Senior Executive, Compensation & Benefits

Job Summary

You will play a pivotal role in ensuring the accuracy, compliance, and efficiency of the organisation's financial and human resources process. This involves handling end-to-end payroll cycle, managing tax compliance, administering competitive compensation and benefits programs, and spearheading ad-hoc projects for process enhancement.

Job Responsibilities

• Manage and administer employee compensation and benefits programs, ensuring they remain competitive through regular benchmarking and analysis.
• Support job grading structure review, job mapping exercises, and prepare for the annual review exercise, including bonuses and salary reviews.
• Verify employee purchase deduction eligibility and administer the employee benefit entitlement system, including leave records and inquiries.
• Manage end-to-end payroll processing, ensuring accuracy, compliance with regulations, and timely processing of salaries and benefits.
• Address payroll discrepancies, resolve employee payroll-related queries, and ensure compliance with employment laws, statutory regulations, and internal policies.
• Identify and mitigate risks in payroll, tax, and benefits processes, staying updated on changes in tax and statutory regulations, and implementing necessary adjustments.
• Handle all statutory contributions and reporting, ensuring compliance with deadlines, including timely submissions to the Inland Revenue Board of Malaysia (IRBM) and other statutory bodies.
• Conduct periodic audits of payroll and benefits data, generate and analyze reports, and provide insights to management based on payroll and compensation data.
• Lead and participate in ad-hoc projects related to payroll, tax, and compensation improvements, and collaborate with cross-functional teams to implement new payroll and HRIS systems.
• Identify opportunities for automation and technology enhancements to streamline processes.
• Manage expatriate administration, including headcount projections and Employment Pass applications.
• Communicate changes in payroll, tax, and benefits policies to employees, and provide guidance on related inquiries.

Job Requirements:

• At least a Bachelor’s Degree in Human Resources, Business Administration or related disciplines;
• Minimum 3-5 years of HR experience with solid C&B skills gained in sizable organisations;
• In-depth knowledge of employment law, tax regulations, and compliance requirements;
• Hands-on experience with HRMS or payroll software is a must;
• Proficiency in Microsoft Office applications, especially advanced in Microsoft Excel skills;
• Attention to detail and accuracy;
• Strong analytical and problem-solving skills;
• Excellent communication and interpersonal skills.