The position is central to all activities necessary to process payroll, including maintain related records, filing tax reports and voluntary deduction reports, preparing accounting transactions and documents, documenting and updating procedures, and preparing special reports for management.
Incumbent is solely responsible for all payroll related activities. This position works closely under the direction and supervision of the Human Resources Manager in order to carry out all necessary financial management and fiscal control policies and activities for administration.
Support Management report in forecasting and budgeting ofall related cost with employee’s benefits.
Draw up and Manage new compensation structure-basedbusiness needs.
Responsible for managing and improving existing rewardsstructure through the provided database and ensuresit runs independently.
Constantly prepare compensation analytics to support thebusiness day to day decision making.
Carry out an independent Survey within the industry togain competitive edge.
Responsible for accurate payroll accounting and cost areproperly accounted in the GL monthly.
Support in other HRactivities like employees’ recruitment, closeout with pay package negotiations and preparation ofEmployees contracts as agreed.
Ensure monthly time sheet is verified and approved forpayroll processes and Management Reporting.
Risk Control measures in place to sustain Company’scompensation structure.
Review and upgrade existing Standard of Performance underPayroll Administration.
Support the Company to properly regulate its monthlyimmigration filings to reduce Expatriate tax exposure.
Manage Company's Employees Tax matters and other payrollrelated statutory deductions.
Ensure all payroll deductions are timely remitted.
Minimum of 5 years experience as Payroll Specialist with emphasis on compensation and benefits in the Oil & Gas industry.
Must be Knowledgeable in the following areas;
Methods, practices, and procedures pertaining to and educational organization, payroll, accounting, and fiscally related record management systems.
Knowledge of Automated payroll record management, storage, and retrieval systems.
Financial and payroll related report preparation and format.
Legal mandates, policies, and operational guidelines pertaining to payroll and fiscally related matters.
Organization and planning methods, trends, techniques, and practices.
Basic Excel report preparation and formatting.