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Compensation and Benefits Specialist
Panamari Holding
Dubai, UAE
Full Time
Senior
1 months ago
Compensation & BenefitsJob ArchitectureIncentive CompensationEquity ProgramsBenefits AdministrationAdvanced Excel
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Compensation & BenefitsJob ArchitectureIncentive Compensation
About the Role
Panamari Holding is seeking a Compensation & Benefits Specialist to design and manage total rewards programs, including job architecture, incentive compensation, equity programs, and benefits administration.
Key Skills for This Role
Compensation & BenefitsJob ArchitectureIncentive CompensationEquity ProgramsBenefits AdministrationAdvanced Excel
Responsibilities
- Design, maintain, and evolve Job Architecture including job families, levels, and career ladders
- Lead development and annual refresh of salary bands, grade structures, and pay ranges
- Conduct regular benchmarking using external salary surveys
- Administer and evolve Individual Sales/Performance Bonus program
- Support design and administration of Long Term Incentive Compensation Plan and ISOP
- Own annual compensation planning cycle: merit reviews, bonus payouts, compensation statements
- Maintain and analyze compensation data in HiBob
- Prepare executive level compensation reports and dashboards
- Lead annual benefits renewal and open enrollment process
- Manage vendor and broker relationships
- Perform monthly invoice reconciliations and benefits audits
- Monitor compliance with EU and UAE Labour Law, DIFC/ADGM regulations
Requirements
- Bachelor’s degree in HR, Business Administration, Finance, or related field
- 5+ years of dedicated experience in Compensation, Benefits, or Total Rewards role
- Hands on experience with Job Architecture design, incentive compensation, and equity programs
- Advanced Excel skills: complex formulas, Pivot Tables, VLOOKUPs, data modelling
- Strong analytical mindset
- High degree of discretion and integrity
- Excellent communication skills
- Proficiency in integrating AI tools into daily workflows
Full Job Posting
Job Description
- This is a high impact, specialist role sitting at the intersection of data, strategy, and people. As our Compensation & Benefits Specialist, you will be the engine behind finera's total rewards framework designing and managing programs that attract, retain, and motivate exceptional talent. You'll wo
Job Requirements
- Bachelor’s degree in human resources, Business Administration, Finance, or a related field.
- +5 years of dedicated experience in a Compensation, Benefits, or Total Rewards role — ideally within a tech or high growth environment.
- Hands on experience with Job Architecture design, incentive compensation (bonus/commission plans), and equity programs (ESOPs/LTIPs).
- Advanced Excel skills: complex formulas, Pivot Tables, VLOOKUPs, and data modelling are second nature to you.
- Strong analytical mindset you translate raw data into clear, actionable insights.
- A high degree of discretion and integrity when handling sensitive employee and compensation data.
- Excellent communication skills: you can explain complex comp mechanics simply and confidently to employees and senior stakeholders alike.
- Strong proficiency in integrating AI tools into daily workflows to drive efficiency, quality, and innovation
Job Responsibilities
- Design, maintain, and evolve Finera’s Job Architecture including job families, levels, and career ladders ensuring internal equity and external competitiveness across all functions.
- Lead the development and annual refresh of salary bands, grade structures, and pay ranges aligned to the UAE market.
- Conduct regular benchmarking using external salary surveys (e.g., Mercer, Willis Towers Watson, Radford) to ensure our compensation positioning remains competitive.
- Administer and evolve the Individual Sales/Performance Bonus program, managing target setting, accruals, performance calculations, and payout processing.
- Support the design and administration of the Long Term Incentive Compensation Plan (LTICP) and ISOP (International Share Option Plan) including grant management, vesting schedules, participant communications, and regulatory compliance.
- Own the annual compensation planning cycle: merit reviews, bonus payouts, compensation statements, and salary adjustments.
- Maintain and analyze all compensation data in HiBob, ensuring data integrity, reporting accuracy, and a clean system of record.
- Prepare executive level compensation reports, dashboards, and analytics for the CHRO and leadership team.
- Lead the annual benefits renewal and open enrollment process, including vendor negotiations, system configuration in HiBob, and employee communications.
- Manage vendor and broker relationships, holding partners accountable to SLAs and service quality.
- Perform monthly invoice reconciliations and benefits audits, resolving discrepancies between payroll deductions and enrollment data.
- Monitor and ensure compliance with EU and UAE Labour Law, DIFC/ADGM regulations (as applicable), and global best practices in compensation equity.
Job Benefits
- Competitive salary package aligned with experience and market standards.
- Medical Insurance starting from day 1.
- Access to training resources and development opportunities that support your professional growth.
- Well stocked office with snacks, drinks, and refreshments available daily.
- A multinational organisation that promotes a strong, collaborative culture
- Regular team building events and company activities that strengthen collaboration across teams.
- Employee Recognition Program celebrating our "Employee of the Month" with special perks.
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