Senior Payroll Executive

Job Locations LB-Beirut
Posted Date 1 month ago(14/03/2024 16:58)
Job ID
2024-2018
# of Openings
1
Category
Human Resources
Position Type
Permanent Full-Time

Overview

Role Purpose
To process the payroll function in order to secure its efficient operations while abiding by the rules & regulations of the division.

Responsibilities

Payroll Processing

  • Coordinates the accurate processing of payroll within a specified timeframe to ensure accordance with statutory requirements.
  • Calculates and processes all salary and wages increases plus other adjustments and termination payments to ensure accordance with statutory requirements.
  • Processes authorized deductions and allocations of labor costs (payroll taxes, NSSF deductions, employee benefits etc.) paid by both the employee and employer in order to calculate precise monthly wages.
  • Ensures that all payroll information on the computerized payroll system is updated to maintain reliability and to prepare accurate reports as required.
  • Facilitates the electronic & physical transfer of salaries and wages to financial institutions to ensure the confidential receipt of information on time.
  • Conducts all payroll accounting entries throughout the month and generate the monthly statement for relevant accounts
  • Monitors & follows up regularly with sales managers on the right implementation & processes of the incentive schemes.
  • Reconciles payroll general ledger accounts on monthly basis and at year end to ensure the matching of accounts.

Organizing & Reporting

  • Ensures that all employee payroll information and documentation and records are received, accurate and complete and maintained to allow ease of access of full & updated personnel files.
  • Updates on monthly basis the C&B KPI’s figures in addition to the consolidation of Recruitment and L&D KPI’s to the HR dashboard
  • Provides effective solutions to administrative payroll issues to make them less time-consuming
  • Prepares reports on payroll issues
  • to achieve periodic review of policies and procedures

TM Purpose

  • Acts as a role model by living Transmed Purpose on daily basis.

Qualifications

Academic Education & Professional Certifications

  • BA in Accounting or equivalent
  • HR Certification is a plus

Operational & Managerial Experience

  • 5-7 years of experience in Lebanese Payroll
  • Exposure to HR is a plus

 

Technical Skills

  • Excellent computer skills: Excel
  • JDE Payroll Software knowledge is a plus
  • Good Reporting skills
  • General Knowledge in accounting principles is a must
  • Knowledge of Income & NSSF taxations is a plus
  • Knowledge of Labor Law is a plus

 

Language Skills

  • Fluency in both English and arabic written and verbal is a plus

Other Requirements

  • Good Reporting skills
  • Analytical Thinking
  • Attention to Details
  • Confidentiality
  • Trustworthy
  • Aptitude for working with numbers

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