Compensation & Benefits Professional

1 week ago

Markham, Ontario, Canada Honda Canada Full time

Compensation & Benefits Specialist

This role is a crucial part of Honda Canada’s Total Rewards team, providing support for various processes and programs within Compensation, Benefits, and Pension.

Responsibilities:

  • Act as a Subject Matter Expert (SME) to Associates and Retirees for any questions related to the benefits program;
  • Oversee the annual Active and Retiree enrollment program;
  • Maintain data accuracy in pension and benefits systems;
  • Conduct Benefits orientation for new hires;
  • Work with internal contacts and service providers to resolve claims, coverage, and service issues;
  • Partner with HR Business Partners, Payroll, and vendors in the administration and accurate processing of all STD and LTD claims;
  • Find solutions/provide recommendations on the leave of absence process.

Pension Administration:

  • Act as an SME to Associates and Retirees for any questions related to the company pension program;
  • Responsible for ensuring accurate and timely processing of all member transactions including retirement, termination, and death;
  • Communicate with Manulife, the payroll team to reconcile DCPP/RRSP/TFSA remittance;
  • Promote, support, and educate Associates, HRBPs, and the HR administration team on pension benefits;
  • Complete and submit benefits and pension-related surveys, audit queries, and regulatory filings;
  • Prepare monthly Defined Benefits funding report;
  • Reconcile 3rd-party administration data on a monthly basis ensuring all changes in Workday are reflected in 3rd-party systems;
  • Collect and compile annual data through the 3rd-party administration system for annual pension audits;
  • Support the development and execution of pension programs.

Compensation Analysis:

  • Participate in the Job Evaluation Committee;
  • Evaluate Honda's roles and recommend grade level to the business;
  • Manage the external compensation and job evaluation database;
  • Participate and complete annual compensation survey data;
  • Develop salary adjustment and bonus recommendation based on the company budget.

Requirements:

  • A relevant Bachelor's degree or College Diploma in Business Administration or Human Resources;
  • 1 to 3+ years of experience in Pension, Benefits & Compensation for a multi-province national company;
  • Certified Employee Benefit Specialist (CEBS) designation or working towards;
  • Certified Human Resources Professional (CHRP) designation is an asset;
  • Certified Compensation Professional (CCP) designation is an asset;
  • Strong financial and business acumen coupled with strong analytical, process, and detail orientation;
  • Experience with HR information systems, knowledge of Workday is an asset;
  • Excellent interpersonal and relationship-building skills;
  • Expert knowledge of Excel; Proficiency with MS Office (Word, PowerPoint, Outlook); experience with database reporting programs;
  • Develops and maintains solid and respectful working relationships with all members of the Payroll, Finance, and HR teams;
  • Spoken and written communication skills in both French and English is an asset;
  • Develops and maintains good working relationships with internal and external stakeholders;
  • Ability to work in a constantly evolving environment.

Honda Canada Inc. offers a competitive salary range between $80,000 and $120,000 per annum, commensurate with experience. This position also includes a comprehensive benefits package and opportunities for professional growth and development.

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