Compensation & Benefit Specialist

Main Duties and Responsibilities Global Compensation Designs project specific performance and retention incentive plans, as well as supporting on global initiatives including the Annual Salary Review.
Analyses the output and prepares reports for the Group C&BP, the SVP of HR and the wider HR team as and when required.
Supports the Group C&BP on the annual pay review; creates specific reports and coordinates the annual process with the Group C&BP & HRBP’s.
Ensures compensation data contained in Workday is updated in a timely manner by the HRBP’s globally, following the completion of the annual pay review and throughout the year.
Conducts benchmark review(s) to position Global Blue within the market for salary and benefits.
First Line Support to Global Payroll Queries Central contact for our first line queries related to the current central payroll provider (SGG).
Ensures that the relevant policies and processes are in place to comply with regulations, evaluates & assesses any gaps to the Group C&BP.
Reviews 3rd party arrangements with our global payroll provider, helps negotiate terms, sets the KPI’s and manages the service level agreement.
In special circumstances supports locally to review, check and or approve the monthly payroll, and acts as the “4 eyes principles. ” Ensures consistent payroll reporting to comply with Sarbanes- Oxley Act (SOX).
Financial Reporting Gathers data to support the Group C&BP to produce the annual compensation report.
Ensures that local payroll teams in the group calculate social charges correctly following vesting of shares.
Provides the Group C&BP financial reports following annual bonus review; quarterly reports for the calculation of share-based payments fair value calculation.
Supports in preparing Comp & Ben reports & carries out analysis & audits as required by the business.
GB Incentive Plans Administers the company share scheme & maintains existing database of data.
Develops a solid understanding of the employee ownership platform.
Acts as the gatekeeper for tax and legal compliance with our share plan rules.
Responsible for ensuring documentation is prepared and shared with all shareholders.
Group Governance (SOX and Audit) Be the first line of support for queries on all group level matters related to financial regulations, the impact on payroll and all elements of compensation.
Ensures compliance with SOX best practice for components such as Payroll (central provider and local provider), annual pension calculation and provision, annual pay review etc.
Executes projects surrounding SOX compliance & ensures that all necessary SOX related policies are in place as needed.
Global Benefits Overseeing the group arrangements in place for the pension providers and reviews the provision on a regular basis.
Ensures all information regarding group benefits is up to date and easily accessible to all employees.
Provides analysis to the business on take up and use of group benefits and provides recommendations.
Supports the Group C&BP in the management of group policies such as car policy & travel & expense policy.
Global Mobility Supports the Group C&BP for devising and implementing a global mobility policy for Global Blue.
Supports the Group C&BP in managing any inter company moves from country to country by supporting the individual with advice or providing them with the correct specialists (e. g. , tax).
Key Competencies Strong knowledge of compensation processes, especially for executive compensation and equity plan for global listed company is a must.
Experience of managing and running payroll.
Bachelor’s degree in Human Resources, Finance or related field.
Experience within a compensation and benefits role with an international remit.
Detail oriented, and able to present data in a manner which is clear and easy to understand, and analyse data with solution-based outcomes to drive business decisions.
Organised and systematic, with a proactive approach to problem solving.
Preferable Skills and Competencies Experience balancing ever-changing work demands in a challenging environment with numerous stakeholders to satisfy.
Proficiency in Microsoft Office Suite, Word and Excel, Power Point and Workday as a plus.
Is accurate and detail conscious and has a collaborative approach to work.
Fluent communication written and oral in English.
Has a solid knowledge of payroll and benefits – ideally international, however knowledge of UK and Europe are sufficient.
Knowledge of auditing systems and ensuring quality data is recorded and cleansed on a regular basis. #J-18808- Ljbffr