Financial Operations Specialist

3 weeks ago

Johannesburg, Gauteng, South Africa TalentCru Full time
Job Description

TalentCru is a leading workforce solutions company, driven to grow people, businesses and economies through connections that allow them to realize their potential. We have an exciting opportunity for a Financial Operations Specialist in Gauteng.

The position is responsible for the administration of all personnel data in the payroll system and preparation of payrolls. This includes processing of payroll related taxes to ensure compliance with local laws, regulations as well as contractual client obligations.

  • We are looking for a highly skilled candidate with a Diploma in Business Administration (ideally with a focus on Human Resources) or equivalent qualification.
  • A university degree is preferable but not compulsory.
  • A minimum of 2 years of post-qualification experience in the area Administration and Payroll is required.
  • Experience with employee relations and Performance Management Systems is essential.

Key Responsibilities:

  • Promote payroll excellence by ensuring accuracy, efficiency and compliance.
  • Prepare the payroll including hours worked and benefit deductions from time sheets and other records.
  • Transmit payroll data to finance systems and issue payment files.
  • Record changes affecting net wages such as exemptions and tax directives.
  • Prepare reports of earnings, taxes and deductions.
  • Ensure changes registered in HR Operational systems are reflected in finance systems e.g. new hires and terminations.
  • Update the payment instruments and carry out the Compensation Benefits tasks.
  • Ensure time, expenses and benefits are accurately captured.
  • Ensures the accuracy of all data related to payroll tax on the system is in compliance to tax regulations and legislation.
  • Resolve payroll tax related issues.
  • Ensure all tax payments, fillings and reconciliations are completed in a timely manner.
  • Conduct third party payroll tax audits (External/ Internal/ SARS).
  • Escalate potential payroll issues.
  • Participate in periodic reviews of all payrolls to ensure compliance.
  • Participate in payroll tax audits.

About the Role:

  • The salary range for this position is R350,000 - R450,000 per annum, depending on experience.
  • This role requires strong analytical and problem-solving skills, with the ability to work under pressure and meet deadlines.

Requirements:

  • Diploma in Business Administration or equivalent qualification.
  • Minimum of 2 years' experience in payroll administration.
  • Strong knowledge of payroll tax legislation and regulations.

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