Job Summary
A client in the financial sector is looking for some that will be able to:
Skills
- Ability to work under pressure
- Automation focus
- Planning and organizing
- Problem solving and analyzing
- Good communication skills
Knowledge
- Proficiency in the following: Excel, Word, and PowerPoint
- SARS requirements including tax directives
- Labour Legislation impacting on payroll
- Payroll calculations
- PaySpace would be an advantage
Processes
- Generate and release employee IRP5’s and payslips
- Administer the payroll system and other related controls, including access controls and back-up management (including by not limited to new entity set ups, changing tax rates, monthly cut off deadlines)
- Process monthly payroll transactions on the Payroll system (appointments, increases, terminations, increases, transfers, contributions, and deductions, etc)
- Communicate payroll deadlines, policies and procedures
- Process adjustments on the Payroll system
- Prepare all monthly reconciliations (salary, tax, medical aid, provident funds)
- Prepare payroll-related management information as requested as well as providing payroll and leave reports to the business units monthly
- Load invoices on SAGEX3 with adequate reconciliations to the payroll system
- Prepare payment requisitions for all salary-related transactions, including directors’ remuneration and facilitate payment with the respective business units
- Maintain adequate record-keeping and support for transactions recorded on the Payroll system
- Register companies with the relevant authorities (SARS, Workmen’s Compensation and Department of Labour)
- Prepare, reconcile and submit declarations in respect of EMP201’s, EMP501’s, UIF declarations and Compensation declaration) and facilitate payment with the respective business units
- Administer the Group’s Medical Aid and Provident Fund portals including updating information, requesting schedules and querying inaccurate information provided
- Provide support to the HR Team in terms of process integration and other information required (including but not limited to preparation on dummy payslips, manual leave calculations etc)
- Prepare information for the internal and external auditors
- Primary liaisons with the PaySpace consultants in respect of the Payroll system
- Assist with queries from the respective authorities (SARS, Workmen’s Compensation and Department of Labour), internal auditors and external auditors
- Assist with all staff related queries on a daily basis
- Monthly maternity leave salary calculations
People
- Ability to communicate with a variety of individuals on all levels in order to obtain, confirm information and resolve queries
- Work effectively in a team
Education and experience
- Degree or Diploma in payroll administration or an equivalent certificate
- 3 years minimum experience in payroll administration