Senior Payroll Officer at Stratostaff

ROLE SUMMARY

Responsible for maintaining the people's cost budget to ensure operations are within budget. Manage the payroll function, ensuring accurate & timely payment of employees' salaries along with compliance to statutory requirements. Responsibilities include calculating employees' compensation, updating our internal payroll databases and ensuring timely payments.

JOB SPECIFICATION

• Management of end-to-end payroll processing
• Prepare monthly staff cost budget/actual variance analysis and reporting and communication to various functions
• Ensure accurate preparation and submission of monthly statutory payment remittances and proper filing of all statutory returns and receipts.
• Maintain compliance requirements as per regulatory and company guidelines
• Accurate reconciliation & authorization of payroll reports and schedules
• Ensure timely payment of Salaries and remittance of Statutory and other authorized deductions
• Maintaining the integrity of the payroll system and associated processes through accurate and complete administrative and payroll processes, data entry, record keeping and document management
• Collecting daily, weekly, and monthly staff time sheets and calculating employee work hours.
• Identify opportunities to improve and streamline processes to meet business requirements that require technical or system solutions.
• Ensuring all payroll transactions are processed efficiently.
• Preparing payroll reports.
• Responding to employee questions about compensation, taxes, benefits, and deductions.
• Interpreting and advising on payroll related policies and procedures
• Entering new employee data into the company database.
• Other duties as assigned by the Line Manager.

QUALIFICATIONS/REQUIREMENTS

• Bachelor degree in accounting and/or Finance from a reputable institution
  ACCA/ CPA II qualification
• At least 2 years' experience in Payroll administration.
• Knowledge of data protection and privacy
• Knowledge of Statutory payroll deductions.
• Excellent analytical, communication and reporting skills
• Advanced excel and knowledge in SAGE Accounting system
• Must have experience working with an ERP as well as a payroll system
• Innovative and creative thinker in problem-solving
• Efficient and results-oriented
• Self-motivated person able to work under minimum supervision.
• Good eye for detail