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Compensation Specialist

3 weeks ago

Bellville, Western Cape, South Africa Speciality Full time
Job Overview
We are seeking a highly skilled Compensation Specialist to join our dynamic team. The successful candidate will assist with payroll operations, ensure accuracy, and provide top-notch service to our clients.

About Us
Our company specializes in providing exceptional customer service and delivering high-quality results in the financial sector. As a key member of our team, you will have the opportunity to grow and develop your skills in a fast-paced environment.

Key Responsibilities
  • Act as the first point of contact for payroll administrators to resolve queries and escalate to Payroll Manager if unable to resolve.
  • Identify opportunities to streamline and improve payroll processes and procedures.
  • Review third-party payments for Payroll Manager to sign-off.
  • Prepare and consolidate statutory returns for Payroll Manager to sign-off (Africa & RSA).
  • Support the Payroll Manager as a Subject-Matter-Expert on Tax, Accounting and System related requirements for payroll (RSA, Botswana, Lesotho, Eswathini, Namibia).
  • Review variance reports in preparation for final payroll sign-off by the Payroll Manager.
  • Prepare and reconcile monthly payroll reconciliations per brand, per country.
  • Assist Payroll Manager with the internal and external payroll audits across all RSA & African entities.
  • Coordinate payroll activities to maintain accuracy and timeliness.

Requirements
This role requires a degree/diploma in payroll administration/finance management and at least 3 years of experience in processing multiple payrolls. Strong multinational tax knowledge is essential, as well as proficiency in Microsoft Suite and Google Suite. SAP experience is preferred.