Overview
About the job Payroll Officer (Saudi Arabia)
Responsibilities
- Perform payroll transactions in a timely manner, review employee expense reports and prepare regular reports to the Payroll Supervisor and HCM Department Manager. Ensure that employee payroll records are updated and kept confidential.
- Enroll new joiners into the payroll system to ensure timely payments
- Prepare employee monthly payroll with complete confidentiality and issue Payroll & Compensation reports on a regular basis
- Work out applicable deductions, calculate overtime, check working balances and make monthly payments on time
- Reconcile payroll related general ledger accounts
- Review monthly expense reports submitted by employees and confirm entries for reimbursement
- Prepare employee related records / reports on an annual basis and ensure the information available on the system is accurate at all times
- Assess management incentive bonuses, salary deferrals, overtime hours, allowances and transport payments and issue payroll slips after receiving confirmation
- Follow-up on best practices initiatives and implement changes accordingly
- Evaluate compliance with country regulations and communicate findings with top managers to ensure alignment
- Ensure that GOSI payments and claims are processed according to company policies and procedures
- Work closely with audit teams when subjected to audits, both internal and external
- Analyze internal and industry-wide salary data, determine appropriate pay grades and conduct detailed salary surveys researching and auditing the compensation practices of competitive firms
Qualifications
- Bachelor degree in Accounting/Finance or High School with equivalent years of experience
- Qualifications from either the Institute of Payroll and Pensions Management (PPM) or International Association of Book-keepers (IAB) Certificates will be a plus
Experience
- 3 years of Payroll experience
- Any equivalent combination of experience and/or education from which comparable knowledge, skills and abilities have been achieved
Skills
- Good customer service and overall exposure to management reporting systems
- Strong computer/IT skills
- Strong mathematical abilities
Behavioural Competencies
- Excellent team player
- Detail-oriented with high respect to confidentiality
- Strong organizational, time management and prioritization abilities
- Systematic and logical thinking