Accounting / Finance - Payrolls Associate (Reporting)

Job Description

The successful candidate will be responsible for the following duties in the Payrolls Department :

Key responsibilities

• Prepares reports and supporting schedules for the Payroll Cost analysis
• Generate grade report from Business Warehouse for the reconciliation of the figures with SAP figures in preparation of the divisional report
• Investigates and follow up on unreconciled / open items in the suspense accounts on a timely basis, and ensuring that the items are cleared promptly by the targeted departmental Key Performance Indicator (KPI) on a monthly basis.
• Processes / submits claims on a timely basis by the stipulated timeline and ensures prompt receipt and allocation of the claims from the Government.
• Maintains and monitors staff loans
• Raises Accounts Payable for Foreign Worker Levy (FWL), Central Provident Fund submissions etc.
• Performs quarterly reconciliation of staff loans and debts owed by ex-employees.
• Performs random payroll accuracy checks to detect errors and ensure recovery actions are taken.
• Back-up for reporting and analysis of payroll cost and allowances.
• Back up to the preparation of the monthly, quarterly, half-year and annual analysis on the company’s payroll costs
• IT administrator for payroll department
• Any other ad-hoc duties as assigned

Requirements