Reward Consultant

at  PwC

JOB DESCRIPTION & SUMMARY

A career within People and Organisation services, will provide you with the opportunity to help our clients reset their talent strategies and deliver extraordinary business results through their people. We focus on evaluating and managing their unique challenges so our clients can maximise their return on the overall investment in human capital. You’ll gain a tremendous depth of expertise in all aspects of human capital, including creating sustainable value through people culture and change, designing compensation and retirement strategies, and improving human capital operations.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As a Senior Associate, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Use feedback and reflection to develop self awareness, personal strengths and address development areas.
• Delegate to others to provide stretch opportunities, coaching them to deliver results.
• Demonstrate critical thinking and the ability to bring order to unstructured problems.
• Use a broad range of tools and techniques to extract insights from current industry or sector trends.
• Review your work and that of others for quality, accuracy and relevance.
• Know how and when to use tools available for a given situation and can explain the reasons for this choice.
• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
• Use straightforward communication, in a structured way, when influencing and connecting with others.
• Able to read situations and modify behavior to build quality relationships.
• Uphold the firm’s code of ethics and business conduct.

QUALIFICATIONS / CERTIFICATIONS REQUIRED:

Professional accountants with post-graduate studies majoring in any of the below:

• Management Accounting: NQF Level 8 e.g. BCom Honours Degree
• Financial Accounting: NQF Level 8 major e.g. BCom / Accounting Honours Degree
• Tax Accounting: NQF Level 8 major ing in Taxation e.g. BCom Honours Degree

EXPERIENCE REQUIRED:

Successful candidate must have successfully completed a 3-year structured traineeship aimed towards a SAICA, CIMA, SAIT or SAIPA accreditation, at a reputable firm.

SKILL SETS REQUIRED:

• Ability to provide solutions to business problems – logic analytical thinking.
• Strong analytical and logical thinking ability
• Strong numerical skills
• Technical research skills
• Excellent communication and writing skills
• Ability to prioritise, multitask and work under pressure.
• Organisation and time management skills.
• Ability to work to deadlines.
• Pays attention to detail.

INDEPENDENCE REQUIREMENTS TO BE TAKEN INTO CONSIDERATION:

Standard PwC risk management restrictions apply.

* INDUSTRY EXPERIENCE REQUIRED:

Relevant knowledge of, and experience in dealing with executive and non-executive reward structures will be advantageous .

TRAVEL REQUIREMENTS

Up to 20%

ROLE SUMMARY:

PwC South Africa is seeking an analytical and dynamic accounting professional to join our Reward Practice, which is a specialist team within the firm’s wider Tax and Legal Department.
Our team helps organisations set their compensation strategies through analysis of industry benchmarks, company policies and culture, and employee performance. As a member of our team, you’ll help our clients determine their compensation structures with a specific focus on the analytical aspects thereof.
For more details of our service offerings refer to https://www.pwc.co.za/en/services/people-and-organisation/reward.html

RESPONSIBILITIES OF ROLE:

• Collecting and analysing remuneration data for PwC’s internal remuneration database;
• Performing executive and non-executive director benchmarking and assistance in determining an appropriate comparator group;
• Conducting critical reviews of client’s remuneration practices, and drafting papers including review outcomes and recommendations for new structures to clients (both executive management and remuneration committees);
• Drafting of market practice papers on various elements of remuneration
• Performing indicative financial modelling for variable incentive schemes to assist clients in understanding the cost versus benefit implications thereof;
• Performing various wage gap analysis to assist clients with their fair pay analysis
• Assistance with the so-called single figure remuneration reporting;
• 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 (under the supervision of more senior staff);
• Project managing client engagements;
• Responsibility for risk management procedures and managing costs/fees;
• Attending client meetings;
• Assisting with the preparation of client publications;

ROLE RELATED ATTRIBUTES

• Results oriented with leadership qualities.
• Self starter, confident.
• Lateral thinker.
• Self motivated.
• Takes initiative and responsibility for personal development and updated technical knowledge.
• Positive attitude

As a Senior Associate, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Use feedback and reflection to develop self awareness, personal strengths and address development areas.
• Delegate to others to provide stretch opportunities, coaching them to deliver results.
• Demonstrate critical thinking and the ability to bring order to unstructured problems.
• Use a broad range of tools and techniques to extract insights from current industry or sector trends.
• Review your work and that of others for quality, accuracy and relevance.
• Know how and when to use tools available for a given situation and can explain the reasons for this choice.
• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
• Use straightforward communication, in a structured way, when influencing and connecting with others.
• Able to read situations and modify behavior to build quality relationships.
• Uphold the firm’s code of ethics and business conduct