A leading company in Davao del Sur seeks a Payroll Analyst to manage and process payroll, ensuring timely and accurate employee compensation. The ideal candidate should have a degree in accounting or related field, along with experience in payroll processing and knowledge of relevant laws. Strong mathematical skills are essential. This role offers a competitive salary and the opportunity to work in a dynamic environment.
Qualifications
Bachelor’s degree in accounting, finance, business administration, or related field preferred.
Previous experience in payroll processing, accounting, or HR generally required.
Strong mathematical skills for accurate wage and deduction calculations.
Responsibilities
Calculate and process employee wages, bonuses, and deductions.
Ensure compliance with payroll laws and company policies.
Address payroll discrepancies and issues as they arise.
Skills
Payroll processing
Knowledge of payroll laws
Mathematical skills
Education
Bachelor’s degree in accounting or related field
Tools
Payroll software (e.g., ADP, Paychex, SAP)
Job description
A payroll analyst is responsible for managing and processing an organization's payroll, ensuring that employees are paid accurately and on time. They handle payroll-related data, address discrepancies, and ensure compliance with relevant laws and company policies. Key duties include:
Processing Payroll: Calculating and processing employee wages, bonuses, overtime, and deductions based on company policies and employee records.
Education: A bachelor’s degree in accounting, finance, business administration, or a related field is often preferred. Some positions may accept candidates with a high school diploma or associate degree combined with relevant experience.
Experience: Previous experience in payroll processing, accounting, or human resources is generally required. Experience in payroll software systems (e.g., ADP, Paychex, or SAP) is often preferred.
Knowledge of Payroll Laws and Regulations: Understanding of federal, state, and local labor laws, tax regulations, and employee benefits programs, ensuring payroll compliance.
Mathematical Skills: Strong ability to perform calculations related to wages, deductions, taxes, and benefits accurately.