Compensation & Benefit Specialist Gallarate

Compensation & Benefit Specialist
Gallarate
Lombardia, Gallarate

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 detailed 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