Compensation & Benefits Manager - London

Location: London, United Kingdom Workplace: hybrid Compensation & Benefits Manager Location: London Reports to: Head of HR, Global Works closely with: People Team & Finance Team About Us Sokin is a next-generation B2B financial services provider, enabling businesses to make and receive global payments with greater speed, lower cost, and total transparency. Our mission is simple: we’re unifying the best of business banking. We deliver services across: Global payments and receivables Foreign Exchange (FX) Treasury management Finance reconciliations We are rapidly expanding, with established presence in EMEA, APAC, and North America.  Backed by a strong global infrastructure and industry-leading partners, we are redefining how businesses move money worldwide. Our clients span industries from sports and entertainment to logistics and travel, and our community is growing rapidly. As we continue to expand, we’re building a team of exceptional people who share our ambition to transform the future of global payments. The Role This is a highly cross-functional role: you’ll work closely with Finance, including the CFO and Head of FP&A, to ensure our reward decisions are commercially sound and financially sustainable. Key Responsibilities Compensation Develop and maintain salary structures, job levels, and pay bands using market data and benchmarking Lead annual salary review, bonus, and equity/long-term incentive cycles, including modelling, budgeting, and communications Advise managers and People Partners on offers, promotions, and pay adjustments Run job evaluation and levelling to ensure internal equity and consistency Conduct regular pay equity analysis, and gender and ethnicity pay gap reporting where required Finance Partnership Work closely with the Head of FP&A to develop and maintain accurate salary and employee benefits cost forecasts and budgets, including salary reviews, bonuses, employer taxes, pension contributions and other employee-related costs, in collaboration with the Talent team. Partner with the CFO on reward strategy, providing financial modelling and scenario analysis to support decisions on pay budgets, incentive plans, and equity Partner with Finance to develop salary review and bonus budgets, and manage the annual compensation review process to ensure proposed awards align with agreed budgets Collaborate with Finance on the tax treatment of equity, bonus accruals, and benefits costs Provide regular reporting to Finance and the CFO on people costs, pay competitiveness, and cost-versus-value of benefits Support Finance with business cases, ROI analysis, and board or investor materials relating to reward Benefits Manage the full benefits portfolio (e.g. pension/retirement, health and life insurance, wellbeing, leave, and flexible benefits) Manage relationships with benefits brokers, insurers, and providers, including renewals and tenders Evaluate new benefits offerings and monitor take-up and employee satisfaction Ensure benefits communications are clear, accessible, and engaging Governance and Analytics Ensure compliance with employment, tax, and pensions legislation across all operating locations Build dashboards and reporting on compensation costs, pay competitiveness, and benefits utilisation Support the remuneration committee or leadership with data, proposals, and market insights Own relevant policies, documentation, and audit readiness Operations and Projects Partner with Finance on headcount planning, budgeting, and cost forecasting Work with Payroll and HRIS teams to ensure accurate data and smooth processes Contribute to M&A, international expansion, and organisational design work from a reward perspective Requirements Essential 5-7 years of experience in compensation and benefits, reward, or a related HR analytics role Strong analytical and financial modelling skills, with advanced Excel/Google Sheets Hands-on experience with salary benchmarking tools and surveys (e.g. Radford, Mercer, Korn Ferry, Willis Towers Watson) Solid knowledge of employment, tax, and benefits regulations in relevant jurisdictions. Experience running an annual pay review cycle end to end Excellent communication skills, with the ability to explain complex topics simply to employees and executives High attention to detail and strong judgment when handling confidential data Desirable Experience in fintech, technology, or a high-growth environment Experience with multi-country reward and equity plans Familiarity with HRIS and compensation platforms (e.g. BambooHR and Pave) Experience with pay transparency and pay equity regulations Key Competencies Commercial and business-minded Confident influencing senior finance and executive stakeholders Data-driven and analytical Fair, ethical, and discreet Collaborative and consultative Comfortable operating with ambiguity and changing priorities Please note, candidates will need to have the right to work in the jurisdiction that they are looking to work in. Sokin is an equal opportunities employer and committed to maintaining an inclusive work environment. As a growing global startup with bases across multiple countries, we were established on and continue to promote an agile, flexible working culture. Please reach out to discuss any accommodations you may require during the recruitment process.