Compensation Specialist
3 days ago
Kaelo is a leading healthcare solutions provider in South Africa, offering essential services to ensure the well-being of all citizens. We are seeking a meticulous Compensation Specialist to handle the day-to-day payroll capturing, including the processing of third-party payments, EMP201, and EMP501 submissions, as well as WCA compliance, using the Psiber payroll system.
Key Responsibilities- Day-to-Day Payroll Capturing:
- Capture payroll data accurately, including attendance, overtime, third-party payments, and other payroll adjustments, ensuring all entries are correctly recorded in the Psiber payroll system.
- Update and maintain employee records in the Psiber payroll system, ensuring that payroll information is accurate and up to date.
- EMP, WCA, and Statutory Compliance:
- Ensure accurate and timely completion of EMP201 monthly submissions (including PAYE, UIF, and SDL) and EMP501 reconciliations in compliance with SARS regulations.
- Prepare and submit EMP501 annual tax submissions for employees, ensuring accuracy and resolving discrepancies as needed.
- Process Workmen's Compensation Act (WCA) submissions and ensure correct classification of employees for WCA reporting and compliance with the Department of Employment and Labour.
- Third-Party Payments:
- Process and manage third-party payments, such as garnishments, loan repayments, medical aids, and pension contributions, ensuring they are accurately captured in the Psiber payroll system.
- Ensure timely and accurate payments to third-party organizations and vendors, maintaining proper records of transactions.
- Payroll Adjustments and Deductions:
- Process employee benefits, deductions, and payroll-related adjustments within the Psiber payroll system, ensuring compliance with company policies and statutory requirements.
- Ensure the correct processing of statutory deductions such as UIF, PAYE, and SDL.
- Payroll Queries and Discrepancies:
- Handle payroll-related queries and discrepancies from employees, management, and third-party providers, providing timely and accurate solutions.
- Reporting & Compliance:
- Generate payroll reports as required, including statutory reports (EMP201, EMP501), third-party payments, and other payroll-related reports.
- Ensure compliance with BCEA, SARS regulations, and other relevant statutory payroll requirements.
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