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Payroll Accounting Manager

2 weeks ago

Cape Town, Western Cape, South Africa Global Human Capital Full time R1 200 000 - R2 400 000 per year
Introduction

Leading company with a intenational operations is seeking a Payroll Accounting wizard. You will need to have solid experience in share scheme incentives, payroll taxes and integrated payroll systems

Duties & Responsibilities
  • Manage the payroll processes, including managing the general ledger for RSA, African countries and the UK, verifying payroll data input and output, and ensuring accurate and timely payment of employees
  • Ensure compliance with legislation related to payroll, including employees tax, benefits, payroll earnings and deductions
  • Maintain accurate payroll records and prepare reports for management and statutory bodies
  • Reconcile payroll accounts and resolve any discrepancies in a timely manner
  • Collaborate with the Employee Benefits Department to ensure accurate employee data and maintain employee payroll records
  • Provide support for audits related to payroll and benefits
  • Develop and implement processes and procedures to improve payroll efficiency and accuracy
  • Oversee the financial impact of share incentive schemes
  • Assist with other accounting and finance functions as needed.
  • Supervise, mentor and develop a team in order to ensure high performance
  • Ensure the reconciling of all share incentive scheme activity (e.g. share gains, dividends etc.)
  • Overseeing the budget and forecasting various countries (RSA and African countries) for the department
Desired Experience & Qualification

Qualifications and Experience

  • Bachelor's degree in Accounting, Finance or a related field
  • Minimum of 5 years' relevant experience, including:
    • At least 3 years in accounting, with a focus on payroll and accounts payable
    • 2 years' experience leading a team
  • In-depth knowledge of payroll systems, accounting principles and payroll regulations
  • Strong understanding of payroll, payroll accounting principles and practices, as well as an in-depth knowledge of South African payroll and tax laws
  • Working knowledge of the Employee Tax Incentive (ETI) would be advantageous
  • Reconciliation and bi-annual submission of employees tax and annual tax certificates
  • Proficient in payroll software and systems, such as Oracle
  • Knowledge of legislation as it pertains to Payroll
  • Proficient in payroll software and Microsoft Office (Excel expertise is a must)
  • Experience preparing detailed reports

Competencies

  • Excellent analytical and problem-solving skills
  • Strong attention to detail with excellent organizational and time management skills
  • Ability to work accurately in a deadline driven and fast-paced environment
  • Excellent communication and interpersonal skills, with the ability to handle confidential information with discretion
  • Ability to work independently and as part of a team
  • Ability to use initiative and be pro-active
  • Self-motivated, organized and systematic
  • Highly adaptable, dependable, receptive and resilient