Compensation and Benefits Manager at Watu Credit Limited

Our business is growing rapidly with more than 150,000 customers in Kenya. In this context, we are seeking to onboard a Compensation and Benefits Manager who will deliver on the compensation and benefits structure that best fit business needs.

Key Responsibilities:

• Formulate remuneration & benefits strategy, policies, and guidelines to attract, motivate and retain key talent.
• Lead the benchmarking and market data analysis participating in surveys and conduct best practice research regarding remuneration & benefits to analyse market trends and the appropriate company response to them.
• Manage and lead administration of overall company benefits including medical cover and formulation of related SLA’s. 
• Partner with regional HRBPs and various stakeholders in determining the appropriate allocation for bonuses, performance increments including overseeing the documentation of such processes.
• Provide a comprehensive support and consulting function to HRBP’s and line management for all aspects of the total rewards model, job evaluation, market alignment, expatriation, recognition, wellness, and benefits.
• In collaboration with HR team, lead benefits planning and provide guidance on reward and recognition programs across the business. Guide on the implementation of fixed and variable compensation for staff in line with the job grade structure.
• Perform payroll functions including the processing of payroll and generating the payment template monthly and sharing the reports with the Country Manager for approval.
• Implement the business total rewards policy in compliance with relevant regulatory guidelines. Keep abreast of regulatory changes affecting compensation and benefits to steer the business to compliance.

Knowledge, Skills, and Experience required:

• Bachelor’s degree in Human Resource Management or a business-related field
• 5-7 years’ experience in generalist HR with at least 4 years in compensation and benefits administration.
• Experience in the financial services sector is preferred.
• Experience in a fast paced and matrixed organization will be an added advantage.