Compensation and Benefits Associate

Key Responsibilities

1. Payroll Administration

• Process end-to-end payroll (regular, probationary, project-based, etc.)
• Validate timesheets, overtime, allowances, deductions, and adjustments
• Ensure accurate computation of salaries, incentives, and final pay
• Coordinate payroll funding and salary disbursement with Finance
• Maintain payroll records and documentation

2. Tax & Statutory Compliance

• Compute and process employee income tax (withholding tax)
• Prepare and ensure timely submission of BIR requirements (e.g., 1601-C, 2316, alphalist)
• Manage government-mandated contributions (SSS, PhilHealth, Pag-IBIG)
• Monitor compliance with labor laws and tax regulations
• Coordinate with external auditors and government agencies when needed

3. Benefits Administration

• Administer employee benefits including HMO, insurance, retirement fund, and leave management
• Process enrollments, updates, and claims coordination
• Ensure accurate benefits deduction and reconciliation

4. Data Management & Reporting

• Maintain accurate payroll and benefits data in HRIS
• Generate payroll summaries, tax reports, and benefits utilization reports
• Assist in payroll forecasting and budgeting support

5. Employee Support

• Address employee inquiries regarding payroll, tax, and benefits
• Provide orientation on compensation structure and statutory deductions
• Support clearance and final pay computation for separating employees

Qualifications

• Bachelor’s degree in Accountancy, Finance, Human Resources, or related field
• At least 2–3 years of experience in payroll processing and tax compliance
• Strong knowledge of Philippine labor laws and BIR regulations
• Experience handling government contributions (SSS, PhilHealth, Pag-IBIG)
• Proficient in payroll systems and MS Excel
• High level of accuracy, confidentiality, and attention to detail