Payroll Accounting Manager

Global Human Capital; Cape Town; On-site; ZAR 360 000 - 480 000; Full time

Job summary

A leading recruitment firm is seeking a Payroll Accounting expert in Cape Town. The successful candidate will manage payroll processes, ensure compliance with legislation, and maintain accurate records. A Bachelor's degree in Accounting is required along with at least 5 years of relevant experience. Strong proficiency in payroll software, especially Oracle, and excellent analytical skills are essential for this role.

Qualifications

• Minimum of 5 years' relevant experience, including at least 3 years in accounting focused on payroll.
• 2 years' experience leading a team.
• In-depth knowledge of South African payroll and tax laws.

Responsibilities

• Manage payroll processes and ensure accurate payment of employees.
• Ensure compliance with payroll legislation.
• Maintain payroll records and prepare reports for management.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Organizational skills

Communication skills

Interpersonal skills

Education

Bachelor's degree in Accounting, Finance or related field

Tools

Oracle payroll software

Microsoft Office (Excel expertise)

Job description

Introduction

Leading company with a international operations is seeking a Payroll Accounting wizard.

You will need to have solid experience in share scheme incentives, payroll taxes and integrated payroll systems

Duties & Responsibilities

• Manage the payroll processes, including managing the general ledger for RSA, African countries and the UK, verifying payroll data input and output, and ensuring accurate and timely payment of employees
• Ensure compliance with legislation related to payroll, including employees tax, benefits, payroll earnings and deductions
• Maintain accurate payroll records and prepare reports for management and statutory bodies
• Reconcile payroll accounts and resolve any discrepancies in a timely manner
• Collaborate with the Employee Benefits Department to ensure accurate employee data and maintain employee payroll records
• Provide support for audits related to payroll and benefits
• Develop and implement processes and procedures to improve payroll efficiency and accuracy
• Oversee the financial impact of share incentive schemes
• Assist with other accounting and finance functions as needed
• Supervise, mentor and develop a team in order to ensure high performance
• Ensure the reconciling of all share incentive scheme activity (e.g. share gains, dividends etc.)
• Oversee the budget and forecasting various countries (RSA and African countries) for the department

Desired Experience & Qualification

Qualifications and Experience Bachelor's degree in Accounting, Finance or a related field Minimum of 5 years' relevant experience, including : At least 3 years in accounting, with a focus on payroll and accounts payable 2 years' experience leading a team In-depth knowledge of payroll systems, accounting principles and payroll regulations Strong understanding of payroll, payroll accounting principles and practices, as well as an in-depth knowledge of South African payroll and tax laws Working knowledge of the Employee Tax Incentive (ETI) would be advantageous Reconciliation and bi-annual submission of employees tax and annual tax certificates Proficient in payroll software and systems, such as Oracle Knowledge of legislation as it pertains to Payroll Proficient in payroll software and Microsoft Office (Excel expertise is a must) Experience preparing detailed reports Competencies Excellent analytical and problem-solving skills Strong attention to detail with excellent organizational and time management skills Ability to work accurately in a deadline driven and fast paced environment Excellent communication and interpersonal skills, with the ability to handle confidential information with discretion Ability to work independently and as part of a team Ability to use initiative and be pro-active Self-motivated, organized and systematic Highly adaptable, dependable, receptive and resilient