Summary
The Payroll Executive plays a crucial role in ensuring accurate and timely payroll processing. Responsible for various payroll-related tasks, including new hire data management, salary processing, statutory payments, and payroll reconciliations, the Payroll Executive ensures compliance with company policies and regulations. With a keen eye for detail and proficiency in payroll systems, the Payroll Executive contributes to the smooth operation of the payroll function.
Duties and Responsibilities
- Do new hires process including interface and update the necessary data in the payroll system
- Process overtime/salary / new hires, part-timers & interns’ payroll and resigned staff final salary payment
- Do upload and verify overtime, unpaid absences, allowances, expenses, claims, and other one-time payments/recovery before the above payroll process
- To check on renewal contracts, conversations to permanent contracts, and re-employment contracts cases and update into payroll system
- To check on the computations and adjustments to be made for promotions and salary adjustments including calculations of back payment of salary increment, update/cease of fixed allowances & bonuses and update into payroll system
- Ensure all statutory claims i.e. In-Camp Training, childcare, paternity, shared parental & maternity leave are submitted promptly
- Ensure all foreign worker levy waivers are updated and submitted promptly
- Prepare payroll summary & reconciliation for GL interface and upload into SAP.
- Prepare payroll summary & reconciliation for CPF payments and upload into the CrimsonLogic website
- Ensure no overpayment of salaries to resigned staff and recover any overpayment if necessary
- Update salary owing worksheet and follow up - refer cases to debt collector / send reminders
- Liaising with staff on payroll-related queries
- Perform any other duties as and when assigned
- Ensure compliance with all workplace safety, security, and health policies and procedure
Requirements
- Minimum Diploma in Accounting or Finance from a recognized tertiary institution
- Minimum 1 year of relevant working experience
- Working knowledge of SAP and payroll system, familiarity with PayMaster is advantageous.
- Knowledge of statutory payments
- Able to handle payroll for 2000 headcounts
