Paymaster

FAENA; Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

FAENA is seeking a Paymaster to ensure accurate and confidential payroll processing for all employees in Saudi Arabia. You will calculate salaries, overtime, deductions, and allowances in line with policies and labor laws, while maintaining payroll records and resolving discrepancies.

You will work closely with HR and Finance, ensuring GOSI and end-of-service benefits compliance, preparing payroll reports, and safeguarding payroll data across audits and statutory requirements.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• Diploma in Payroll, Accounting, or Human Resources is an advantage.
• 2–5+ years of experience in payroll or compensation administration, preferably in hospitality or large organizations.
• Strong knowledge of payroll processes, labor laws, and statutory requirements in Saudi Arabia.
• Understanding of GOSI, end-of-service benefits, and payroll compliance.
• Experience with payroll/HR systems such as SAP, Oracle NetSuite, or similar platforms.
• Proficiency in Microsoft Excel for payroll calculations and reporting.

Responsibilities

• Prepare and process monthly payroll for all employees accurately and on time.
• Calculate salaries, wages, overtime, allowances and deductions in line with company policies and labor laws.
• Maintain and update employee payroll records and personal data.
• Ensure compliance with Saudi labor regulations including GOSI, tax, and end-of-service benefits.
• Verify attendance timesheets and leave records before payroll processing.
• Handle payroll discrepancies, adjustments and employee queries.
• Prepare payroll reports for Finance and Management review.
• Coordinate with HR regarding new hires, terminations, and salary changes.
• Process final settlements for resigned or terminated employees.
• Ensure confidentiality and security of payroll information.

Skills

Payroll processing

Data accuracy

Numerical analysis

Confidentiality

HR coordination

Communication skills

Time management

Problem solving

Report preparation

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

Diploma in Payroll, Accounting, or Human Resources

Tools

SAP

Oracle NetSuite

Job description

The Paymaster is responsible for ensuring the accurate timely and confidential processing of employee payroll This includes calculating salaries wages overtime and deductions in compliance with company policies and Saudi labor laws The role also maintains payroll records resolves discrepancies and works closely with HR and Finance to ensure proper payment of employees and adherence to statutory requirements

DUTIES AND RESPONSIBILITIES

Prepare and process monthly payroll for all employees accurately and on timeCalculate salaries wages overtime allowances and deductions in line with company policies and labor lawsMaintain and update employee payroll records and personal dataEnsure compliance with Saudi labor regulations including GOSI tax and end-of-service benefitsVerify attendance timesheets and leave records before payroll processingHandle payroll discrepancies adjustments and employee queriesPrepare payroll reports for Finance and Management reviewCoordinate with HR regarding new hires terminations and salary changesProcess final settlements for resigned or terminated employeesEnsure confidentiality and security of payroll informationReconcile payroll accounts with the general ledgerSupport audits by providing payroll records and documentationManage bank transfer instructions for salary paymentsEnsure accurate deduction and payment of statutory contributionsAssist in implementing payroll systems and process improvementsMaintain compliance with internal controls and company policiesLiaise with external authorities when required for payroll-related matters

QUALIFICATIONS

Bachelor s degree in Accounting, Finance, Business Administration, or related fieldDiploma in Payroll, Accounting, or Human Resources is an advantage2 5+ years of experience in payroll or compensation administration, preferably in hospitality or large organizationsStrong knowledge of payroll processes, labor laws, and statutory requirements in Saudi ArabiaUnderstanding of GOSI, end-of-service benefits, and payroll complianceExperience with payroll/HR systems such as SAP, Oracle NetSuite, or similar platformsProficiency in Microsoft Excel for payroll calculations and reporting

SKILLS

High level of accuracy and attention to detailStrong numerical and analytical skillsPayroll processing and reconciliation skillsKnowledge of compensation, benefits, and deductionsConfidentiality and integrity in handling sensitive employee dataStrong organizational and time management skillsProblem-solving and discrepancy resolution abilitiesEffective communication and interpersonal skillsAbility to work under pressure and meet strict deadlinesStrong understanding of HR and finance coordination processesReport preparation and data management skillsAbility to adapt to payroll systems and process improvements