, Saudi Arabia

Job Description -

- Assists in the development of compensation philosophy, policies & procedures.

- Ensures compensation & benefits are in-line with the existing market and consistent with guidelines and government regulations.

- Designing & evaluating Bonus Schemes, variable pay components, Sales Compensation.

- Conduct analysis on internal & external compensation statistics, recommend, develop and implement appropriate employee compensation structure.

- Review, Recommend, Develop Salary Scales for different functions in line with Market practices.

- Evaluate existing & recommended compensation & benefits structure.

- Participates in reviews to monitor and maintain market positioning, and in market surveys.

- Assist in job evaluations and create/develop/ configure pay grades/structures.

- Merit Increments cycle/structure design & implementation

- Responsible for managing Merit increase cycle & promotion cycles.

- Develop, owns and maintains the compensation & benefits management system.

- Internal advisor on all projects/initiatives within compensation & benefits scope.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

- Bachelor/Master degree in Statistics, Mathematics, MIS, Economics, Master degree will be Big Plus

Minimum Experience:

Min 3 years experience preferably in FMCG

Job-Specific Skills:

- Advanced Microsoft Excel skills

- High level of IT literacy and use of Microsoft office packages would be an advantage

- A proficiency in/experience using HR Information Systems (SAP) would be an advantage

Isha Singh
Consultant HR Hiring
Datawise Consultants