Remuneration and Benefits Manager at Central Energy Fund (CEF)

REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Matric and Bachelor’s degree in Human Resources, Finance or equivalent qualification.
• Minimum of 5 years’ experience in remuneration, benefits and payroll management, with 1 to 3 years in a senior management capacity.
• Experience in remuneration strategy, salary benchmarking and job evaluation
• Experience with managing payroll governance and benefits administration
• Experience in HRIS and payroll systems optimisation
• Certified Compensation Professional will serve as an added advantage.
• Honour’s degree (NQF 8) in Human Resources/Finance or equivalent qualification will serve as an added advantage.

DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Knowledge on Job evaluation methodology (Peromnes is preferred)
• Remuneration benchmarking (internal and external) and reward governance knowledge
• Executive and specialist renumeration principles
• Knowledge Employee Benefits structures, HR analytics and reporting
• Broad conditions of Employment Act, Income Tax Act, Pensions Funds Act
• Advanced SAGE 300 and excel skills (reporting)
• Advanced remuneration benchmarking and market analysis skills
• Advanced decision making, problem-solving and numerical reasoning skills
• Policy development and interpretation skills
• Financial and Numerical analysis skills
• Ability to manage budget, Salary modelling and forecasting
• Incentive, Short-term incentive design and reward strategy development
• Ability to work under pressure and to coordinate complex exercises
• Ability to manage team, people and workflow

KEY PERFORMANCE INDICATORS:

Remuneration and Reward Management

• Develop and implement remuneration strategies, frameworks and guidelines aligned to organisational objectives and market trends.
• Conduct salary benchmarking and market analysis.
• Manage annual salary review and incentive processes.
• Provide remuneration advisory services to management.
• Support job evaluation and grading processes by providing the value of a role
• Monitor remuneration trends and recommend improvements.

Benefits Management

• Manage employee benefit programmes including retirement funds, medical aid, risk benefits and wellness-related benefits.
• Liaise and coordinate with benefit providers and brokers.
• Review and recommend benefit enhancements aligned to market practices.
• Ensure employee awareness and understanding of benefits.
• Monitor benefit costs and utilisation trends.
• Resolve escalated employee benefit queries.

Payroll Governance and Oversight

• Oversee payroll operations to ensure accurate and timely payroll processing.
• Monitor payroll controls and approval processes.
• Ensure payroll compliance with legislation and company policies.
• Review payroll reports and reconciliations.
• Manage payroll audits and implement corrective actions.
• Coordinate payroll-related stakeholder engagements.

Reward Governance and Compliance

• Develop and maintain remuneration and benefits policies, procedures and frameworks.
• Ensure compliance with labour legislation, tax legislation and governance requirements.
• Monitor governance risks related to remuneration and payroll.
• Provide governance reports to management and governance structures.
• Support internal and external audit processes.

Reporting and Analytics

• Prepare remuneration, payroll and benefits reports for management and governance structures.
• Analyse remuneration and payroll trends and provide recommendations.
• Monitor remuneration expenditure and headcount trends.
• Support workforce planning and budgeting processes.

Stakeholder and vendor management

• Manage relationships with payroll, benefits and remuneration service providers.
• Monitor vendor performance against service level agreements.
• Engage with internal stakeholders on REM-related matters.
• Coordinate communication relating to remuneration and benefits matters.

Team Leadership

• Lead and manage the REM and payroll team
• Allocate work and monitor team performance
• Develop team capability and technical competence.
• Conduct performance management and coaching sessions.

Closing Date:  15 August 2026