Payroll Team Lead (yearly renewable)

Accountstaff (EA); Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company is seeking a Payroll Manager to manage payroll operations and a team of executives. The role involves overseeing payroll processing, ensuring compliance with Singapore regulations, and enhancing payroll systems. The ideal candidate will possess strong leadership and analytical skills with over 7 years of experience in payroll functions.

Qualifications

• 7+ years of payroll experience, with at least 3 years in a supervisory role.
• In-depth knowledge of Singapore payroll regulations, CPF, and tax laws.
• Ability to manage multiple priorities effectively.

Responsibilities

• Manage and supervise a team of payroll/claims executives.
• Oversee the full payroll cycle ensuring compliance with regulations.
• Handle escalated payroll queries and collaborate with HR and Finance.

Skills

Leadership

Problem-Solving

Analytical Skills

Communication

Interpersonal Skills

Education

Bachelor's degree in Accounting, Finance, Human Resource or related field

Tools

MS Excel

Workday

Job description

Key Responsibilities:

Team Management

• Manage and supervise a team of payroll/ claims executives, providing guidance and training on day to day tasks

Payroll Processing

• Oversee the full payroll cycle for HQ, Subsidiary and OC payroll (including additional festive runs if required), ensuring compliance with local regulations and company policies.

• Oversee the annual IRAS tax submission process and adhering to stipulated deadline

• Review complex payroll calculations and seek clarifications from client's Payroll team, where needed

• Review payroll reports and highlight discrepancies/ key observations when sending to the client's Payroll team for verification and approval

Compliance, Data Integrity and Reporting

• Work with client's Payroll team to ensure compliance in payroll policies, procedures, and practices

• Review payroll GLs and reconciliations prepared by Payroll Executive

• Ensure data integrity and maintain accurate payroll records and important documentation for audit and reporting purposes

Stakeholder Management

• Manage relationships with external stakeholders, including auditors, tax authorities, and system consultants

• Handle escalated payroll queries and resolve complex issues, in consultation with client's Payroll team

• Collaborate with internal HR and Finance Departments to ensure accurate data flow and reporting

System & Process Improvement

• Lead payroll system enhancements and upgrades, including UAT processes

• Stay updated on changes in payroll legislation and implement necessary adjustments in the system and/or internal payroll procedures

• Propose changes in process flow, where applicable, for streamlining and process improvements

Required Qualifications and Skills:

• Bachelor's degree in Accounting, Finance, Human Resource or related field

• 7+ years of payroll experience, with at least 3 years in a supervisory role

• In-depth knowledge of Singapore payroll regulations, CPF, and tax laws

• Strong leadership and team management skills

• Proficiency in MS Excel and Workday

• Strong problem-solving and analytical skills

• Good communication and interpersonal skills

• Ability to work effectively in a fast paced environment, managing multiple priorities and meet tight deadlines