Payroll and Provident Funds - Senior Associate

Ernst & Young Advisory Services Sdn Bhd; Karachi Division; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A leading consulting firm in Karachi is seeking a payroll specialist to manage payroll processing and employee benefits, ensuring compliance with regulations. The role requires a strong background in payroll processing and a relevant degree. This position offers opportunities for growth and experience in a dynamic environment.

Benefits

Flexible environment

World-class experiences

Qualifications

• Proven experience in payroll processing and administration of retirement funds.
• Ability to work collaboratively with internal teams and external auditors.

Responsibilities

• Ensure the timely and accurate processing of monthly payroll for all employees.
• Manage the payroll system, including staff changes.
• Process loan and advance requests of staff.
• Oversee the exit formalities for departing employees.
• Prepare and submit returns for relevant organizations.

Skills

Payroll processing

Compliance regulations

Strong communication skills

Education

Bachelor's or Master's degree in finance or accounting

Job description

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

The Opportunity

The opportunity in this role involves ensuring the accurate and timely processing of payroll and employee benefits, including Gratuity and Provident Fund, while upholding adherence to applicable regulations.

Your Key Responsibilities

• Ensure the timely and accurate processing of monthly payroll for all employees across EY Pakistan entities.
• Manage the payroll system, including the addition and deletion of staff, ensuring all changes are reflected accurately and timely.
• Process loan and advance requests of staff in accordance with EY policies, ensuring compliance with internal guidelines.
• Oversee the exit formalities for departing employees, including the processing of final settlements and ensuring all necessary accounting and finance documentation is completed.
• Ensure compliance with all relevant regulations regarding income tax, SESSI, PESSI, EOBI, and professional tax.
• Prepare and submit returns for SESSI, PESSI, and EOBI, ensuring timely compliance with government regulations.
• Ensure the timely submission of tax and other statutory deductions to the government treasury
• Handling the company’s Provident Fund, including the addition, deletion, and profit allocation for members.
• Process loan applications, temporary withdrawals, and permanent withdrawal requests from Provident Fund members.
• Handling the accounting system of provident funds including annual profit distribution to the members of funds.
• Coordinating with external auditors to facilitate the external audit of the Provident Funds, ensuring all necessary documentation and information is prepared and available.
• Facilitate the preparation and review of Provident Funds tax returns, ensuring accurate and timely filing of all relevant tax documentation.

Skills and Attributes for Success

Ideally, you’ll also have Proven experience in payroll processing and administration of retirement funds (Gratuity & Provident Fund).

• Strong knowledge of compliance regulations related to payroll and employee benefits.
• Bachelor's or Master's degree in finance, accounting, or a related discipline.
• Ability to work collaboratively with internal teams and external auditors. Strong communication skills, both written and verbal

What We Offer You

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

EY is an equal opportunities employer and welcomes applications from all qualified candidates. We are committed to diversity and inclusion and welcome applications from all qualified candidates.