Manager Payroll (2441-MP)

Our client in the financial sector is seeking to recruit a Manager Payroll.

The Manager Payroll position will be responsible for managing the organization's payroll function end to end. The incumbent should be able to deliver value-added service to management and employees while ensuring pay is processed on time, accurately, and in compliance with internal policies, processes and regulations. The incumbent will maintain an effective level of business literacy in the HR department.

Responsibilities:

• Implement, maintain, and review payroll processing systems to ensure timely and accurate processing of payroll transactions (both local and international) including salaries, benefits, taxes, other deductions and reconciliation of General Ledger accounts.
• Ensure accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.
• Prepare and maintain accurate records and reports of payroll transactions.
• Responsible for quality control and auditing to ensure accuracy and low error or defect percentage
• Work with cross-functional internal partners to resolve payroll matters and employee inquiries, providing ongoing daily support and subject matter expertise.
• Provide HR/Payroll support services to stakeholders according to government compliance and business needs.
• Take ownership of deliverables and projects.
• Manage related tasks to ensure completeness, accuracy and timeliness of documentation.
• Proactively participate and deliver on requirements for payroll related auditing.
• Proactively take on opportunities to review and contribute to policies, procedures and process improvements.
• Define and produce MIs and reporting on regular basis.
• Be able to proactively highlight risks and take action to mitigate them by executing corrective and preventive action plans.
• Responsible for planning, budgeting and forecasting of staff costs.
• Provide advice and make recommendations to ensure payroll best practice, efficient and effective use of the system.
• Ensure the integrity of the payroll system at all times.
• Ensure timely communication is done regarding employee declarations, returns, etc.
• Ensure statements of emoluments are prepared as per legal requirements and communicated to all employees by end of each financial year.

Profile:

• Degree in Accounting, Business Administration, Human Resources, or related field.
• Minimum of 5 years of experience in the field, with extensive knowledge of the payroll function including preparation, balancing, internal control, and payroll taxes.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Excellent organizational skills and attention to detail.
• Business Communication Skills (written and verbal).
• Reporting Skills.
• Proficient with MS Office or related software, including an HR Software/Payroll software proficiency.
• Good understanding of related payroll legislations, remuneration benefits, taxation regulations for both local and international.