The Payroll Associate is responsible for assisting in the accurate and timely processing of employee payroll, including timekeeping, attendance verification, payroll adjustments, and statutory deductions. The position ensures that payroll records are properly maintained and that all payroll transactions comply with company policies and applicable labor regulations.
DUTIES AND RESPONSIBILITIES
A. Payroll Processing
- Prepare and process employee payroll accurately and within established deadlines.
- Review and validate timekeeping records, attendance, overtime, undertime, absences, and other payroll-related adjustments.
- Compute salaries, wages, allowances, deductions, and other employee compensation.
- Prepare payroll summaries, reports, and other supporting documents.
- Investigate and resolve payroll discrepancies and employee concerns.
- Ensure the confidentiality and security of payroll information.
B. Timekeeping and Attendance
- Monitor and verify employee attendance and timekeeping records.
- Coordinate with concerned departments and supervisors regarding discrepancies in attendance and work schedules.
- Ensure that all approved overtime, leaves, and other attendance adjustments are properly documented.
- Maintain accurate and updated timekeeping records.
C. Government Contributions and Statutory Deductions
- Assist in the preparation and monitoring of statutory contributions and deductions, including SSS, PhilHealth, Pag-IBIG, and withholding tax.
- Ensure the accuracy of employee deductions and payroll-related remittances.
- Maintain records and supporting documents for government contributions and other statutory requirements.
D. Final Pay and Payroll Adjustments
- Assist in the computation and processing of final pay for separated employees.
- Process payroll adjustments, salary deductions, and other authorized employee-related transactions.
- Ensure that final pay computations are supported by accurate records and appropriate approvals.
E. Documentation and Reporting
- Maintain organized and updated payroll records and employee files.
- Prepare payroll reports and other documents required by management.
- Assist in payroll audits and provide supporting documents when necessary.
- Perform other payroll-related duties as assigned by the immediate supervisor.