Financial Operations Specialist

6 days ago


Paranaque City, Calabarzon, Philippines Allegro MicroSystems Full time

The Allegro MicroSystems team is committed to delivering innovative solutions that drive business success.

We are seeking a skilled Financial Operations Specialist to join our finance team, responsible for preparing payroll registers and bank files (soft copy) and maintaining accurate records. The ideal candidate will have experience with timekeeping and payroll processing, as well as above average computer literacy (MS Office Applications).

Key Responsibilities

  • Prepares payroll registers and bank files (soft copy) and maintains accurate records
  • Uploads income and deduction data in the MyHR Timekeeping and Payroll system, including advances, CAMPE deductions, capital build-up, cash loans, fast loans, educational loans, bazaar loans, attendance and overtime adjustments, and other benefits and allowances
  • Provides technical assistance to MyHR users through phone/email in validating and resolving employees' payroll timecard exceptions
  • Sends email announcements to MyHR users regarding payroll cut-off and deadlines for reviewing and resolving employee timecard exceptions
  • Facilitates Employee Orientation Program (EOP), Tax Forum, and Benefits & Payroll Refresher activities
  • Prepares Direct and Indirect Labor Analysis – due every 1st Tuesday after FS cut-off, Impact on Headcount Report – due every 1st Thursday after FS cut-off, and Detailed Overtime Report – due every 1st Thursday after FS cut-off
  • Computes and prepares employee benefits, including 13th month pay, cash conversion of unused leaves, final pay, tax refund, and transmits monthly SSS contributions/loans, PHIC contributions, and HDMF contributions/loans through the bank's Online Banking facility
  • Prepares Alphalist for Non-Empteemployees as an attachment of BIR Form 1604 CF (prepared by Payable & Payroll Section Head)
  • Supports ETQ and Financial/SOX audit by providing necessary documents and information
  • Attends to employee queries/concerns on payroll, ATM, and other related matters, and takes corrective action when necessary
  • Initiates process improvements to enhance efficiency and effectiveness

Reports Prepared

Payroll Distribution Report and Journal Entries, Basic/Overtime Accrual Entries, 13th month and Leaves Accrual, Alphalist for Non-Exempt Employees, Impact on Headcount Report, Detailed Overtime Report

Education

  • Any college degree (Accountancy or Business Administration is preferred)
  • Preferably with at least three (3) years' relevant work experience in timekeeping and payroll processing; fresh graduates are welcome to apply


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