Compensation And Benefits Specialist (Remote)

Job description / Role

Job Description

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Raya Foods; one of Raya’s subsidiaries, is hiring a Specialist (Compensation and Benefits).

What will you do:
– Administer and process the monthly payroll, ensuring accuracy, timeliness, and compliance with Raya internal policies and regulatory requirements.
– Develop and manage HR annual budget and track the actual with the Finance team on monthly basis to ensure that there are no differences.
– Conduct salary analysis and benchmarking to ensure compensation structures are competitive and aligned with market trends.
– Oversee employee benefits programs, ensuring effective administration and compliance with Raya policies and manage the Medical, Life insurance files and any other program.
– Work with labor and insurance offices to ensure compliance with the laws and regulations and handle legal cases related to employment, providing administrative support to ensure timely and appropriate resolution.
– Ensure the archiving and updating of HR documents is physically and systematically managed, archived and accessible, complying with internal and external audit standards ensuring accuracy and confidentiality.
– Monitor and evaluate the effectiveness of HR shared services processes, recommending improvements to increase efficiency and accuracy.
– Monitor the expiration of probationary periods and work contracts on specified dates, in coordination with the Management.
– Maintain employee records and HR database, ensuring accuracy and confidentiality.
– Prepare reports and analyses for management regarding compensation trends and benefits utilization.
– Collaborate with other HR team members to support overall HR initiatives.
– Sending job offers to shortlisted candidates and ensure a smooth onboarding process.

– Bachelor of Business Administration, HR, or any discipline.

Skills:
– Ownership.
– Functional Skills.
– Ideas presentation and Taking initiative.
– Continuous Learning.
– Customer Centricity.
– Details oriented.
– Time management.

Technical Skills:
– Proficiency in in HRIS and Microsoft Office suite.
– Strong knowledge of compensation structures, benefits programs, and relevant legislation.
– Excellent analytical skills and attention to detail.
– Certification from a recognized HR body (e.g., SHRM, CEBS) is a plus.
– Experience with HRIS and payroll systems (Oracle) is a must.
– Proficiency in data analysis and reporting tools.

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya’s Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier – Raya Electric.