Manager, Compensations and Benefits

About the role

Woori Bank is looking for a Manager, Compensations and Benefits in Phnom Penh. The role covers incentive schemes, sales incentives, staff loans, accrual bonuses and support for international staff, while building capacity in compensation management.

Key responsibilities

• Work with stakeholders to propose updates to incentive schemes and present them to management with data analysis and market surveys
• Prepare the business requirement document (BRD) for the incentive development system and present it to the IT department
• Prepare materials and give orientation to staff and managers on the incentive policy
• Ensure monthly, quarterly and annual staff incentives are accurate and that sales incentives are submitted to payroll on time
• Answer employee questions about incentive payments and support administrative work for international staff such as contracts, leases and invitations
• Ensure international staff are paid accurately and on time, and prepare monthly and annual accrual bonuses
• Share salary information for support staff loans, review the monthly loan collection sheet and process loan deductions
• Prepare incentive reports and data for auditors, and understand the Total Compensation philosophy and salary progression policies in the HR manual

Required profile

• Bachelor's degree in finance and accounting, mathematics or another business administration field
• At least 3 years of HR experience focused on payroll and employee compensation
• Strong knowledge of Cambodian labor law
• Fluent English, spoken and written

Required skills

• Strong numerical and analytical skills
• Computer literacy and strong Excel skills
• Experience with HR software is helpful

What we offer

• A competitive remuneration package
• Opportunities for career and personal development