Reward Manager

Company Description

iKhokha is a place where chance-takers become change-makers. 

At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest-growing FinTech's in Africa, we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.

Job Description

The iK Talent team is looking for a Reward Manager to elevate our rewards strategy and make a lasting impact.
We need a proactive, detail-driven expert who thrives on crafting meaningful reward frameworks that engage and inspire. You’ll collaborate closely with the business, aligning reward initiatives with company goals and delivering fresh, forward-thinking solutions for employees at all levels.

If you’re excited by the opportunity to shape and refine a dynamic reward strategy, let’s talk!
So what will you do?
You’ll design and implement impactful cash and non-cash reward and recognition programs, covering salary management, annual bonuses, benefits, and employee recognition. 
You’ll own and refine reward processes and policies, including salary reviews, bonus allocations, job grading, and harmonisation. Regular benchmarking and salary/benefits surveys will also be key to ensuring our offerings remain competitive and aligned with market trends.
In addition to the above, you will:

• Design and implement end-to-end compensation and benefits strategies.
• Proactively engage and work with the Executive Team to understand the business issues and develop reward solutions that support the business objectives and overall strategy.
• Create a reward framework and policy for the business and guide all reward elements (pay, benefits, plans, and policies).
• Implementation of senior long-term incentive and retention plans.
• Manage the reward aspect of all People policies.
• Develop T&Cs, employee handbooks, and other contractual documents in conjunction with the Talent Ops team.
• Support HRIS and related Reward, Compensation, and Benefits policies in line with the Payroll/Finance team, as well as contribute to the selection and management of 3rd party suppliers including pension, healthcare, and insurance providers.
• Ensure compliance with reward processes, including data processing.
• Reward statistical reports and coordinate external market reviews on salary and benefit packages.
• Analyse compensation trends to review and update the pay and benefits packages for the company.
  Manage staff pay scales, including the identification and recommendation of specialist skills groups.

Qualifications

• Honours or Bachelor’s Degree

Deal Breakers:

• 5+ years of relevant (reward) experience in a business size of +500 employees
• Strong stakeholder management at all levels
• Advanced skills in data analysis & interpretation
• Experience in managing (reward) projects
• Strong ability to work autonomously in a structured way
• Strong personality with a ‘hands-on’ & ‘can-do’ mentality 
• Strong understanding of how reward can add value across areas such as talent and employee engagement.
• Strong numerical and advanced analytical skills.
• South African Market knowledge.
• Ability to work under pressure.

Additional Information

• Work in a high-growth company with tangible results you're accountable for.
• Enjoy hybrid, remote, and in office work models.
• Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
• Visionary leadership.
• Seize the opportunity for study leave.
• Access to on-demand learning at your fingertips.
• Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
• If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.