Position Title: Compensation and Benefits Manager/Sr Manager

Brand: LVMH Watch & Jewelry (TAG Heuer and Zenith Watches

Reports to: Vice-President of HR – Watch & Jewelry Americas

Location: Springfield, NJ (Hybrid: 3 days in office; 2 days WFH)

FLSA Status: Exempt

Position summary:

The C&B Manager is primarily responsible for leading all aspects of the organization's compensation and benefit programs, payroll, policies, and procedures ensuring alignment with the corporate business strategy and achievement of competitive market position for both corporate and retail populations across the Watch & Jewelry division in the Americas. This includes oversight and day to day management of the headcount reports and overhead budgets. Additionally, they assist and support the Human Resources Vice-President in other key projects and HRIS implementations. They will also manage a Payroll and Benefits Specialist. The C&B Manager is responsible for ensuring that our programs meet the employee’s needs, follow legal requirements, and are efficient.

Main responsibilities:

COMPENSATION AND BENEFITS (60%)

The C&B Manager ensures the compensation and benefits programs enhance the organization's ability to recruit and retain employees. Rewards and benefits include: salaries and bonuses plus employee benefits, such as 401K, insurance coverages, relocation, and any others.

• Identify and determine the causes of problems related to compensation and benefits and develop recommendations for improvement.
• Ensure all compensation and benefits processes satisfy corporate philosophy, and provide the most efficient and effective outcomes for the business.
• Provide a proactive and innovative approach to employee compensation & incentive strategy and employee benefits programs.
• Facilitate learning and knowledge transfer that contributes to elevating the level of HR and Line Management capability in total rewards.
• Research and prepare arguments to deliver greater business efficiencies and/or competitiveness (incentive/bonus programs, HRIS, payroll solutions, benefit provision, salary packaging, etc.).

Compensation

• Support and ensure internal pay equity by managing employees’ perception and providing clear communication on our processes and philosophy
• Ensure that the company remains externally competitive through the development and maintenance of competitive salary ranges by means of researching market data, participating in relevant salary surveys and collaborating with LVMH C&B teams. Ranges should thereby attract, retain, reward and empower employees at all levels of the organization.
• Design, evaluate and modify compensation policies to ensure that programs are current, competitive and in compliance with legal / LVMH requirements.
• Orchestrate the annual review process, including salary, bonus & benefits increases analysis, etc...

Benefits

• Identify and implement benefits to increase the quality of life for employees, by working with LVMH and researching benefits issues.
• Work as escalation point to the payroll & benefits specialist to address employees issues
• Management of the benefits component of all expatriates
• Be responsible for Open Enrollment, Leave of Absence and Workers compensation process.

HRIS (20%)

• Act as the Americas point of contact for HRIS transformation projects
• Run and ensure accuracy of records and optimization of databases
• Optimize record keeping process and drive digitalization efforts of all HR data in collaboration with IS/IT, Legal and Compliance departments

BUDGET PLANNING & REPORTING (10%)

• Prepare and maintain the Headcount reports and overhead budgets both for Financial reporting, analysis, planning, and control under the direction of the VP HR.
• Strategic and analytical reporting for Overhead budget across businesses
• Development of qualitative and quantitative reporting to assist the leadership team with planning and decision making
• LVMH Annual Reporting process, ensuring timely and accurate delivery of information
• Lead any other report/project as needed by the business

PAYROLL (10%)

• Lead and handle audit process for benefits payments and all payroll deductions
• Validate and oversee payroll process handled by the payroll & benefits specialist
• Ensure optimized and compliant payroll management across all entities.
• Lead payroll and time out set up and implementation of new locations (new retail locations or offices) and maintain compliance with all state/provinces regulations

KNOWLEDGE, SKILLS & ABILITIES

• Bachelor’s degree or equivalent required, with a major in Business, Finance or HR preferred
• Confirmed experience in Compensation & Benefits Management. Retail industry experience a plus
• Experience being responsible for payroll process in North America strongly preferred
• Experience in collecting, analyzing and interpreting statistical data (both internal and external) for planning and decision making
• Knowledge of principles and procedures for compensation and benefits, and HR information systems.
• Knowledge of HR practices and trends, including standard methodologies
• Knowledge of federal, state and local labor laws, legal codes, government regulations, and agency rules
• Knowledge of transactional HR procedures, handling files and records, crafting processes, and other procedures and terminology.
• Knowledge of economic and financial management principles and practices, the financial and labor markets, and the analysis and reporting of financial data i.e., budgets; workforce planning.
• Strong project management, analytical and critical thinking skills
• Excel Advanced level required (filters, pivot tables, conditional formulas, V-Look Ups) and HRIS (Success Factor, UltiPro or ADP a plus) experience required
• Attention to detail, accuracy and organization required
• Customer service attitude
• Must be a self-starter, able to think a task or project through all vital steps and follow through
• Solid written, oral, and interpersonal communication skills are critical
• Flexibility- willing to help with projects as needed and able to balance multiple priorities and reprioritize as needed on a perpetual basis
• High level of integrity and confidentiality
• Takes initiative and is innovative and creative, as proven by implementation
• Displays integrity in all business practice; is trustworthy and conscientious
• Ability and willingness to attend meetings in Manhattan on a monthly basis and travel domestically up to 5%.