Payroll Manager

SHARON NUROCK RECRUITMENT CC; Centurion; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A recruitment agency in South Africa is looking for an experienced Payroll and Compensation Manager to manage payroll functions for around 500 employees. The role involves designing competitive compensation and benefits programs, managing all payroll activities, ensuring compliance, and providing insights to the Executive Management. Candidates should have a B.Com in Accounting, at least 10 years in payroll management, and knowledge of SAP HR and Oracle systems. Ideal for those with a strong background in compensation strategies.

Qualifications

• Minimum 10 years experience in payroll management and/or compensation and benefits management.
• Minimum 3 years as a Payroll or Compensation & Benefits Manager.
• Membership of a professional body focused on compensation and benefits is an added advantage.

Responsibilities

• Manage all Payroll activities to ensure on-time payment and compliance.
• Execute reconciliations to provident/retirement funds and submit UIF returns.
• Prepare relevant compensation and benefits reports for Executive Management.

Skills

Payroll management

Compensation and benefits management

Advanced Excel

Information Management Systems

Education

B.Com in Accounting or equivalent Degree with a specialization in Payroll Management

Post Graduate qualification

Tools

SAP HR Module

Oracle

Job description

You should be able to:

• Manage end-to-end Payroll functions for a medium-sized organisation (approx. 500 employees) and provide employees with timely, accurate, salary payments compliant with all applicable legislative requirements and implement remuneration-related policies.
• Design, oversee, and manage the organisation’s compensation and benefits programs whilst ensuring that the organisation’s compensation structure, including salaries, performance-based incentives, and benefits, is competitive and aligned with the organisation’s strategic objectives.
• Collaborate with various stakeholders within the Group to develop and maintain effective compensation and/or remuneration and/or benefits policies that seek to attract, retain, and motivate employees.

Minimum Job Requirements:

• B.Com in Accounting or equivalent Degree with a specialisation in Payroll Management.
• Post Graduate qualification, an added advantage.
• Minimum 10 years experience in payroll management and/or compensation and benefits management.
• Minimum 3 years as a Payroll or Compensation & Benefits Manager.
• Experience in Information Management Systems, i.e. SAP HR Module / Oracle.
• Advanced Excel.
• Membership of a professional body focused on compensation and benefits, an added advantage.

Responsibilities and Duties:

Report to the HR Operations Executive:

• Manage all Payroll activities, establishing appropriate checks and balances to ensure on-time payment, compliance, and accuracy.
• Manage payroll processes, salary reviews and incentive schemes.
• Execute reconciliations to provident/retirement fund, submit UIF returns, administer all tax affairs related to payroll, prepare bi-annual PAYE returns and prepare and reconcile 3rd party payments.
• Manage and oversee administration of the Group’s leave management, time and attendance processes, and retirement benefits.
• Ensure good governance and audit protocols are followed by ensuring appropriate controls are in place, processes and procedures are documented and reviewed regularly; and that the highest standards of accuracy and rigour are maintained.
• Manage the preparation of the Group’s annual workforce and salary budget, including the evaluation of the need for new positions and the total remuneration cost and submission thereof.
• Provide support for the review of personnel request to ensure that additional staff or change requests are justified in accordance with budgets, structure and business principles in compliance with organisation design principles.
• Develop and/or review and implement compensation and benefits policies.
• Develop and implement compensation strategies and structures.
• Conduct regular surveys and market research to ensure competitive compensation practices.
• Analyse compensation data and trends to make informed decisions on salary adjustments, bonuses, and/or incentives.
• Ensure smooth running of the administration of benefits.
• Responsible for the integrity of data on the HR Management Information system.
• Prepare relevant compensation and benefits reports for Executive Management, Board Committees and the Board of Directors.
• Collaborate with the HR Executive to prepare written submissions for the approval of the Executive Committee and or the Board Committees.
• Roll out benefits initiatives across the company and provide education and training on various types of benefits to Managers and employees.
• Provide guidance and support to HR and Management on compensation and benefits-related matters.
• Ensure consistency in the application of Human Resource policies, benefits and guidelines.
• Collaborate with HR and Management to develop job descriptions and perform job evaluations.
• Prepare and present reports on compensation and benefits metrics as well as other relevant HR Analytics, when required, to Senior Management.
• Liaise with IT on SAP notes and upgrades related to payroll.
• Assist Auditors with internal, external, and SHEQ audits.