Payroll, Compensation & Benefits Manager

Power Mac Center; Mandaluyong; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Power Mac Center is seeking a Payroll, Compensation & Benefits Manager to lead payroll operations, compensation strategies, and employee benefits in Mandaluyong City, Metro Manila. The role ensures accurate processing, compliance with Philippine laws, and stakeholder satisfaction.

The ideal candidate has 5+ years in payroll management or related roles, with strong knowledge of BIR, SSS, PHILHEALTH, and PAGIBIG, and proficiency in payroll software and Excel.

Qualifications

• Bachelor's degree in Accounting, Human Resources, Business Administration, or related field.
• Minimum of 5 years' experience in payroll management or similar role in the Philippines.
• Demonstrated expertise in Philippine labour laws, BIR, SSS, PHILHEALTH, and PAGIBIG requirements.

Responsibilities

• Oversee and manage end-to-end payroll operations, including processing, reconciliation, validation, and timely salary payments.
• Lead salary evaluation and review, including job evaluation, benchmarking, internal equity analysis, and offers based on market data and budget.
• Develop and maintain compensation and benefits programs aligned with business objectives and market practices.
• Ensure compliance with Philippine labor laws, tax regs, social security contributions, and statutory requirements.
• Prepare and analyze payroll reports, variances, labor cost reports for management decisions.
• Monitor manpower and labor costs vs approved budgets and provide cost-saving insights.
• Manage employee benefits programs including health insurance, retirement plans, and statutory benefits.
• Conduct regular payroll and compensation audits to ensure accuracy and efficiency.
• Coordinate with government agencies and third-party providers on payroll and benefits matters.
• Address employee inquiries regarding salary, payroll, benefits, and compensation promptly.

Skills

Payroll management

Excel

Analytical skills

Communication

Independent work

Cross-functional collaboration

Education

Bachelor's degree (Accounting, HR, BA)

Tools

Payroll software

Microsoft Excel

Job description

About the role

Power Mac Center is seeking a Payroll, Compensation & Benefits Manager to join our Human Resources team. This is a full-time position based in Mandaluyong City, Metro Manila. The successful candidate will play a crucial role in managing our payroll operations, compensation strategies, and employee benefits programmes, ensuring accuracy, compliance, and employee satisfaction.

Key responsibilities

• Oversee and manage end-to-end payroll operations, including payroll processing, reconciliation, validation, and timely payment of salaries and wages.
• Lead salary evaluation and review, including job evaluation, salary benchmarking, internal equity analysis, and assessment of salary adjustments and offers based on role requirements, market data, and company budget.
• Develop, implement, and maintain compensation and benefits programs aligned with business objectives, internal equity, and competitive market practices.
• Ensure compliance with Philippine labor laws, tax regulations, social security contributions, and other statutory requirements related to payroll and employee benefits.
• Prepare and analyze payroll reports, variance analysis, labor cost reports, and other compensation-related financial reports for management review and decision-making.
• Monitor and analyze manpower and labor costs versus approved budgets, providing insights and recommendations to support cost-effective workforce decisions.
• Manage employee benefits programs, including health insurance, retirement plans, statutory benefits, and other company-provided benefits.
• Conduct regular payroll and compensation audits to ensure accuracy, compliance, internal equity, and process efficiency.
• Coordinate with relevant government agencies, third-party providers, and business partners on payroll, compensation, benefits, and compliance matters.
• Address employee inquiries and concerns related to salary, payroll, benefits, and compensation in a timely and professional manner.
• Maintain strict confidentiality and security of employee compensation, payroll, and personal information.
• Review and recommend improvements to compensation structures, salary ranges, and benefits programs based on market trends and business requirements.
• Stay updated on changes in labor laws, tax regulations, compensation practices, and statutory requirements, and ensure timely implementation of necessary changes.

What we're looking for

• Bachelor's degree in Accounting, Human Resources, Business Administration, or a related field
• Minimum of 5 years' experience in payroll management or a similar accounting role within the Philippines
• Demonstrated expertise in Philippine labour laws, BIR regulations, SSS, PHILHEALTH, and PAGIBIG requirements
• Proficiency with payroll software systems and Microsoft Excel; experience with payroll management platforms is highly desirable
• Strong knowledge of compensation and benefits administration practices
• Excellent attention to detail with the ability to manage multiple tasks and meet strict deadlines
• Strong analytical skills with the ability to interpret financial data and provide meaningful insights
• Excellent communication skills, both written and verbal, with the ability to explain complex payroll matters to employees at all levels
• Proven ability to work independently whilst collaborating effectively with cross-functional teams

• Experience in the retail or technology sector would be advantageous