About the Role
Providing specialist advice and assistance across the organisation on a range of policy, procedural, and governance matters related to Payroll & Payments. This role includes the implementation and continuous improvement of the Pay Risk framework. The successful candidate will monitor daily and monthly transactions, manage cost booking, and develop disclosures for effective communication with both external and internal auditors.
Ready to apply for roles like this?
Unlock the company name and direct application link. Subscribers get instant access to fresh jobs across Dubai, Abu Dhabi and Riyadh, many with visa support.
Unlock employer & apply directly
Key Responsibilities
Payroll & Payments Governance
- Manage and perform payroll accounting and GL booking activities for UAE, KSA, Bahrain, Kuwait, and Oman, including preparation and review of journal entries, review of all general ledger postings, reconciliation of bank accounts, and reconciliation of sub-ledgers for daily/monthly transactions.
- Establish and monitor internal controls to ensure that accounting standards are met; develop and implement policies and procedures relating to accounting activities.
- Coordinate with Group Finance to manage the month-end and year-end close process and prepare related reports.
- Act as the point of contact with internal and external auditors from the payroll function. Prepare various payroll and accounting reports for annual and ad-hoc audits and maintain an action plan for implementing audit recommendations.
- Manage and implement the HR Payroll & Payment Risk Framework, including RCSA, KRI, and Standard Operating Procedures (SOPs); report any risk incidents in accordance with the company's internal guidelines and procedures.
- Administer accounts with third-party vendors, including payment management.
- Oversee and monitor monthly provisions and amortization bookings, ensuring that updates reflect relevant RC and periods as per OE direction and finance budget YTD costs.
- Monitor incentives, life and medical insurance payments; track costing and booking entries.
- Monitor pension compliance dashboard; identify and implement action plans for improvement and corrective actions.
Team Supervision
- Organise and supervise the work of the assigned team to ensure efficient execution of tasks consistent with operating procedures and policies.
- Provide on-the-job training and constructive feedback to support team development.
- Promote the organisation's values and ethics within the team, fostering a values-driven culture.
- Strive to achieve the highest proficiency levels in all competencies and skills required for the role.
Policies, Systems, Processes & Procedures
- Provide inputs for and implement policies, systems, and procedures for the assigned team to meet all relevant procedural/legislative requirements, delivering a quality, cost-effective service.
Continuous Improvement
- Participate in identifying opportunities for continuous improvement and sustainability of systems, processes, and practices, considering global standards, productivity improvements, and cost reduction.
- Evaluate system capabilities for accuracy, integrity, and functionality to identify potential enhancements.
Customer Orientation
- Identify current and future customer needs and respond with relevant and creative solutions.
- Establish the company as the preferred partner for customers and build long-term relationships benefiting the bank.
Persuasion and Influence
- Persuade and convince others to take actions that benefit the bank and customers, clearly identifying and understanding situations and responding appropriately when interacting with individuals and groups.
Analyzing and Solving Problems
- Understand problems by breaking them into smaller parts and assessing risk-return implications systematically.
- Make logical comparisons of possible outcomes and formulate the best possible solutions while operating within the governance framework and approved authorisation matrix.
Requirements / Qualifications
Minimum Qualification
- Bachelor’s degree in HR/Finance or a related discipline.
Minimum Experience
- 6 years or more of relevant experience in payroll and finance functions, with at least 5 years in progressively increasing managerial roles.
Skills
- Customer Orientation
- Persuasion and Influence
- Analyzing and Solving Problems
Contract, Travel, and Benefits
- Details regarding contract duration, travel requirements, and specific benefits provided will be discussed during the interview process.
