Payroll Accountant

: Job Description

:      Process and manage company payroll for all employees on a timely basis

·       Ensure accurate calculation of wages, overtime, deductions and other allowances.

·       Prepare payroll-related journal entries and reconcile payroll accounts.

·       Ensure compliance with labor laws, tax regulations, and social insurance requirements.

·       Will be responsible to record payroll payment in system and will make settlement with Accruals.

·       Ensure accurate calculation employee benefits, end-of-service benefits, and final settlements.

·       Will be responsible to make reconciliation of provision of end-of-service benefits with the HR data. And will make necessary adjustments in provision if required.

·       Will be responsible to provide data to external consultant for the EOS Actuarial calculations as per IAS 19(Employees Benefits)

·       Record Final settlement payment to employee in system and make settlement with their provision.

·       Ensure the accuracy of annual vacation calculations and reconcile between HCM module and their accrual Balances.

·       Ensure the annual vacation payment is matching with Accrual balances and will settle regularly any payment made to employees with their accruals.

·       Also, will record any necessary adjustments required in vacation accruals in system.

·       Ensure the accuracy of Air tickets calculations and reconcile between HCM module and their accrual Balances.

·       Ensure the air ticket payment is matching with Accrual balances and will settle regularly any payment made to employees with their accruals.

·       Also, will record any necessary adjustments required in Air ticket accruals in system.

·       Ensure the accuracy of third-party invoice of outsourced employees.

·       Ensure the accuracy of casual labor invoice of outsourced employees.

·       Will check and confirm the accuracy of medical insurance calculation for each employee and their dependents.

·       Ensure accuracy of monthly amortization calculation of medical insurance in system and make settlement with prepaid amount and make sure prepaid balance as per accounting record is correct.

·       Ensure that medical insurance of new joiners and leavers is updated on time with medical insurance company.

·       Any other task assigned by the management.

Qualifications

• Proven work experience of 3 years plus as a payroll Accountant in Saudi Arabia Journal Entries (Accounting) and accounting expertise
• Experience with accounting software, Like Microsoft dynamics / SAP S4 Hana
• Bachelor's degree in Accounting, Finance or relevant study such as ACCA, ICMA, CIMA
• Strong time management skills
• Bachelor's degree in Accounting, Finance, or related field