Payroll Officer

2 weeks ago

Makati City, National Capital Region, Philippines iScale Solutions, Inc. Full time ₱300,000 - ₱600,000 per year

Responsibilities:

● Maintain and update employee and payroll records, ensuring accuracy and confidentiality.

● Collaborate with HR on employee contracts, benefits, and statutory contributions.

● Compute and process payroll, including proper deductions for taxes, government contributions, and benefits.

● Handle employee loans, advances, deductions, and ensure proper remittance and reconciliation

● Facilitate timely employee payments via bank file uploads or transfers.

● Ensure adherence to statutory legal requirements and stay updated on new legislation, advising management on necessary actions.

● Update and process remittances for government-mandated contributions, ensuring accuracy and timeliness.

● Prepare payroll reports, earnings statements, and related documentation for management review.

● Develop and enhance systems for payroll transactions, such as salaries, benefits, deductions, garnishments, and third-party payments.

● Draft and update payroll policies and procedures to align with organizational goals and compliance standards.

● Input and manage payroll data using accounting and administrative software tools.

● Prepare for the annualization process, which involves calculating the annual earnings and deductions for each employee to ensure accurate year-end reports.

Requirements:

● Bachelor's degree in Accounting, Finance, or a related field.

● Strong knowledge of labor laws and government regulations related to payroll and employee benefits (e.g., SSS, PhilHealth, Pag-IBIG, BIR).

● Proficiency in payroll systems and accounting software. Experience with Odoo and Google Workspace is a plus.

● Tech-savvy with proficiency in Gsuite.

● Strong analytical and problem-solving abilities, especially in handling payroll and compliance issues.

● Integrity in handling confidential and sensitive financial and employee information

● Familiarity with online payment processing tools and bank reconciliation processes.

● Excellent attention to detail and accuracy.

● Strong organizational and time management skills with the ability to prioritize tasks and meet deadlines in a fast-paced environment.

● Excellent communication and interpersonal skills.

● Ability to work independently as well as part of a team.

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