ACCOUNTANT, CENTRAL PAYROLL

alfanar Group; South Africa; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A prominent financial services provider in South Africa is seeking a Payroll Specialist to manage salary payments and payroll activities. The ideal candidate will hold a Bachelor's degree in Accounting or Finance and have 2 to 4 years of related experience. Responsibilities include reviewing monthly salaries, processing various payments, and ensuring adherence to quality standards in compliance with policies. This role offers an opportunity to contribute to effective financial operations in a dynamic environment.

Qualifications

• Bachelor Degree in Accounting and Finance or relevant field.
• 2 to 4 years of experience in payroll or accounting.

Responsibilities

• Perform timely salary payments and payroll activities.
• Prepare bank loan letters and process first-time ticket payments.
• Check and process School fees payment.

Skills

Accounting Best Practices

Financial Reporting

Payroll Administration

Problem-Solving

Education

Bachelor's Degree in Accounting and Finance

Tools

HRIS Payroll Systems

Accounting Systems

Job description

Job Purpose

Performing the salaries payments activities efficiently, in timely manner and quality standards as per the defined policies and procedures to achieve departmental operational plans and developments.

Key Accountability Areas

Salaries and Benefits

• Check and review monthly salaries.
• Payroll Amendments:
• Check Payroll Amendment requests (housing, transportation, other incentives, and benefits) for KSA and overseas.
• Prepare manual amendment letters for mobile, internet incentives and other incentives.

Business Operations

• Prepare and follow up KSA and overseas final settlements.
• Check and upload increments in SuccessFactors.
• Renew and fix employees' annual contract.
• Check and process School fees payment.
• Review and check monthly incentives.
• Review and check overtime reports.
• Process Residence fees payments and housing loan requests.
• Activate monthly deductions.
• Check new bank accounts entries.
• Prepare bank loan letters.
• Process and check first time ticket payment.
• Archiving payroll documents.

Role Accountability

HR Proficiency

• Ability to obtain updated soft and technical skills related to the job.

Delivery

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem‑Solving

• Solve any related problems arise and elevate any complex operational issues.

Quality

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements

• Coordinate well-defined written systems, policies, procedures, and seek automation opportunities as much as possible.

Compliance

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Bachelor Degree in Accounting and Finance or Any relevant field

Work Experience

2 to 4 Years

Technical / Functional Competencies

• Accounting Best Practices
• Accounting Methods
• Accounting Principles
• Accounting Rules/Guidelines
• Accounting Systems
• Accounting Theory/Concepts
• Financial Reporting
• HRIS Payroll Systems
• Payroll AdministrationPayroll Compensation Analysis
• Payroll Policy
• Payroll Processing and Reporting
• Payroll Reconciliation
• Financial Planning
• Financial Analysis