The Compensation role will be responsible for all HR compensation related processes covering all countries within Asia. This includes, but not limited to: BU compensation reporting and analytics, compensation governance, market data review and comp benchmarking, adherence to regulatory requirements, various comp projects, etc. The team also facilitates the yearend compensation process for the Asia region and the respective business units.
The candidate will manage the workflow and deliverables to a variety of users including, but not limited to, business unit clients, HR business partners, and regional/global HR counterparts. The ability to provide oversight, summarize, prioritize and execute under strict deadline is critical. A sizeable portion of the job involves hands-on involvement in compensation system platforms, monitoring and managing team deliverables, in a detail oriented and demanding environment.
Compensation reporting and analysis, including scenario planning and modelling, for key stakeholders
Develop and advise compensation proposals in relation to different business strategies
Scheduled (i.e. monthly) or ad hoc compensation & other comp expenses accruals processes and ensuring specific guidelines are met at a regional and global level
Conduct reviews and audits of all compensation data prior to monthly accruals
Review in the market data matching process as well as analysis of the results; leverage internal/external intel in order to make informed decisions and recommendations to ensure market competitiveness
Adherence to risk and governance policies, ensure security of sensitive data and where applicable, help enhance/improve processes and policies to minimize risks associated with compensation data
Improvement and review of compensation reporting capabilities, compensation platforms and process deliverables to ensure they offer most value to our users
Serve as point of contact for regional & global comp managers (HR & BU) in matters relating to compensation, manage aspects of global projects, and ensuring communication is maintained among different regionally teams
Provide compensation training, as applicable, to HR colleagues relating to compensation processes
Ad hoc and scheduled comp audits where applicable
Obtain strong working knowledge on other HR processes and systems platforms used and their interconnectivity relations
Communicate, collaborate and network with all levels of employees and managers (in particular HR colleagues) and ensure the integrity and quality of all information produced
Involvement in various HR department projects