Fresh Jobs at PwC South Africa

Job Description & Summary
A career in our Reward practice, within People and Organisation services, will provide you with the opportunity to help our clients reset their talent strategies and deliver extraordinary business results through their people. We focus on evaluating and managing their unique challenges so our clients can maximise their return on the overall investment in human capital. You’ll gain a tremendous depth of expertise in all aspects of human capital, including creating sustainable value through people culture and change, designing compensation and retirement strategies, and improving human capital operations.

Our team helps organisations set their compensation strategies through analysis of industry benchmarks, company policies and culture, and employee performance. As part of our team, you’ll help our clients determine their compensation structure, executive pay packages, legal and regulatory requirements, tax implications, and financial reporting and accounting advice.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be an authentic and inclusive leader, at all grades/levels and in all lines of service. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As a Senior Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Take action to ensure everyone has a voice, inviting opinion from all.
• Establish the root causes of issues and tackle them, rather than just the symptoms.
• Initiate open and honest coaching conversations at all levels.
• Move easily between big picture thinking and managing relevant detail.
• Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
• Develop specialised expertise in one or more areas.
• Advise stakeholders on relevant technical issues for their business area.
• Navigate the complexities of global teams and engagements.
• Build trust with teams and stakeholders through open and honest conversation.
• Uphold the firm's code of ethics and business conduct.

Brief Outline / Purpose of Job     
As a Reward Consultant you will be consulting on projects across the full spectrum of remuneration.

This includes executive and non-executive director benchmarking, variable pay review and design, indicative financial modelling, drafting of remuneration reports, researching investor views, and understanding corporate governance best practice.

Role/Job Description
As a Manager/Senior Manager you will primarily be involved in the following –

• Reviewing executive and non-executive benchmarking prepared by junior colleague including LTI valuations. Contributing to development of methodology.
• Preparation and review of indicative financial models to demonstrate cost/benefit analysis of variable pay arrangements.
• Performance condition testing e.g. Total Shareholder Return.
• Conducting critical reviews of client’s remuneration practices, and drafting papers including review outcomes and recommendations for new structures to clients.
• Short-term and long-term incentive review and design.
• Analysis of remuneration reporting in light of King IV (corporate governance recommendations) and assisting clients with preparing remuneration reports and policies to be contained in the integrated annual report of the company.
• Monitoring of institutional investor voting patterns and regulation, and analysis of these trends with respect to both design and disclosure of all aspects of remuneration (in particular executive remuneration).
• An awareness of topical issues surrounding executive reward, both globally and locally, and the preparation of communication material to remuneration committees regarding this information, as well as providing ongoing advice.
• Managing client relationships.
• Project managing client engagements.
• Responsibility for risk management procedures and managing costs/fees.
• Attending client meetings.
• Assisting with the preparation of client publications.

Other activities that the practice undertakes which you may be involved in –

• Preparation of formal legal documentation regarding the operation of long-term incentive / share plans e.g. plan rules, award letters, etc.
• Ensuring legal/regulatory compliance with regard to long-term incentive / share plans e.g. JSE Listings Requirements, Companies Act. This may include liaising with sponsors, external lawyers, JSE contacts, etc of clients.
• Drafting employee communications regarding short-term and long-term incentives.
• Research on technical, legal, tax, and topical issues arising in connection with executive reward and incentives.
• Drafting tax opinions in connection with executive reward and incentives, including broad-based employee schemes, trusts, long-term incentives / share plans, etc.
• Advising PwC offices in other countries on the South African tax consequences of incentive arrangements, and liaising with foreign PwC offices to ascertain the implications of South African incentive arrangements in foreign jurisdictions, compiling responses and presenting to clients.

Key Competencies and Attributes

• Strong analytical tendency with attention to detail and logical thinking ability.
• Excellent oral and written communication skills.
• Good organization and time management skills and the ability to work under pressure.
• Ability to work in a team as well as independently and to interact with stakeholders at all levels.
• Client service and results oriented.
• Good interpersonal skills and work towards team goals.
• Ability to deal with multiple demands under tight client deadlines.
• Self-managed, motivator, enthusiastic.
• Take ownership of personal development.
• Good at giving and receiving feedback.
• Eager to learn and quick to grasp new concepts.
• Integrity and judgement about work and relationships.
• Comfortable building relationships and communicating with people at all levels.
• Comfortable with Microsoft Office programmes e.g. Powerpoint, Word, Excel.

Qualification & Experience Requirements

• Qualified Chartered Accountant or Lawyer would be highly desirable.
• 3+ years of experience as a remuneration consultant