P&O Rewards & Benefits Manager

Management Level

Job Description & Summary

Enhancing your leadership style you motivate develop and inspire others to deliver quality. You are responsible for coaching leveraging team members unique strengths and managing performance to deliver on client expectations. With your growing knowledge of how business works you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

Examples of the skills knowledge and experiences you need to lead and deliver value at this level include but are not limited to:

• Analyse and identify the linkages and interactions between the component parts of an entire system.
• Take ownership of projects ensuring their successful planning budgeting execution and completion.
• Partner with team leadership to ensure collective ownership of quality timelines and deliverables.
• Develop skills outside your comfort zone and encourage others to do the same.
• Effectively mentor others.
• Use the review of work as an opportunity to deepen the expertise of team members.
• Address conflicts or issues engaging in difficult conversations with clients team members and other stakeholders escalating where appropriate.
• Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance) the Firms code of conduct and independence requirements.

Introduction

The Reward team in South Africa is a national practice that consists of approximately 23 individuals. The team is split across two offices Johannesburg (16 individuals) and Cape Town (7 individuals).
The team is split into two workstreams:
Analytics (i.e. benchmarking modelling KPI strategy consulting variable pay design) is lead by Andreas Horak (based in Johannesburg).
Tax Legal and Governance (TLG) (i.e. remuneration reports plan rule drafting tax opinions) is lead by Leila Ebrahimi (based in Johannesburg).
The role will be based in Cape Town with occasional travel to Johannesburg.
In addition to client work you will assist with the running of the Cape Town practice. This will include operational aspects (e.g. monitoring finances risk procedures etc) along with people aspects (e.g. being a coach approving leave monitoring absence etc).
As one of the most senior team members in Cape Town you will represent the practice at client meetings providing you with incredible exposure to senior executives.
As both Andreas and Leila are based in Johannesburg you should be confident in your ability to operate remotely and independently within the broader team.

Brief Outline/ Purpose of Job

As a Reward Consultant you will be consulting on projects across the full spectrum of remuneration.
This includes executive and non-executive director benchmarking variable pay review and design indicative financial modelling drafting of remuneration reports researching investor views and understanding corporate governance best practice.

Role/Job

As a Manager/Senior Manager you will primarily be involved in the following

Reviewing executive and non-executive benchmarking prepared by junior
Description colleague including LTI valuations. Contributing to development of methodology.
Preparation and review of indicative financial models to demonstrate cost/benefit analysis of variable pay arrangements.
Performance condition testing e.g. Total Shareholder Return.
Key performance indicator (KPI) strategy consulting
Conducting critical reviews of clients remuneration practices and drafting papers including review outcomes and recommendations for new structures to clients.
Short-term and long-term incentive review and design.
Analysis of remuneration reporting in light of King IV (corporate governance recommendations) and assisting clients with preparing remuneration reports and policies to be contained in the integrated annual report of the company.
Monitoring of institutional investor voting patterns and regulation and analysis of these trends with respect to both design and disclosure of all aspects of remuneration (in particular executive remuneration).
An awareness of topical issues surrounding executive reward both globally and locally and the preparation of communication material to remuneration committees regarding this information as well as providing ongoing advice.
Managing client relationships.
Project managing client engagements.
Responsibility for risk management procedures and managing costs/fees.
Attending client meetings.
Assisting with the preparation of client publications.
Other activities that the practice undertakes which you may be involved in
Preparation of formal legal documentation regarding the operation of long-term incentive / share plans e.g. plan rules award letters etc.
Ensuring legal/regulatory compliance with regard to long-term incentive / share plans e.g. JSE Listings Requirements Companies Act. This may include liaising with sponsors external lawyers JSE contacts etc of clients.
Drafting employee communications regarding short-term and long-term incentives.
Research on technical legal tax and topical issues arising in connection with executive reward and incentives.
Drafting tax opinions in connection with executive reward and incentives including broad-based employee schemes trusts long-term incentives / share plans etc.
Advising PwC offices in other countries on the South African tax consequences of incentive arrangements and liaising with foreign PwC offices to ascertain the implications of South African incentive arrangements in foreign jurisdictions compiling responses and presenting to clients.

Key Competencies and Attributes

Strong analytical tendency with attention to detail and logical thinking ability.
Excellent oral and written communication skills.
Good organization and time management skills and the ability to work under pressure.
Ability to work in a team as well as independently and to interact with stakeholders at all levels.
Client service and results oriented.
Good interpersonal skills and work towards team goals.
Ability to deal with multiple demands under tight client deadlines.
Self-managed motivator enthusiastic.
Take ownership of personal development.
Good at giving and receiving feedback.
Eager to learn and quick to grasp new concepts.
Integrity and judgement about work and relationships.
Comfortable building relationships and communicating with people at all levels.
Comfortable with Microsoft Office programmes e.g. Powerpoint Word Excel.

Qualification & Experience Requirements

BCom degree or LLB would be highly desirable.
3 years of experience as a remuneration consultant or strategy consultant

Travel Requirements

Available for Work Visa Sponsorship

Job Posting End Date