Remuneration Specialist | HR Operations BU | Human Resources SBU | March 20 at Job Opportunities | MCB Group

Quatre Bornes, Plaines Wilhems, Mauritius -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Payroll Processing, Data Verification, Statistical Analysis, Budget Analysis, Customer Service, Problem Solving, Confidentiality, Team Collaboration, Legislation Knowledge, Report Preparation, Reconciliation, Attention to Detail, Time Management, Communication, Analytical Skills, Organizational Skills

Industry

Financial Services

Description

Embark on a journey within our Human Resources function to contribute to the MCB Group in successfully executing its strategy as we coordinate our actions to: • Enable the unique value-creating advantage work in each MCB business unit; • Efficiently deliver essential HR services needed to keep the MCB machine fine-tuned and operating smoothly; and, • Ensure all MCB employees and HR processes work to build customer connectivity, innovation, and talent capabilities across the organization. We are on the lookout for: Job vacancy: Remuneration Specialist The Remuneration Specialist, reporting to the Remuneration Team Leader, is responsible for processing, verifying, and reconciling all aspects of monthly payroll (earnings, deductions, benefits & costings) to enable payment of salaries within agreed timeframe for MCB Group, MCB Pensioners and for Overseas Bank Subsidiaries. In this role you will: • Provide timely and accurate information to BU Managers on variance, budgets, overtime analysis etc. and of the different remuneration items within agreed timeframe; • Address queries of both internal and external customers to deliver quality service within agreed deadline; • Prepare report relating to PAYE and social security costs for payment to regulatory bodies; • Provide input on payroll processes pertaining to non-routine cases; • Assist the team leader in finding solutions pertaining to non-routine issues to ensure proper delivery of payroll; • Verify information worked out by team members to ensure accuracy of data in system and analysis submitted to all stakeholders; • Verify that the GL accounts balance tally with the items processed in the monthly payroll, investigate and take corrective measures for any discrepancy noted; • Investigate any discrepancy noted and ensure that corrective actions are effected to provide timely and accurate information to concerned parties; • Perform reconciliation of salaries, statutory contributions, and pension contributions within agreed timeframe to ensure accurate information are uploaded on the system for payroll calculation; • Provide statistical information analysis for matters pertaining to Remuneration & Reward for decision making purposes by the relevant party; • Provide a comprehensive list of reports on payroll metrics (overtime overruns, late arrivals, clock in/out); • Prepare statistical information and analysis of payroll metrics that will help the business in taking sound people management decisions; • Register newly created entities with relevant bodies (MRA, NPS, etc..) and create new payroll on HR system to ensure smooth implementation of changes in the Group's structure; • Administer the payment of emoluments to Group employees to ensure that salaries, overtime, bonuses, allowances, and deductions, etc. are processed in a timely and accurate manner; • Keep abreast of latest changes/developments in legislation which will impact the payment of salaries and liaise with concerned parties to ensure that the system is updated accordingly and share knowledge with colleagues. To succeed, you will be required to demonstrate the following competencies: • Maintains confidentiality at all times; • Analyses and integrates numerical, verbal and other information while perceiving relationships and patterns, causes and effects; • Remains objective and maintains a focus on work when under pressure; • Highlights and challenges practices or work that is not in line with set regulations and rules; • Plans and prioritises work to meet commitments aligned with organisational goals; • Cooperates and works well with others in the pursuit of team goals. We are looking for a candidate who preferably has: Either • A Degree in Human Resources/Management/Accounting/Finance; • At least 3 years of working experience in a Payroll function in Human Resources/Accounting/Finance. Or • At least 5 years of working experience in a Payroll function in Human Resources/Accounting/Finance. A combination of both qualifications & experience will be considered. Should this opportunity match your career aspirations, skills and competencies, click on ‘Apply’ to complete your online application. Please ensure all required information is accurately entered in relevant sections. Any incomplete application will not be considered. Kindly attach a complete CV when applying. Candidates going through the selection process during the recruitment exercise will be required to provide 2 professional references. As part of the recruitment process, shortlisted candidate(s) will be required to provide a valid Certificate of Character of less than 3 months. The deadline for submission of application is 23 March 2026. Management reserves the right not to appoint anyone following this advert. #LI-Onsite

Responsibilities

The Remuneration Specialist is responsible for processing and reconciling payroll for MCB Group and its subsidiaries. This includes providing accurate information to managers, addressing queries, and ensuring compliance with regulations.