Payroll Accounting Manager

Truworths; South Africa; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading retail company in South Africa is looking for an experienced Payroll Accounting Manager to oversee the payroll accounting function. You will manage payroll processes, ensure compliance with relevant legislation, and maintain accurate records. The ideal candidate will hold a Bachelor's degree in Accounting and have at least 5 years of relevant experience, demonstrating exceptional analytical skills and proficiency in payroll software. This role is on-site, offering a fantastic opportunity for career growth.

Qualifications

• Minimum of 5 years' relevant experience including payroll and accounts payable.
• At least 3 years in accounting focused on payroll.
• Proficiency in payroll software and systems.

Responsibilities

• Manage the payroll processes and ensure accurate payments.
• Ensure compliance with payroll-related legislation.
• Prepare reports and maintain accurate payroll records.

Skills

Analytical skills

Attention to detail

Communication skills

Organizational skills

Team leadership

Proficient in Microsoft Excel

Education

Bachelor's degree in Accounting, Finance or a related field

Tools

Oracle payroll software

Job description

Closing Date: 2025/12/19

Reference Number: TRU250429-1

Job Title: Payroll Accounting Manager

Business Area: Human Resources

Job Type: Permanent

Workplace Type: On-site

Location - Country: South Africa

Location - Province: Western Cape

Location - Town / City: Cape Town

Job Description

We are seeking an experienced Payroll Accounting Manager to oversee the payroll accounting end-to-end function in the Employee Benefits Department with financial accuracy.

This is an exciting opportunity for someone with a strong understanding of payroll and the required accounting principles and practices, who demonstrates excellent analytical skills, is deadline driven and has the ability to work in a fast-paced environment.

Key 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.

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
• 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
• 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.)
• Overseeing the budget and forecasting various countries (RSA and African countries) for the department

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