Job Description
Payroll Processing:
- Process payroll for all employees, including calculating salaries, wages, bonuses, overtime, and deductions.
- Ensure the accurate and timely payment of employees.
- Maintain and update employee payroll records, including leave balances, tax information, and deductions.
Compliance and Reporting:
- Ensure compliance with relevant labor laws, tax regulations, and company policies.
- Prepare and submit payroll tax returns (e.g., income tax, social security, superannuation) in a timely manner.
- Generate and submit payroll reports to management and relevant authorities.
- Stay updated with changes in payroll-related legislation and best practices.
Employee Inquiries:
- Respond to employee inquiries related to payroll, deductions, and benefits.
- Provide employees with information regarding their pay, leave entitlements, and deductions.
Record-Keeping and Documentation:
- Maintain accurate and confidential payroll records.
- Update payroll data such as new hires, terminations, promotions, and changes in employee benefits or compensation.
Deductions and Benefits Management:
- Administer and process employee benefits such as health insurance, retirement contributions, and other deductions.
- Ensure correct deductions for taxes, pension contributions, and other employee benefits.
Reconciliation and Audits:
- Reconcile payroll discrepancies and resolve any payroll-related issues.
- Prepare and assist with internal and external audits of payroll-related records.
Reporting and Analysis:
- Provide payroll-related reports to HR and Finance departments for analysis and budgeting.
- Assist with year-end reporting.
- Confidentiality and Security:
- Maintain strict confidentiality regarding employee compensation and personal data.
- Ensure that all payroll data is securely stored and processed.
RequirementsEducation:
- High school diploma or equivalent (required).
- Associate's or Bachelor's degree in Accounting, Finance, Human Resources, or a related field (preferred).
Experience:
- Previous experience in payroll administration or related roles (1-3 years is typical).
- Knowledge of payroll software and systems (e.g., ADP, QuickBooks, SAP, etc.).
Skills:
- Strong understanding of payroll laws and regulations.
- High attention to detail and accuracy.
- Proficiency in MS Excel and payroll software.
- Excellent organizational and time management skills.
- Strong communication skills and the ability to handle confidential information.