About this Specialist: Reward Administration role at Absa
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
The Administrator: Reward Administration supports the effective delivery of reward and remuneration processes across a Pan-African environment. The role coordinates reward administration activities, maintains accurate data and reporting, supports governance and compliance requirements, and enables a seamless colleague experience through efficient service delivery and stakeholder support.Job Description
KEY ACCOUNTABILITIES:
Pay Review Cycle Administration:
- Support the end-to-end administration and coordination of annual pay review and bonus cycles, ensuring timely execution, reporting, governance compliance and stakeholder engagement.
Reward Programme Administration:
- Administer reward programmes and compensation processes in accordance with approved policies, procedures and operational standards.
Compensation and Incentive Administration:
- Execute and validate reward-related transactions, incentive payments and compensation changes while ensuring data integrity and appropriate controls.
Reward Reporting and Governance Support:
- Produce operational reporting, maintain governance documentation, perform reconciliations and support audit and compliance requirements.
Reward Query, Communication and Knowledge Management:
- Provide colleague support through reward query resolution, communication coordination and maintenance of reward knowledge content and information resources.
Exception Management Administration:
- Manage reward exception administration, including tracking, reporting, escalation and governance support.
Survey and Benchmark Administration:
- Coordinate remuneration surveys and benchmarking activities, including data preparation, submissions, vendor liaison and process administration.
Reward Systems and Data Support:
- Provide first-line support for reward systems, data management, testing, issue resolution and continuous improvement initiatives.
Vendor and Operational Coordination:
- Support vendor management, service delivery monitoring, operational administration and stakeholder coordination.
Executive and Director Remuneration Administration:
- Support executive remuneration and Director Emoluments processes through secure administration, governance controls, reconciliations and audit support.
Continuous Improvement and Data Insights:
- Analyse reward data and operational trends to identify process improvements and enhance service effectiveness and colleague experience.
Knowledge and Skills:
- Reward administration and compensation processes
- HRIS and reward systems administration, with Workday exposure advantageous
- Data management, reporting and reconciliation
- Governance, compliance and audit controls
- Stakeholder engagement and service delivery
- Strong analytical, organisational and communication skills with high attention to detail
Qualifications and Experience:
- Relevant Diploma or Degree in Human Resources, Business Administration, Finance or a related field.
- 3 years of experience in Reward, Human Resources, Payroll, Shared Services, Finance Administration or a related operational support environment.
Core Competencies:
- Reward administration and compensation processing
- Reporting, data management, governance and compliance
- HRIS, systems and vendor coordination
- Accountability, collaboration and service orientation
- Planning, critical thinking, adaptability and learning agility
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
