Compensation Manager

Overview

To supervise and manage all payroll procedures and systems, we are seeking a Payroll Manager with expertise and attention to detail. The payroll manager is responsible for managing employee records pertaining to pay and benefits, making sure that salaries are paid on time and accurately, and adhering to local laws. Maintaining organizational integrity and employee happiness depends on this position.

Responsibilities

• Oversee the timely and accurate compilation and processing of each employee's payroll. • Payroll systems are used to manage employee records, including promotions, compensation modifications, terminations, and new hiring. • Verify the accuracy of all payroll computations, including those for taxes, benefits, overtime, commissions, bonuses, and deductions. • Make that payroll procedures abide with regional tax laws, labour legislation, and reporting specifications. • Compile and timely submit the necessary tax returns, pension contributions, and other statutory reports. • To guarantee accuracy and compliance, audit payroll procedures on a regular basis. • Payroll software and systems should be updated and maintained for accuracy and efficiency. • Collaborate with the IT and HR departments to execute changes, improvements, or upgrades to payroll systems. • Respond to questions about payroll and settle disputes in a prompt, courteous manner. • Inform staff members on payroll procedures, policies, and modifications as necessary. • Find areas where processes may be improved to increase employee satisfaction, payroll accuracy, and efficiency.

Requirements

• A bachelor's degree in finance, accounting, business administration, or a similar discipline. • Seven years or more of payroll administration experience, at least two of those years spent in a leadership capacity. • Shown proficiency with payroll applications and systems • Strong familiarity with tax laws, payroll legislation, and compliance standards. • Advanced knowledge of payroll software and Microsoft Excel. • Outstanding ability to analyze and solve problems. • Outstanding time-management and organizing skills. • Strong communication and interpersonal abilities.