Payroll Administrator

2 days ago


Johannesburg, Gauteng, South Africa Munich Re Full time
Job Summary:

We are seeking a highly skilled Payroll & Benefits Specialist to join our team at Munich Re. As a key member of our HR Services department, you will play a critical role in the administration of employee rewards and benefits.

Key Responsibilities:

• Manage the monthly payroll and tax processing activities, including expatriate postings and reconciliations.
• Support the administration of employee benefits, including pension fund, short-term insurance, funeral cover, and retirement process.
• Ensure compliance with all relevant payroll legislation and regulations.
• Manage internal monthly expatriate postings and reconciliations with the general ledger.
• Ensure accurate and timely payment of creditors and reconciliation thereof.
• Manage the Mid-Year and Year-End Tax Reconciliation and Returns.
• Ensure timely monthly back-ups and updates on the internal HR system (Sage People 300).
• Participate in the monthly on-boarding of new employees.
• Support the Annual Company Bonus payout cycle and Salary Increase process.
• Administer the Pension fund, including monthly reconciliation, claims, employee queries, and retiree support.
• Support all reporting-related payroll requirements and audits as necessary.

Requirements:

• HR degree or National Diploma in Payroll/Finance or related studies.
• Strong functional knowledge and a minimum of 5 years in-house payroll operation experience.
• SAP accounting exposure and experience with salary account reconciliations.
• Proficient with Sage 300 People.
• Advanced Microsoft Excel skills.
• Knowledge of best practices around salaries and payroll topics, policies, and procedures.
• PAYE knowledge is essential.
• GRP qualification is advantageous.
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