Payroll Specialist

About This Role

The Payroll Specialist runs payroll for the whole company and answers employees' questions about their pay slips. This role ensures all deductions and reports are accurate and submitted on time, and it suits an experienced professional who can adapt to a fast-paced environment.

Responsibilities

• Process payroll and statutory deductions accurately and within the agreed payroll timeline
• Ensure that all statutory deductions and loans are processed accurately
• Generate payroll-related reports, including payroll register and taxation reports
• Keep updated with industry trends and mandatory requirements, particularly in the areas of benefits and compensation management and related tax administration
• Assist HR in coordinating with employees regarding queries on payroll such as deductions, withholding taxes and other payroll-related matters
• Manage statutory benefits report
• Process and submit BIR regulatory reports such as alphalist and income tax return of all employees on a timely manner
• Participate in regular internal and external audits and special projects
• Work with external auditors to provide required information and ensure proper recordkeeping for historical purposes
• Continuously review current payroll process and identify areas for improvement

Requirements

• Bachelor's Degree in Accountancy, Finance or Business course
• At least 3 years of experience in Payroll and Accounting
• Well versed in accounting practices, especially with Income Tax
• Knowledge of using a Payroll system
• Good understanding of local taxation
• Proficient in using Microsoft Excel
• Ability to adapt to a fast-paced environment
• Positive disposition and can-do attitude
• Ability to work well within a team environment

Nice to have:

• Certified Public Accountant (CPA)
• Experience working for an Australian or any financial institution

About the Company

This company focuses on financial services.