Compensation and Benefits Specialist - Malaysia
Xendit
Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.
Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.
About the Job
Xendit has a unique approach to compensation and benefit management. To help attract and retain the right talent to Xendit, we apply a regionally specific, globally cohesive approach. We're seeking a dynamic C&B Specialist to own and elevate our payroll processes, ensuring staff satisfaction. You'll be a champion for our people, shaping localized policies, guaranteeing compliance, and guiding staff through payroll, ESOP, and taxes.
As a key player in our growing global C&B team, you'll have full ownership of the Malaysia markets. This means single-handedly managing payroll, taxes, manpower regulations, insurance, onboarding, and contracts. You'll also be the voice of your region, influencing our global strategy to ensure fairness and cohesion across all our teams.
Minimum Qualifications
- 3-5 years of experience in Compensation & Benefits Administration, Payroll, and in-depth analysis.
- At least 3 years of experience in a C&B role for Malaysia.
- Strong understanding of local tax and welfare contributions in the Malaysia, with the ability to independently calculate contributions and ensure compliance (e.g., IRB and Department of Labour).
- Strong understanding to maximize the Malaysia HRDF utilization
- Proven track record of independently managing end-to-end payroll processes with meticulous accuracy.
- Deep experience in employee insurance program management, including design and optimization.
- Proficiency with HRIS systems (BambooHR experience is a plus).
- Advanced proficiency in Google Sheets/Excel, using functions like INDEX/MATCH, FILTER, UNIQUE, SORT, DATEDIF, EDATE, EOMONTH, NETWORKDAY, WORKDAY, SUMIFS, COUNTIFS, SUMPRODUCT, etc.
- Ability to create clear, insightful data visualizations and presentations.
- Skilled in using Google Slides/PowerPoint for effective and well-structured presentations.
Preferred Qualifications
- At least 1 year of experience in a C&B role for SEA Country
- Has work experience in startup or fintech industry
- Strong understanding of local tax and welfare contributions in SEA Country
- Knowledge of consultant/contractor regulations and calculations in SEA Country
- Experience in processing immigration applications for foreign staff, including renewals.
- Demonstrated experience in automating tasks and processes to drive efficiency.
Responsibilities
- Own the end-to-end payroll process for Malaysia, ensuring accuracy and compliance.
- Develop and implement localized compensation and benefits policies aligned with global standards.
- Serve as a guide for employees on payroll, tax, and ESOP matters, providing clear communication and resolving inquiries.
- Manage employee insurance programs and other benefits, ensuring compliance and optimization.
- Collaborate with global teams to provide local insights and influence the global C&B strategy.
- Manage onboarding and contracts for new employees, ensuring documentation is compliant with local laws.
- Utilize automation to streamline payroll and benefits processes for enhanced efficiency.