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