Posted 5 hours ago

Job Status: Active



Compensation and Benefits Manager

Accounting / Finance

Somabay -

Company: Somabay –

WebSite: Hurghada, Red Sea, Egypt

Job Description:**الخيار الرسمي:**

The incumbent is responsible for the design, maintenance, and administration of compensation and benefits programs, ensuring alignment with market competitiveness and internal equity. Responsibilities include: the development and management of salary structures, pay scales, and grading systems; oversight of monthly payroll processing for all employee classifications; coordination with the Finance Department for monthly closing and financial reconciliation; leadership of annual salary review, promotion cycles, and bonus/incentive processes; the execution of market surveys and benchmarking studies; the administration of all employee benefit programs; ensuring adherence to relevant labor laws and regulations; management of the job evaluation system; the evaluation and improvement of reward programs; management of expatriate compensation packages; preparation of comprehensive compensation analysis reports and payroll budget forecasts; and serving as a liaison with external consultants and auditors.

Skills:

Education: 

  • Bachelor’s degree in HR, Finance, Economics, or Business Administration; professional certification (e.g., GRP, CIPD) is a plus.

Experience:

  • Minimum 7–10 years in C&B roles, including 3+ years in a managerial capacity.

Technical Skills:

  • Strong knowledge of compensation tools and methodologies (e.g., Mercer, HAY, Towers Watson)
  • Proficient in Excel and HRIS/payroll systems

Soft Skills:

  • Analytical mindset with high attention to detail
  • Strong communication and presentation skills
  • Ethical and able to handle confidential data with integrity
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