Payroll Officer (Financial Services)

Randstad Hong Kong Limited; Hong Kong; On-site; HKD 360,000 - 520,000; Full time

Job summary

Randstad Hong Kong Limited is seeking a hands-on Hong Kong Payroll Specialist to take ownership of monthly payroll processing for the HK office and provide regional backup support as needed.

You will collaborate with HR, Finance, and regional teams to ensure tax compliance, accurate reporting, and timely payments while maintaining confidentiality and data integrity.

Qualifications

• 2–3+ years of hands-on Hong Kong payroll experience.
• Solid knowledge of HK Employment Ordinance, MPF, and tax filings.
• Bachelor’s degree in HR, Finance, or related field.
• Experience with HRIS and regional payroll databases.

Responsibilities

• Deliver accurate monthly payroll for HK staff, including salaries and deductions.
• Manage MPF administration and Hong Kong tax filings (IR56 series).
• Collaborate with HR and Finance, coordinate with overseas teams for monthly payments.
• Respond to employee payroll queries and advise on tax matters.
• Prepare payroll summaries, headcount reports, and journal data.

Skills

Payroll processing

Attention to detail

Confidentiality

Independence

Interpersonal skills

Communication with stakeholders

Education

Bachelor’s degree

Tools

HRIS

Payroll databases

Job description

About the Company

Our client is a leading, publicly listed global financial services firm with a strong international presence across major trading hubs worldwide. They provide institutional brokerage and market infrastructure services to global clients.

About the Job

In this hands‑on role, you will take ownership of the end‑to‑end monthly payroll processing for the Hong Kong office (mid‑sized entity), while providing occasional regional cross‑border backup support. You will work closely with internal HR, Finance, and Regional Senior Management, as well as collaborate with international payroll teams to ensure seamless execution, tax compliance, and accurate reporting.

Key Responsibilities

• Deliver accurate, timely monthly payroll processing for Hong Kong staff, including base salaries, bonuses, and statutory deductions.
• Manage all local MPF administration, monthly government submissions, and annual tax filings (IR56 series) in strict adherence to Hong Kong labour laws.
• Partner with local HR and Finance teams to collate joiner/leaver data, align on payroll funding, and coordinate with overseas counterpart teams for final monthly payment releases.
• Serve as the main point of contact for employee payroll queries, providing guidance on tax matters and statutory deductions to local staff and management.
• Prepare monthly payroll summaries, headcount reports, and journal data for Finance. Maintain comprehensive digital records to support internal and external audit requirements.
• Support payroll system updates and UAT testing and actively identify ways to enhance local workflow efficiency.

Key Requirements

• 2–3+ years of hands‑on Hong Kong payroll experience, preferably in Financial Services, Professional Services, or a fast‑paced corporate environment.
• Sound understanding of Hong Kong Employment Ordinance, MPF regulations, and tax filing procedures.
• Bachelor’s degree in Human Resources, Finance, Business Administration, or a related discipline.
• Proficiency with global HR Information Systems (HRIS) and regional payroll databases.

Core Competencies

• Strong attention to detail, numerical accuracy, and high standards of confidentiality.
• Self‑motivated and able to work independently against tight monthly cut‑offs.
• Excellent interpersonal skills with the confidence to communicate effectively at all levels.
• Adaptable, flexible mindset with an eagerness to learn and streamline processes.