Payroll Accountant

Job Purpose:

Ensure accurate and timely processing of employee compensation, benefits, and final settlements, while maintaining compliance with internal financial policies, labor laws, and government regulations.

• Payroll Processing:
• Prepare and process monthly payroll for all employees, ensuring data alignment with HR records.
• Calculate base salaries, allowances, overtime, bonuses, incentives, and authorized deductions (absences, delays, penalties).
• Deductions & Statutory Compliance:
• Calculate and remit General Organization for Social Insurance (GOSI) contributions and manage supporting government platforms.
• Track and apply personal deductions, employee loans, and salary advances.
• Benefits & End of Service Settlements:
• Compute and process End of Service Benefits (EOSB), annual leave payouts, and final settlements for departing employees.
• Prepare and post payroll journal entries into the Enterprise Resource Planning (ERP) system.
• Conduct periodic reconciliations between payroll ledger accounts and company bank statements.
• Upload monthly payroll files via the Wage Protection System (WPS) within designated deadlines.
• Support & Auditing:
• Address employee inquiries regarding salary breakdowns and deductions with transparency.
• Collaborate with internal and external auditors by providing required payroll documentation and records.

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: 2–4 years of proven experience as a Payroll Accountant or in a similar role.
• Technical Skills & Systems:
• Proficiency in ERP systems (e.g., SAP, Oracle, Odoo).
• In-depth knowledge of Labor Law, GOSI regulations, and Wage Protection System (WPS) requirements.