Payroll Executive

The Payroll Executive is responsible for managing and executing payroll processes to ensure accurate and timely compensation. The individual will handle payroll reconciliation, resolve discrepancies (if any). Key responsibilities also involve managing employee compensation records, processing statutory deductions, and collaborating with HR team to address payroll-related queries. Strong analytical skills, attention to detail, and a thorough understanding of payroll practices are essential.

Job description:

• To ensure all payroll transactions are processed efficiently and accurately.
• Performing calculations with wages, benefits, incentives, bonuses, taxes and other deductions.
• Preparing monthly wages, wire transfer and/or cash deposits
• Collecting, calculating, and entering data in order to maintain and update all aspect of payroll information.
• Resolving payroll discrepancies and responding to payroll related enquiries from employees
• Maintaining payroll operations in accordance to policies and procedures, and recommend changes and improvement
• To generate periodic payroll reports (weekly, monthly, quarterly and annually) to track payroll metrics and for review by management.
• Liaise with the respective government statutory bodies for matters related to EPF, SOCSO and Income Tax.
• Attend to employee enquiries on payroll related issues.
• To assist in preparation of year-end tax filing documentation, Form E and Form EA.

Requirements:

• Bachelor’s degree in related field with at least 2-3 years of relevant payroll work experience.
• Hands on experience in managing global payroll would be added advantage.
• Have good analytical and problem solving skills with proven ability to organize and analyze data.
• Be proficient with Microsoft Office Suite (Excel, PowerPoint, Word, Outlook).

If you have what it takes to excel as a professional in a payroll specialist role, we encourage you to send us your profile. We would be delighted to discuss this exciting opportunity with you.