Company Description
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 96,000 employees operate a network of 2,700 offices and laboratories, working together to enable a better, safer and more interconnected world.
Job Description
- Run Monthly Payroll with associated benefits of Overtime, Time Sheet & KPIs.
- Familiar with Salary Compensation Survey and Job Evaluation in Mercer or Hay System.
- Review and validate employee time and attendance records for accuracy and completeness.
- Process employee salary adjustments, such as overtime, bonuses, commissions, and deductions.
- Calculate and process payroll for new hires, terminations, and employee transfers.
- Verify and process employee expense reimbursements, allowances, and benefits.
- Handle payroll-related inquiries and resolve any discrepancies or issues raised by employees.
- Ensure payroll transactions are accurately recorded in the payroll system.
- Prepare and distribute daily payroll reports to relevant stakeholders.
- Maintain confidentiality and ensure the security of payroll data.
- Review and reconcile payroll reports to ensure accuracy and completeness.
- Validate and process employee leave requests, ensuring accurate deduction of leave days.
- Address any outstanding payroll issues or discrepancies with the HR department.
- Coordinate with the finance department to ensure timely and accurate fund transfers for payroll disbursements.
- Conduct audits of payroll data to identify and correct errors or inconsistencies.
- Generate monthly payroll reports, including employee earnings, taxes, and deductions on HRIS.
- Prepare and submit payroll-related reports to government authorities, such as tax and social insurance institutions, in compliance with legal requirements.
- Reconcile payroll records with financial statements, ensuring accuracy and consistency.
- Calculate and process employee benefits, such as leave encashment, annual bonuses, and profit-sharing.
- Prepare payroll accruals for accounting purposes.
- Conduct regular audits of payroll records to identify and rectify any discrepancies.
- Update the payroll system with any changes to tax rates or labor laws.
- Provide payroll-related data and reports to the finance department for budgeting and forecasting purposes.
Qualifications
- Education
- A bachelor’s degree in human resources, Business Administration, Accounting, Finance, or a related field is often preferred.
- Skills Acquired:
- This degree provides foundational knowledge in management, finance, payroll systems, and HR policies.
- Experience
- 7-10 years Payroll experience
- Computer literate
- Advanced computer literacy
- Good communication skills
- Financial background
Additional Information
- Competencies
- Attention to detail
- Strong Microsoft Excel, Word Skills
- Outlook
