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Full-Time

People & Culture Generalist

Confirmed live in the last 24 hours

KOHO

KOHO

201-500 employees

Reloadable prepaid Mastercard and savings app

Fintech
Financial Services

Compensation Overview

$65k - $85kAnnually

Junior, Mid

Remote in Canada

Category
Human Resources
People & HR
Required Skills
Human Resources Information System (HRIS)
Requirements
  • Bachelor’s degree in Human Resources, Business Administration, or a related field.
  • 2+ years of experience in human resources, with a combination of experience or exposure to payroll, recruitment, employee relations, compliance, and P&C administration.
  • Exposure or willingness to learn payroll (e.g., ADP).
  • Proficiency in P&C software (HRIS) and Google Suite, an asset.
  • High level of professionalism, excellent organizational & analytic skills and the ability to handle competing priorities and project work.
  • Ability to handle sensitive information with discretion.
Responsibilities
  • Process payroll in an accurate and timely manner for all employees on a regular schedule (semi-monthly) using our Payroll Systems for Canada (ADP) and the USA (EquityHR).
  • Maintain and update payroll records, including employee information, hours worked, and pay rates.
  • Identify and resolve any discrepancies or issues in payroll processing.
  • Generate payroll reports for management and finance.
  • Facilitate the onboarding process for new hires, including orientation and training.
  • Add all new employees into KOHO’s benefit and employee programs.
  • Prepare appropriate exit documentation, conducting exit interviews and synthesizing data to present to leadership.
  • Admin for KOHO’s HRIS. This includes backend updates, BI reports, LMS, Employee Engagement, Time-Off and Performance Reviews.
  • Maintain accurate and up-to-date employee records in the appropriate systems (HRIS, Benefit Programs and internal repository).
  • Prepare P&C reports and metrics, as needed.
  • Support the P&C team in various administrative tasks.
  • Serve as a point of contact for employee inquiries and concerns using our internal Help Desk.
  • Support our KOHO Connection Programs.
  • Tracking participation and budgets, developing and analyzing surveys.
  • Assist in KOHO’s annual company retreat.
  • Support the performance & compensation review process, including developing templates, tracking schedules and ensuring timely completion.
  • Assist in developing performance improvement plans and monitoring progress.
  • Ensure compliance with local employment laws and regulations.
  • Assist in developing, updating, and implementing policies and procedures.
  • Participate in P&C projects and initiatives as assigned.

KOHO offers a reloadable prepaid Mastercard and a free spending and savings account designed for Canadians, allowing users to earn up to 4.5% interest on their entire balance and get 1% cash back on everyday purchases. The product runs on the Mastercard network, offers a virtual card for online purchases, and is supported by a smart budgeting app, aiming to empower users to manage their finances effectively.

Company Stage

Series D

Total Funding

$316.3M

Headquarters

Toronto, Canada

Founded

2014

Growth & Insights
Headcount

6 month growth

5%

1 year growth

6%

2 year growth

-10%
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Simplify's Take

What believers are saying

  • KOHO's successful funding rounds and growing user base indicate strong financial health and potential for continued expansion.
  • The company's innovative product offerings, such as Credit Building and high-interest savings accounts, provide valuable financial tools to consumers.
  • Partnerships with organizations like Hyr and Manzil demonstrate KOHO's ability to diversify its services and reach new customer segments.

What critics are saying

  • The competitive fintech landscape in Canada requires KOHO to continuously innovate to maintain its market position.
  • Securing a banking license is a complex and lengthy process that could face regulatory hurdles and delays.

What makes KOHO unique

  • KOHO's strategic partnerships, such as with the NBA and Manzil, enhance its brand visibility and cater to niche markets, setting it apart from other fintech companies.
  • The company's focus on democratizing access to financial products and wealth creation, combined with its mobile-first approach, appeals to a broad range of consumers.
  • KOHO's pursuit of a Canadian banking license and its significant funding rounds, including a $210 million Series D, underscore its commitment to growth and innovation.