Payroll Officer

1 week ago


Mandaluyong City, National Capital Region, Philippines Bank of Commerce (Philippines) Full time

JOB SUMMARY

  • Support administration of various activities in Payroll Accounting Section with a high degree of responsibility, discretion and confidentiality.
  • Responsibility encompasses payroll processing, compliance with relevant regulations and providing excellent employee support on their queries.

JOB DESCRIPTION

  • Handles concerns or questions regarding the timekeeping and other attendance-related concerns.
  • Accurately and efficiently processing payroll of employees which includes verifying employee time and attendance data, calculating salaries, wages, overtime, and deductions, and ensuring compliance with relevant labor laws and regulations.
  • Reviews payments and remittances of government and private statutory benefits.
  • Maintains and optimizes the payroll software system, ensuring data integrity, troubleshooting any technical issues, and implementing system updates or enhancements as necessary.
  • Performs tasks associated with monthly, quarterly and year-end payroll reporting and taxation.
  • Complies with tax laws and regulations. This includes accurate and timely filing of withholding tax returns, remitting withholding taxes, year-end tax annualization and maintaining up-to-date knowledge of relevant laws and regulations.
  • Mentors payroll associates by providing guidance, training, and performance feedback to optimize team productivity and effectiveness.

JOB QUALIFICATION

  • At least 3 years of experience under Payroll Department.
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