Payroll Accountant

About the Role
The Payroll Accountant is responsible for ensuring payroll compliance with company policies, tax regulations, and labor laws. This role is critical in maintaining accurate financial reporting related to payroll activities.

Job Responsibilities

• Review end-to-end payroll processing, including salary calculations, overtime, bonuses, and deductions to ensure accuracy and compliance.
• Calculate and process payroll taxes, social security contributions, and other statutory obligations according to local regulations.
• Maintain up-to-date employee records for leave, gratuity, and air ticket provisions.
• Conduct regular internal audits of payroll procedures to ensure accuracy and compliance with policies.
• Collaborate with the finance department for payroll postings in the general ledger (GL).
• Oversee payroll system updates and troubleshoot any software issues in collaboration with IT.
• Stay updated with changes in labor laws, tax regulations, and industry standards to ensure compliance.
• Identify opportunities to enhance payroll processing efficiency and implement improvements.
• Safeguard sensitive employee information and maintain strict confidentiality regarding payroll data.
• Ensure all active employees have bank accounts set up for payroll.

Job Knowledge & Skills

• Strong understanding of payroll principles, taxation, and labor laws.
• Knowledge of financial accounting principles and practices.
• High attention to detail and accuracy.
• Ability to handle confidential information with integrity.
• ERP knowledge, preferably SAP functional skills, are required to be successful in this role.

Job Experience

• Minimum of 5 years working experience in accounting, auditing, or finance.
• 1-2 years of working experience in audit or compliance is required.

Competencies

• Agility
• AI Fluency
• Leadership
• Payroll & Benefits Administration L2
• Payroll Administration L2
• Payroll Deductions L2
• Payroll Processing and Reporting L2
• Payroll Reconciliation L2
• Quality
• Resilience

Education

• Bachelor’s Degree in Finance, Accounting, Economics, Public Administration, Business Administration, or a related field.
• Certification as a Certified Public Accountant (CPA) or Association of Chartered Certified Accountants (ACCA) is preferred.