We are hiring!!
Oracle EBS HCM – Compensation Workbench (CWB) & Payroll Consultant
Location: Remote
Experience Required: Minimum 5 years in CWB implementations
Department: Project Management & Managed Services
About Bayanat
- Bayanat is a leader in digital transformation and managed services, empowering organizations across the Middle East to optimize financial planning, budgeting, and forecasting through cutting-edge ERP solutions.
- We specialize in Oracle ERP implementations, with a focus on driving efficiency, accuracy, and strategic alignment for finance teams.
Job Summary
- We are seeking an experienced Oracle EBS HCM Consultant with strong expertise in Compensation Workbench (CWB), Payroll, and Compensation Management.
- The ideal candidate will have hands-on experience implementing, configuring, and supporting Oracle E-Business Suite HCM modules, particularly:
- Compensation Workbench
- Payroll
- Performance Bonus
- Deferred Bonus
- Bonus Pool Management
- Regulatory compensation frameworks including SAMA compliance requirements
- The consultant will work closely with:
- HR
- Compensation & Benefits
- Payroll
- Finance
- Project Management
- IT teams
- To design and deliver compensation solutions that align with organizational performance management and regulatory requirements.
Key Responsibilities
Oracle Compensation Workbench (CWB)
- Configure and support Oracle Compensation Workbench (CWB) processes.
- Design and maintain:
- Compensation plans
- Budgets
- Worksheets
- Allocation rules
- Configure compensation cycles including:
- Merit increases
- Bonuses
- Incentive payouts
- Manage compensation eligibility criteria and workforce compensation processes.
- Configure approval hierarchies and compensation workflows.
Bonus & Incentive Management
- Implement and support Annual Performance Bonus processes.
- Configure and manage Bonus Pool allocations across business units and departments.
- Design and maintain Performance Bonus calculations based on individual and organizational KPIs.
- Implement Deferred Bonus programs including:
- Multi-year vesting schedules
- Payout tracking
- Configure Bonus Modifier rules aligned with business and regulatory requirements.
- Support compensation governance and audit requirements for incentive compensation programs.
SAMA Compliance
- Configure and maintain compensation structures in accordance with Saudi Central Bank (SAMA) compensation regulations.
- Implement deferred compensation frameworks for Material Risk Takers (MRTs) and other regulated employee groups.
- Support risk-adjusted bonus calculations and bonus modifier mechanisms.
- Ensure compensation processes comply with regulatory reporting and audit requirements.
- Collaborate with Compliance and Risk teams to validate compensation policies.
Oracle Payroll
- Configure and support Oracle Payroll processing and payroll elements.
- Develop:
- Payroll formulas
- Balances
- Element entries
- Fast formulas
- Support:
- Payroll validation
- Reconciliation
- Retro-pay
- Statutory reporting
- Troubleshoot payroll processing issues and provide timely resolutions.
- Ensure accurate integration between:
- Compensation
- Payroll
- HRMS
- Finance modules
Functional Consulting
- Gather and analyze business requirements.
- Conduct solution design workshops and prepare functional design documents.
- Configure Oracle EBS HCM modules based on business requirements.
- Perform:
- SIT
- UAT
- Production deployment activities
- Provide user training and post-production support.
- Prepare functional specifications for technical development and integrations.
Required Skills & Experience
Functional Expertise
- Minimum 5 years of experience in Oracle E-Business Suite HCM.
- Strong hands-on experience with Oracle Compensation Workbench (CWB).
- Extensive experience in Oracle Payroll implementation and support.
- Experience configuring:
- Annual Performance Bonus
- Deferred Bonus
- Bonus Pool Management
- Bonus Modifier Frameworks
- Variable Pay Programs
- Incentive Compensation Processes
- Experience supporting compensation governance and regulatory compliance initiatives.
Oracle EBS Modules
- Oracle Human Resources (HRMS)
- Oracle Payroll
- Oracle Compensation Workbench (CWB)
- Oracle Self-Service HR
- Oracle Performance Management
- Oracle Advanced Benefits (preferred)
Technical Knowledge
- Oracle Fast Formula
- Payroll Elements and Balances
- Oracle Workflow
- SQL and PL/SQL (preferred)
- Interface and data migration support
- Payroll reconciliation and reporting
Preferred Qualifications
- Experience in Banking or Financial Services industry.
- Experience implementing SAMA compensation regulations.
- Oracle HCM Certifications are preferred.
- Knowledge of:
- Compensation governance
- Risk-adjusted compensation
- Deferred incentive structures
Soft Skills
- Strong stakeholder management skills.
- Excellent analytical and problem-solving abilities.
- Effective communication and documentation skills.
- Ability to work independently and manage multiple projects.
- Strong client-facing consulting experience.
To Apply:
Please send your CV and a brief summary of your relevant Oracle HCM CWB experience to:
info@al-bayanat.com
Subject line:
“Oracle EBS HCM – Compensation Workbench (CWB) Consultant”
Only candidates with adequate level of relevant skills and experience should apply to this position.
Join Bayanat to revolutionize digital transformation and empower organizations with data-driven decision-making!