Compensation and Benefits Manager

Job Description

Title: Compensation and Benefits Manager

Company Name: ShopUp

Vacancy: 1

Location: Dhaka

Published: 30 May 2024

Additional Requirements:
∎ Bachelor’s/ Master’s degree from a reputed university.
∎ Minimum 4-7 years working experience in the field of payroll management for large and diverse employee group.
∎ Proven experience as a payroll manager or similar role of payroll procedures and related laws
∎ Excellent understanding of multi-location payroll and taxes
∎ Familiarity with payroll software/ HRIS and MS Office (especially microsoft excel)
∎ An analytical mind with attention to details and good math skills
∎ Good communication skills (written and oral)
∎ Bachelor’s/ Master’s degree from a reputed university.
∎ Minimum 4-7 years working experience in the field of payroll management for large and diverse employee group.
∎ Proven experience as a payroll manager or similar role of payroll procedures and related laws
∎ Excellent understanding of multi-location payroll and taxes
∎ Familiarity with payroll software/ HRIS and MS Office (especially microsoft excel)
∎ An analytical mind with attention to details and good math skills
∎ Good communication skills (written and oral)

Requirements:

Responsibilities & Context:
∎ Perform payroll operations in accordance with company and local law regulations.
∎ Take responsibility of payroll systems to process payroll account transactions (e.g. salaries, benefits, allowances, deductions, taxes and third party payments)
∎ Update payroll records by reviewing and approving changes in exemptions, benefits, deductions, separation settlements and job titles, and department/ division transfers.
∎ Ensure compliance with relevant laws and internal policies
∎ Collaborate with HRBP and Finance teams in order to ensure timely payroll disbursements
∎ Prepare Annual and Monthly manpower budgeting for different business units.
∎ Maintain accurate records and prepare reports, make these available in system for record-keeping.
∎ Provide payroll information by answering questions and requests.
∎ Contributes to team effort by accomplishing related results as needed.
∎ Suggest changes in salary structures as per local regulations and governance to maximize benefits for employees
∎ Coordinate with other payroll teams of the rest of ShopUp’s concerned businesses to ensure timely processing of salaries and disbursements.
∎ Possess knowledge of income tax regulations to ensure accurate tax calculations and compliance.
∎ Participate in payroll automation initiatives within the HRIS to enhance efficiency and accuracy.
∎ A Compensation and Benefits Manager is responsible for company’s overall payroll operations, transactions, disbursements and record keeping for a business unit. He/she will also maintain the law regulations and governance to the benefits of both employer and employee.

∎ Perform payroll operations in accordance with company and local law regulations.
∎ Take responsibility of payroll systems to process payroll account transactions (e.g. salaries, benefits, allowances, deductions, taxes and third party payments)
∎ Update payroll records by reviewing and approving changes in exemptions, benefits, deductions, separation settlements and job titles, and department/ division transfers.
∎ Ensure compliance with relevant laws and internal policies
∎ Collaborate with HRBP and Finance teams in order to ensure timely payroll disbursements
∎ Prepare Annual and Monthly manpower budgeting for different business units.
∎ Maintain accurate records and prepare reports, make these available in system for record-keeping.
∎ Provide payroll information by answering questions and requests.
∎ Contributes to team effort by accomplishing related results as needed.
∎ Suggest changes in salary structures as per local regulations and governance to maximize benefits for employees
∎ Coordinate with other payroll teams of the rest of ShopUp’s concerned businesses to ensure timely processing of salaries and disbursements.
∎ Possess knowledge of income tax regulations to ensure accurate tax calculations and compliance.
∎ Participate in payroll automation initiatives within the HRIS to enhance efficiency and accuracy.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ ShopUp
∎ SKS TOWER (4th Floor) VIP Road, Mohakhali, Dhaka - 1206
∎ ShopUp works with a mission of enabling SMEs in Bangladesh with technology. We help online sellers & neighborhood retailers to build, manage and grow their businesses by providing easy access to B2B sourcing, last-mile logistics, digital credit, and business management solutions.

Address::
∎ SKS TOWER (4th Floor) VIP Road, Mohakhali, Dhaka - 1206
∎ ShopUp works with a mission of enabling SMEs in Bangladesh with technology. We help online sellers & neighborhood retailers to build, manage and grow their businesses by providing easy access to B2B sourcing, last-mile logistics, digital credit, and business management solutions.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 7 Jun 2024

Category: HR/Org. Development

Interested By University

University Percentage (%)
National University 8.58%
University of Dhaka 6.96%
Jagannath University 4.21%
BRAC University 3.24%
Jahangirnagar University 3.07%
3.07%
North South University 2.91%
East West University 2.59%
Southeast University 2.43%
American International University-Bangladesh 2.43%

Interested By Age Range

Age Range Percentage (%)
20-30 24.11%
31-35 31.07%
36-40 26.21%
40+ 14.40%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.91%
20K-30K 9.06%
30K-40K 11.49%
40K-50K 15.05%
50K+ 61.49%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 6.47%
0.1 - 1 years 2.27%
1.1 - 3 years 7.44%
3.1 - 5 years 11.49%
5+ years 72.33%

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