Compensation & Benefits Analyst/total Rewards

1 week ago

Kuala Lumpur, Malaysia Ingredion Full time

Analyst, Compensation & Benefits and LOA Services

LOCATION: Kuala Lumpur, Malaysia

REPORTS TO: Total Rewards Lead

DIRECT REPORTS: N/A

WORKPLACE TYPE: Hybrid

Company Background:
Ingredion is a Fortune 500 provider of ingredient solutions that touch millions of lives, every day. With over 19,000 customers in 120 countries, we create solutions that help nourish, comfort, and delight people all over the world. We are proud to source our strength from nature. That’s why we’re growing sustainably, with an industry-leading product portfolio that includes plant-based proteins, sugar alternatives and clean and simple ingredients that deliver on changing consumer needs while protecting our planet. Although we are best known for our food ingredients, we are much more than a food business. We co-create bespoke solutions with our customers; from cosmetics and beauty, to paper and têxtiles, to pharmaceuticals, driven by relentless curiosity. We make it our business to anticipate industry trends, and to bring together the potential of people, nature and technology to make life better.

We don’t just make ingredients. We create possibilities. Be What’s Next® with us.

The Compensation/Benefits Services Professional will provide functional expertise and specialized administration of compensation & benefits. They will own and deliver continuous improvement, vendor management, operational reporting, and service management. They will interface with Business HR and CoEs to continuously improve services.

Core Responsibilities:

- Execute compensation & benefits administration activities and processes; follow all HR Operations policies and procedures to ensure effective employee and manager support ensuring adherence to data privacy and related controls
- Research, analyze, and resolve compensation or benefit issues or inquiries escalated by the Employee Experience Specialists and other stakeholders
- Administer bonus/incentive-based pay processing, ad-hoc payments, and stock grants
- Manage Leave of Absence process to ensure timely and accurate adjustments required to compensation and benefits
- Interact as needed with other key HR areas including Payroll, Talent Acquisition, Employee Experience, Digital Solutions, etc.
- Create job codes and administer equity reviews, merit processing, job reclassifications, interim pay differentials, compensation statements/adjustments, off cycle salary increases and market pricing
- Administer benefits including eligibility audits, new hire and annual benefits enrollment, new enrollment audits, termination, and life event changes, benefits accounting, and benefit appeals process
- Provide analysis and metrics on enrollment and other Compensation or Benefits area to Total Rewards CoE or other stakeholder group
- Assist with the benefits administration or transfer processes for employees transferring in and out of state or country
- Manage retirement, retiree database, retirement plan administration, quality control audits oversight, and implementation on plan design changes
- Work with vendors to plan, administer, and resolve benefit, and retirement, as needed
- Assist with audits to ensure accuracy of data in reports and data transmissions to third party vendors; collaborate with business systems counterparts for assessment and correction of discrepancies
- Interface with Business HR and CoE to continuously improve compensation & benefits administration processes, procedures, and technologies

Mandatory requirements:

- University Degree or equivalent experience in a related field
- 1-2 years’ H.R. service center experience, familiar with total rewards tools and processes preferred.
- Proficient use of applicable technology and MS Office Excel
- Able to work non-standard work hours.
- English, Malay and Mandarin fluency, read, written and spoken.

Required behaviors and skills:

- Strong communication, interpersonal, listening, and customer service focus.
- Ability to handle multiple/complex requests in a timely manner.
- Able to work in teams effectively and excellent analytical and problem solving skills
- Ability to handle confidential and sensitive information and maintain objectivity under pressure.
- Exhibits knowledge of HR operations, transactions and possesses working knowledge of HR policies, practices, and procedures.
- Strong attention to detail and excellent organizational skills.

LI-JC1

Relocation Available:
No

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