About the role
Payroll; Report Time; Manage Pay; Report Payroll Taxes
Purpose of Position
This role is responsible for managing the organization’s payroll processes, reporting Payroll taxes ensuring accurate and timely payment of salaries, compliance with government regulations, and maintaining employee payroll records. This role requires a strong understanding of payroll procedures and best practices, as well as excellent analytical and problem-solving skills.
Involves the application of specialist knowledge which may include providing specialist advice to employees, management or customers, managing or maintaining systems or processes or completing projects to develop or changing systems or processes as appropriate
Key Activities / Accountabilities
Liaise with Payroll outsourcing vendor ensure timely delivery of services in line with payroll cycles and accurate payment to the employees.
Participate in regular service/ production call with the Payroll Outsourcing vendor.
Process payroll transactions include salaries, benefits, garnishments, taxes, and other deductions.
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.
Accurately process and reconcile payroll data for employees on a timely basis, ensuring compliance with company policies and relevant regulations.
Process payroll adjustments, including bonuses, commissions, and overtime, accurately reflecting these changes in payroll calculations.
Prepare the relevant Payroll journal entries and execute the reports related to payroll.
Month-end closing activities: Review the payroll journal entries, reconcile payroll, statutory contribution, compensation/personal income tax and C&B accrual versus what recorded in Oracle Financial Cloud system.
Act as the key point of contact and support for local, regional, and global Payroll taxation & statutory contribution matters.
Respond promptly to payroll-related inquiries from employees, addressing concerns and providing assistance as needed.
Stay up to date with payroll trends, tax changes, and new technologies in payroll processin…
