Manager: Compensation & Benefits

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Date: 17 Apr 2026

Location: Cape Town, ZA

Company: Engen Limited

Who You Are

  • You are a strategic thinker with strong analytical and financial acumen.
  • You are able to manage budgets, assess financial impacts and build a business case for recommendations.
  • You have ability to align strategies with overall business objectives, ensuring cost efficiency while driving employee engagement and retention.
  • You are a natural leader who can inspire and develop teams, foster knowledge transfer, and build strong relationships across all levels of the organization and with external stakeholders.
  • You are skilled at managing change and ensuring smooth transitions while maintaining compliance and governance standards.
  • You have high ethical standards with a strong commitment to corporate governance, risk management, and adherence to legislative requirements.
  • You have the ability to anticipate market trends, benchmark best practices, and introduce innovative reward strategies that strengthen the Employee Value Proposition.

What You Will Be Doing

  • Develop and manage annual salary budgets, short-term and long-term incentive plans (STIP & LTIP).
  • Oversee pension fund surplus utilization and ensure compliance with legislative requirements.
  • Design and maintain reward strategies, retention programs, and technical ladders to support capability development.
  • Manage Executive Remuneration and prepare & present proposals to the Remuneration Committee (REMCO).
  • Ensure effective governance of Employee Share Ownership Plans and benefit funds.
  • Lead policy development for retirement, medical, insured benefits, and reward programs.
  • Build strong relationships with internal and external stakeholders, including Discovery Health, Momentum Life, Alexander Forbes, and regulatory bodies.
  • Market Analysis – Conduct job evaluations and market benchmarking to ensure pay is both internally equitable and externally competitive.
  • Payroll Oversight – Collaborate closely with the GBS Payroll team to ensure accurate and timely payment of salaries, bonuses and statutory deductions.
  • Compliance and Reporting including internal and external Audit requirements – Ensure all program and procedures comply with current laws and prepare necessary statistical and regulatory reports.

What You Have Done

Baseline

  • NQF Level 7 Degree in Accounting/ Finance
  • 10 years experience managing the Finance/ Compensation function (operating at Senior Management level)
  • 5 years HR Reward experience.
  • Strong knowledge of Labour Acts (LRA, BCEA, EEA) and Employee Share Schemes.

Advantageous

  • CA(SA), Global Rewards Practitioner Certification. 

 

Challenges in the Role

      

  • Building constructive relationships to foster industrial harmony.
  • Regulatory and legislative changes that constantly require continuous compliance.
  • Maintaining compliance with union agreements and labour legisltion

Working Conditions

  • Travel required

Job Advert Closing Date:  All job adverts close five days after date posted

 

Engen’s approved Employment Equity plans and targets will be considered as part of the recruitment process.

We welcome applications from people with disabilities. Let us know how we can accommodate you to participate in the recruitment process.

 

 

Important Information:

  1. The appointment will be made in line with Engen's Employment Equity Strategy.
  2. All applications must be submitted to the contact person/ numbers provided & in the manner requested.
  3. If  not submitted by the closing date, your application will automatically not be considered.
  4. Engen does not guarantee that you will be called for an interview or appointed by virtue of your application.
  5. Engen reserves the right not to make an appointment. 


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