Specialist, Payroll Reconciliations

Standard Bank Group; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A major financial services group is seeking a Payroll and Benefits Specialist to handle the reconciliation and disbursement of employee benefits and taxes across multiple jurisdictions. Ideal candidates will have a degree in Business Commerce, Finance, or Accounting, and 3-4 years of experience in payroll within a global environment. The role involves ensuring compliance with financial regulations and providing tax certificates for employees.

Qualifications

• 3-4 years experience in payroll environments.
• Strong understanding of employee taxes and benefits.
• Experience with financial reporting and analysis.

Responsibilities

• Reconcile and disburse employee benefits and taxes.
• Provide employee's tax certificates.
• Ensure regulatory compliance and mitigate risks.

Skills

Payroll experience

Enterprise Resource Planning systems

Accounting and Finance understanding

Data Analytics

Financial Modelling

Education

Degree in Business Commerce, Finance, or Accounting

Job description

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To reconcile and disburse employee benefits and taxes for employees across Africa Regions countries and international offices in the Standard Bank Group, to accurately declare financial position. To provide employee's tax certificates and ensure all taxes and benefits are correctly paid while adhering to all regulatory requirements to mitigate risk for the Group. To ensure the financial transactions have been accurately accounted for in each jurisdiction, in line with legislation and regulations.

Qualifications

Degree: Business Commerce, Finance and Accounting

Experience Required

Digitisation, Insights and Operations

People & Culture

• 3-4 years: Payroll experience would be critical as this role will provide Finance and Tax services within a global payroll environment with various jurisdictions and nuance differences. The focus will be on reconciliations and general ledger activities to ensure all benefits are paid.
• 3-4 years: Practical experience and good insight into Enterprise Resource Planning systems and the flow of information through various systems. Experience in dealing with foreign currency translations and revaluations. Financial Modelling and automation.
• 3-4 years: Thorough understanding of Accounting, Finance, Payroll and Employee taxes. Experience in a payroll environment, People & Culture value chain, with large financial activity and multiple income statement and balance sheet accounts. Technical IFRS accounting background and experience.

Behavioural Competencies

• Adopting Practical Approaches
• Articulating Information
• Conveying Self-Confidence
• Developing Expertise
• Examining Information
• Interpreting Data
• Meeting Timescales
• Producing Output
• Providing Insights
• Pursuing Goals
• Team Working
• Upholding Standards

Technical Competencies

• Collaboration
• Consulting Agility
• Continuous Improvement
• Creative Problem Solving
• Data Analytics & Visualization
• Data Quality
• Decision Making
• Digital Advocacy
• Financial Accounting
• Financial Acumen
• Operational Planning
• Operations Risk Management
• Process Management
• Statistical & Mathematical Analysis
• Strategic Planning and Reporting
• Strategy Definition