Employee Payments Accountant I alfanar H.O
Description:
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Job Purpose
Responsible for ensuring accurate and timely payroll processing, maintaining compliance with tax and labor regulations, and addressing payment discrepancies. Supports payroll system improvements and assists employees with compensation-related inquiries.
Key Accountability Areas
Payroll Processing:
- Process salaries, bonuses, commissions, and other payments.
- Ensure accuracy and timeliness of all employee payments.
Regulatory Compliance:
- Adhere to federal, state, and local tax laws and labor regulations.
- Stay updated on changes in payroll legislation and compliance requirements.
Deductions & Withholdings:
- Manage statutory and voluntary deductions (e.g., taxes, benefits, garnishments).
- Verify deductions are applied correctly across all payroll cycles.
Payroll System Management:
- Maintain employee payroll records and update systems as needed.
- Ensure employee banking and tax information is current and secure.
Account Reconciliation:
- Reconcile payroll transactions with general ledger accounts.
- Identify and correct discrepancies in financial records.
Reporting & Documentation:
- Prepare and distribute periodic payroll reports to internal stakeholders.
- Support external and internal audits by providing required documentation.
Issue Resolution:
- Respond to employee inquiries regarding payroll or deductions.
- Investigate and resolve payment discrepancies promptly.
Process Improvement:
- Suggest and implement improvements in payroll procedures.
- Participate in payroll system upgrades or new implementations.
Role Accountability
HR Proficiency:
- Ability to obtain updated soft and technical skills related to the job.
Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
Problem-Solving:
- Solve any related problems arise and escalate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
Compliance:
- Comply to related policy and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification
Bachelor Degree in Accounting and Finance or Any relevant field
Work Experience
2 to 4 Years
Technical / Functional Competencies
HRIS Payroll Systems
Payroll Administration
Payroll Compensation Analysis
Payroll Processing and Reporting
Payroll Reconciliation