CENTRAL ENERGY FUND (CEF)

REMUNERATIONS AND BENEFITS MANAGER

Sandton, South Africa

INTERNAL AND EXTERNAL VACANCY: REMUNERATION AND BENEFITS MANAGER

CEF SOC

CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

JOB PURPOSE:

Ther Remuneration and Benefits Manager is responsible for the development, implementation and management of the organisation’s remuneration, benefits and payroll governance frameworks to ensure internal equity, external competitiveness, regulatory compliance and operational efficiency.

REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Matric and Bachelor’s degree in Human Resources, Finance or equivalent qualification.
• Minimum of 5 years’ experience in remuneration, benefits and payroll management, with 1 to 3 years in a senior management capacity.
• Experience in remuneration strategy, salary benchmarking and job evaluation
• Experience with managing payroll governance and benefits administration
• Experience in HRIS and payroll systems optimisation
• Certified Compensation Professional will serve as an added advantage.
• Honour’s degree (NQF 8) in Human Resources/Finance or equivalent qualification will serve as an added advantage.

DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Knowledge on Job evaluation methodology (Peromnes is preferred)
• Remuneration benchmarking (internal and external) and reward governance knowledge
• Executive and specialist remuneration principles
• Knowledge Employee Benefits structures, HR analytics and reporting
• Broad conditions of Employment Act, Income Tax Act, Pensions Funds Act
• Advanced SAGE 300 and excel skills (reporting)
• Advanced remuneration benchmarking and market analysis skills
• Advanced decision making, problem-solving and numerical reasoning skills
• Policy development and interpretation skills
• Financial and Numerical analysis skills
• Ability to manage budget, Salary modelling and forecasting
• Incentive, Short-term incentive design and reward strategy development
• Ability to work under pressure and to coordinate complex exercises
• Ability to manage team, people and workflow

KEY PERFORMANCE INDICATORS:

Remuneration and Reward Management

• Develop and implement remuneration strategies, frameworks and guidelines aligned to organisational objectives and market trends.
• Conduct salary benchmarking and market analysis.
• Manage annual salary review and incentive processes.
• Provide remuneration advisory services to management.
• Support job evaluation and grading processes by providing the value of a role
• Monitor remuneration trends and recommend improvements.

Benefits Management

• Manage employee benefit programmes including retirement funds, medical aid, risk benefits and wellness-related benefits.
• Liaise and coordinate with benefit providers and brokers.
• Review and recommend benefit enhancements aligned to market practices.
• Ensure employee awareness and understanding of benefits.
• Monitor benefit costs and utilisation trends.
• Resolve escalated employee benefit queries.

Payroll Governance and Oversight

• Oversee payroll operations to ensure accurate and timely payroll processing.
• Monitor payroll controls and approval processes.
• Ensure payroll compliance with legislation and company policies.
• Review payroll reports and reconciliations.
• Manage payroll audits and implement corrective actions.
• Coordinate payroll-related stakeholder engagements.

Reward Governance and Compliance

• Develop and maintain remuneration and benefits policies, procedures and frameworks.
• Ensure compliance with labour legislation, tax legislation and governance requirements.
• Monitor governance risks related to remuneration and payroll.
• Provide governance reports to management and governance structures.
• Support internal and external audit processes.

Reporting and Analytics

• Prepare remuneration, payroll and benefits reports for management and governance structures.
• Analyse remuneration and payroll trends and provide recommendations.
• Monitor remuneration expenditure and headcount trends.
• Support workforce planning and budgeting processes.

Stakeholder and vendor management

• Manage relationships with payroll, benefits and remuneration service providers.
• Monitor vendor performance against service level agreements.
• Engage with internal stakeholders on REM-related matters.
• Coordinate communication relating to remuneration and benefits matters.

Team Leadership

• Lead and manage the REM and payroll team
• Allocate work and monitor team performance
• Develop team capability and technical competence.
• Conduct performance management and coaching sessions.

Closing Date:  15 August 2026

NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right not to fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.

Department: Corporate Services

Contract Type: Permanent

PLEASE APPLY HERE