Payroll Accountant

Confidential Careers; Riyadh; On-site; SAR 100,000 - 167,000; Full time

Job summary

Confidential Careers in Riyadh seeks a Payroll Accountant to ensure accurate and timely processing of employee compensation, benefits, and final settlements, while maintaining compliance with internal policies and government regulations.

You will manage monthly payroll, calculate salaries, deductions, and bonuses, handle GOSI and WPS requirements, and post journal entries in ERP, supporting audits and interdepartmental collaboration.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2–4 years of proven experience as a Payroll Accountant or in a similar role.
• Proficiency in ERP systems (e.g., SAP, Oracle, Odoo).
• In-depth knowledge of Labor Law, GOSI regulations, and Wage Protection System (WPS) requirements.

Responsibilities

• Prepare and process monthly payroll for all employees, ensuring data alignment with HR records.
• Calculate base salaries, allowances, overtime, bonuses, incentives, and deductions.
• Calculate and remit GOSI contributions and manage government platforms.
• Track and apply personal deductions, employee loans, and salary advances.
• Compute and process End of Service Benefits (EOSB), annual leave payouts, and final settlements.
• Prepare and post payroll journal entries into the ERP system.
• Conduct periodic reconciliations between payroll ledger accounts and bank statements.
• Upload monthly payroll files via the Wage Protection System (WPS) within deadlines.
• Address employee inquiries regarding salary breakdowns and deductions with transparency.
• Collaborate with internal and external auditors by providing required payroll documentation.

Skills

Payroll processing

GOSI knowledge

WPS compliance

Labor Law understanding

Education

Bachelor's degree in Accounting or Finance

Tools

SAP

Oracle

Odoo

Job description

Job Purpose:

Ensure accurate and timely processing of employee compensation, benefits, and final settlements, while maintaining compliance with internal financial policies, labor laws, and government regulations.

Key Responsibilities

• Payroll Processing:
• Prepare and process monthly payroll for all employees, ensuring data alignment with HR records.
• Calculate base salaries, allowances, overtime, bonuses, incentives, and authorized deductions (absences, delays, penalties).
• Deductions & Statutory Compliance:
• Calculate and remit General Organization for Social Insurance (GOSI) contributions and manage supporting government platforms.
• Track and apply personal deductions, employee loans, and salary advances.
• Benefits & End of Service Settlements:
• Compute and process End of Service Benefits (EOSB), annual leave payouts, and final settlements for departing employees.
• Prepare and post payroll journal entries into the Enterprise Resource Planning (ERP) system.
• Conduct periodic reconciliations between payroll ledger accounts and company bank statements.
• Upload monthly payroll files via the Wage Protection System (WPS) within designated deadlines.
• Support & Auditing:
• Address employee inquiries regarding salary breakdowns and deductions with transparency.
• Collaborate with internal and external auditors by providing required payroll documentation and records.

Qualifications & Requirements

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: 2–4 years of proven experience as a Payroll Accountant or in a similar role.
• Technical Skills & Systems:
• Proficiency in ERP systems (e.g., SAP, Oracle, Odoo).
• In-depth knowledge of Labor Law, GOSI regulations, and Wage Protection System (WPS) requirements.