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Job Description
- · Prepare monthly payroll for all employees, ensuring accuracy and timeliness
- · Calculate salaries, bonuses, deductions (e.g., taxes, insurance, social security), ensuring calculation methods align with company policies and legal frameworks
- · Ensure compliance with local labor and tax regulations to mitigate risks and ensure accurate reporting
- · Coordinate with finance for payroll disbursements and reporting, ensuring smooth salary payments
- · Maintain and update employee payroll records in HR systems, ensuring accuracy and confidentiality of payroll data
- · Monitor and track employee compensation changes (promotions, salary adjustments), maintaining accurate historical records for reporting
- · Support annual bonus and incentive calculations, ensuring alignment with company policies, contractual agreements, and budget approvals
- · Respond to employee queries related to pay and benefits, providing clear and accurate explanations regarding salary components, deductions, bonuses, and benefit entitlement
- · Participate in salary benchmarking and market surveys to ensure the organization's compensation practices remain competitive and aligned with market trends.
- · Support the annual bonus and salary review cycles by coordinating compensation data and analyses to enable fair, consistent, and timely reward decisions.
Skills Description
What will you need?
· Educational Background: Bachelor’s degree in Human Resources, Business Administration, or a related field.
· Experience: 2-3 years of experience in payroll and/or compensation roles.
· Technical Proficiency:
· Ownership
· Functional Skills
· Idea’s presentation and Taking initiative
· Continuous Learning
· Customer Centricity
· Knowledge of payroll systems and labor/tax regulations
· Advanced Excel skills
Soft Skills:
· Strong attention to detail and confidentiality
· Good analytical and communication skills
Job Details
Job Title
Specialist (Total Rewards)
Job Country
Egypt
Job City
Cairo
Job Role
Human Resources and Recruitment
Preferred Candidate
Career Level
Mid Career
Raya Holding for Financial Investments
Raya Holding for Financial Investments, a leading investment conglomerate, was established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.
Headquartered in Cairo, Egypt, Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing and FMCG. Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.
Raya's Lines of Business include: Aman for e-payments, Aman for Financial Services, Ostool, Raya Customer Experience, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier - Raya Electric.