Payroll Specialist

2 months ago


Johannesburg, Gauteng, South Africa Munich Re Full time

Job Summary:

We are seeking a highly skilled Payroll and Benefits Specialist to join our team at Munich Re. As a key member of our HR department, you will be responsible for the administration of our payroll and benefits programs, ensuring compliance with all relevant legislation and regulations.

Key Responsibilities:

  • Manage the monthly payroll process, including tax processing and expatriate postings
  • Administer employee benefits, including pension fund, short-term insurance, and funeral cover
  • Ensure compliance with all current payroll-related legislation
  • Manage internal monthly expatriate postings and reconciliations with the general ledger
  • Ensure accurate and timely payment of creditors
  • Manage the Mid-Year and Year-End Tax Reconciliation and Returns
  • Perform monthly backups and updates on the internal HR system (Sage People 300)
  • Participate in the monthly onboarding 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
  • Minimum 5 years in-house payroll operation experience
  • SAP accounting exposure and experience with reconciliation of salaries accounts
  • 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

About Munich Re:

We value diversity, equity, and inclusion in our workplace and strive to create an environment where everyone feels valued and supported. If you are a motivated and detail-oriented individual with a passion for payroll and benefits administration, we encourage you to apply for this exciting opportunity.


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