Are you ready to embark on a transformational journey? We are seeking a dynamic and forward-thinking leader to join us as the Officer, Compensation & Benefits. If you excel in managing payroll and benefits, thrive in dynamic environments, and are committed to driving innovation and transformation, this is the opportunity for you!
The Rwanda Social Security Board aspires to transform into a modern, high-performing institution committed to high standards of governance and the efficient and effective management of compensation and benefits. Join us in shaping the future of employee satisfaction and contributing to our mission of excellence
This role offers the opportunity to shape and enhance the organization’s compensation and benefits strategies, ensuring competitive and compliant practices. It also provides a platform to influence employee satisfaction and retention through effective payroll management and data-driven decision-making.
You will ensure accurate and timely payroll processing, enhancing employee satisfaction and trust. Additionally, you will also contribute to the development and implementation of effective compensation and benefits policies, aligning with industry benchmarks and organizational goals.
Reporting to the Senior Officer, Compensation and Benefits (Payroll), the role of Officer, Compensation & Benefits is responsible for ensuring that payroll and employee benefits are processed in a timely and accurate manner.
About RSSB
The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB’s vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realizing Vision 2050 and the National Strategy for Transformation (NST1). RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Term Saving Scheme).
As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 2.06 trillion Rwf , which is equivalent to over 15% of the country’s GDP, RSSB invests in key sectors of the economy and plays a crucial role in growing the country’s financial sector. With approximately 12 million members in the above six schemes, encompassing over 90% of Rwanda’s population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.
To achieve its important mandate, RSSB is embarking on a transformative journey, aiming to become a modern, data-driven, and high-performing institution. As part of this ambitious initiative, we are seeking highly motivated individuals who are results-oriented and uphold the highest standards of professionalism and integrity.
Key Duties and Responsibilities
- Prepare payroll and related declaration
- Ensure timely disbursement of salaries or other employee benefits
- Participate in the development, enhancement, and implementation of salary surveys and other benchmarking exercises
- Maintain and regularly update staff payroll records in line with data protection provisions
- Maintain absolute discretion and maturity in handling payroll sensitive/confidential data
- Participate in the development and implementation of compensation and benefits related policies and procedures and prepare payroll reports
- Prepare final accounts of departing staff and ensure that terminal benefits are timely paid
- Prepare of salary and employment certificates and ensure their timely approval
- Participate in payroll adjustments in collaboration with the Finance function
- Conduct review of job classifications and gradings and provide recommendations to his/her supervisor
- Maintain compensation databases and ensures employment records are properly maintained in the system
- Monitor the effectiveness of existing compensation practises and recommends cost-effective changes consistent with compensation trends and RSSB objectives
- Ensure all employees are mapped accurately in the human capital systems
- Conduct salary and labor market research to define benchmarks
- Assess employees needs by conducting organizational surveys
- Ensure that compensation practises follow current laws and regulations
- Perform any other duties related to the Human Capital function as may be assigned from time to time
Key Qualifications and Experience
The successful candidate must have at least:
- Master’s Degree in Human Resources Management, Business Administration, Public Administration, Accounting, Finance, Management or any other relevant field
OR
- Bachelor’s Degree in Human Resources Management, Business Administration, Public Administration, Accounting, Finance, Management, or any other relevant field with at least 4 years relevant experience
Key competencies
Technical Competencies:
- Payroll management
- Performance management
- Talent management
- Knowledge of HR technology
- Knowledge of rules and regulations governing public service, labor code and other relevant rules
- Change Management
- Compensation and Benefits Administration
- Competency Management
- Employee Engagement and Retention Management
Behavioral Competencies:
- Must demonstrate impeccable customer service focus, strategic thinking, and strong ethical background with an ability to resist and zero tolerance for corrupt, political and other undesirable influences;
- Must be able to establish and maintain constructive and effective relationships with key stakeholders and staff alike;
- Must be open to change and adapt established methods for new uses within the institution;
Additional Information:
RSSB reserves the right to appoint or to issue an employment contract to the successful candidate.
Interested candidates are advised to submit applications online by Tuesday 31, December, 2024
In addition, please attach a curriculum vitae that contains details of your qualifications, experience and positions held relevant to this role. Include your day and evening telephone numbers, email address. Also, attach copies of your academic and professional qualifications.
RSSB is an Equal Opportunity Employer
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