Payroll Accountant
Job description
Job DescriptionPayroll Accounting:- Perform monthly payroll salary runs, ensuring accurate calculations and compliance with relevant laws and regulations.
- Coordinate with HR to ensure accurate and timely processing of payroll changes, including new hires, terminations, and salary adjustments.
- Liaise with the bank for colleague's bank card requests and resolve any payment-related issues.
- Provide support to the payroll team and contribute to process improvements.
- Ensure payroll records and documentation are securely maintained and organized for efficient retrieval during audits.
- Address colleague queries promptly, providing accurate and courteous responses.
- Perform ad-hoc reporting, analysis, or projects as required.
Payroll Accounting Responsibilities:- Assists in preparing the monthly payroll review pack.
- Prepare monthly payroll cutoff reports for Manager’s review.
- Prepare monthly payroll-related journals, posting to the general ledger.
- Prepare monthly balance sheet schedules.
- Review of monthly time management reports.
- Assist with year-end reporting requirements.
Payment Processing:- Perform final settlement and salary advance calculation and ensure timely payment.
- Process employee benefits payments, including housing loan repayments, education allowances, and other entitlements.
- Coordinate with the Pension authorities to ensure timely payment of contributions.
System Maintenance:- Assume time management super user duties for MX and MD, resolving issues, ensuring timecards are finalized by cutoff dates.
- Perform random timecard audits and report any discrepancies.
- Ensure the ERP system is timely updated with costing assignments.
- Collaborate with IT to resolve any system issues and support upgrades or enhancements.
Requirements:- Higher Secondary or equivalent to the essential statement of Bachelors in Business / Accounting / Finance
- Minimum 3 years’ experience in a Payroll or Accounting related field
- High attention to detail
- Excellent communication and interpersonal skills
- Ability to work under pressure
- Maintains strict confidentiality
- Proficient working with Excel, Outlook, Oracle and KRONOS
- Time management skills
- Knowledgeable about UAE Labor Law