Full-Time

People & Culture Generalist

Posted on 8/22/2024

KOHO

KOHO

201-500 employees

Prepaid Visa cards and financial management 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 modern banking alternative through its prepaid Visa cards and mobile app, designed for individuals seeking better financial management without the fees of traditional banks. Users can earn cash back on purchases, build credit, and access their paychecks early. The app and card are free to use, with revenue generated from merchant interchange fees and optional premium services. KOHO stands out by targeting tech-savvy consumers who value transparency and convenience in managing their finances.

Company Stage

Debt Financing

Total Funding

$300.5M

Headquarters

Toronto, Canada

Founded

2014

Growth & Insights
Headcount

6 month growth

-9%

1 year growth

-12%

2 year growth

-13%
Simplify Jobs

Simplify's Take

What believers are saying

  • KOHO's AI tool for fraud detection enhances user trust and safety.
  • The company's expansion into renters insurance diversifies its product offerings.
  • Securing $190 million CAD supports KOHO's efforts to obtain a Canadian banking license.

What critics are saying

  • Increased competition from fintech companies like Wealthsimple could impact KOHO's market share.
  • Potential regulatory changes may threaten KOHO's reliance on interchange fees for revenue.
  • Delays in obtaining a banking license could hinder KOHO's product expansion efforts.

What makes KOHO unique

  • KOHO offers a modern alternative to traditional banking with prepaid Visa cards.
  • The company provides unique financial management tools like cash flow projections and spending insights.
  • KOHO's partnership with the NBA enhances brand visibility and customer engagement in Canada.

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Benefits

Wellness Program

Paid Vacation

Parental Leave

Remote Work Options

Home Office Stipend

Professional Development Budget

Company Equity

INACTIVE