About the Role: The Payroll & Accounting Admin plays a critical role in ensuring the accurate and timely processing of payroll and maintaining comprehensive accounting records within the organization. This position is responsible for managing payroll operations, including salary calculations, deductions, and compliance with relevant laws and regulations. Additionally, the role involves supporting the accounting department by handling accounts payable and receivable, reconciling financial statements, and assisting with month-end and year-end closing activities. The successful candidate will collaborate closely with HR and finance teams to ensure seamless financial operations and contribute to the overall financial health of the company. This role requires a detail-oriented professional who can maintain confidentiality, demonstrate strong organizational skills, and adapt to evolving financial systems and processes. Minimum Qualifications:
- A diploma or degree in Accounting, Finance, Business Administration, or a related field.
- Proven experience in payroll processing and basic accounting functions.
- Familiarity with payroll software and accounting systems.
- Strong understanding of relevant labor laws and tax regulations related to payroll.
- Proficiency in Microsoft Excel and other office productivity tools.
Preferred Qualifications:
- Certification in payroll management or accounting (e.g., CPP, CPA) is an advantage.
- Experience with ERP systems such as SAP, Oracle, or QuickBooks.
- Knowledge of local tax codes and statutory compliance requirements.
- Previous experience working in a corporate finance or HR environment.
- Strong analytical skills and attention to detail.
Responsibilities:
- Process and administer payroll accurately and on schedule, ensuring compliance with all applicable laws and company policies.
- Maintain and update employee payroll records, including new hires, terminations, and changes in compensation or benefits.
- Prepare and reconcile accounts payable and receivable transactions, ensuring accuracy and timely payments.
- Assist in the preparation of financial reports, bank reconciliations, and month-end and year-end closing activities.
- Collaborate with HR and finance teams to resolve payroll discrepancies and support audits or financial reviews.
- Maintain confidentiality of sensitive payroll and financial information at all times.
- Support continuous improvement initiatives by identifying opportunities to streamline payroll and accounting processes.
Skills: The required skills are applied daily to ensure the accuracy and compliance of payroll and accounting activities, such as calculating employee wages, deductions, and benefits while adhering to legal standards. Proficiency in payroll software and accounting systems enables efficient data entry, report generation, and financial reconciliation. Strong organizational and communication skills facilitate collaboration with HR and finance teams to resolve discrepancies and support audits. Attention to detail is critical when reviewing financial documents and maintaining confidential records to prevent errors and ensure data integrity. Preferred skills, such as experience with ERP systems and advanced certifications, enhance the ability to manage complex financial processes and contribute to process improvements.