Payroll Manager

2 weeks ago

Pinetown, South Africa SHARON NUROCK RECRUITMENT CC Full time

Minimum Job Requirements:
Bachelorâs Degree in Commerce or Business Science.
Global Remuneration Certification (GRP), SARA Affiliation / Professional Designation.
Certification in a recognised job grading tool.
Minimum 7+ years experience in compensation and benefits, with at least 5 years experience in a leadership role.
At least 3 yearsâ experience in Payroll Management.
Demonstrable experience working on best-in-class payroll systems.
Strong understanding of payroll-related regulations with ability to navigate complex regulatory landscapes and adapt to changes.
Broad knowledge and experience in employment and compensation law and employees tax knowledge.
Knowledge of employee benefits and benefit administration.
Competencies:
Strong quantitative and analytical skills.
Ability to use data to drive/engage in high-level decision-making.
High stress tolerance and ability to prioritise and execute tasks efficiently in a highly pressurised environment.
Excellent communication, presentation, and interpersonal skills.
Must be collaborative and influential,
Strong project management skills.
Ability to lead cross-functional teams and prioritise diverse demands.
Exceptional accuracy and attention to detail.
Quality orientated and self-driven to achieve results.
High degree of confidentiality, emotional maturity, ethical values and integrity.
Key Performance Areas:
Report to the National HR Executive:
Payroll Strategy Development:
Contribute to the development of the payroll strategy and implement strategic initiatives to optimise payroll processes aligned with organisational objectives.
Governance and Control:
Overall management of the Southern African business central payroll, pension and personnel administration.
Design and implement internal controls to mitigate risks associated with payroll processes.
Ensure integrity of the payroll system, ensuring legislation and statutory requirements are translated correctly into the payroll setup.
Accountable for all tax year-end and IRP5 data processes.
Compliance Oversight
Stay abreast of local and legal regulations impacting payroll; ensure organisational compliance.
Lead efforts to interpret and implement changes in legislation affecting payroll practices.
Oversee all payroll administration.
Ensure projects are budgeted for and rolled out.
Manage the submission of EEA2 & EEA4 to the Department of Labour.
Technology Integration:
Work closely with Tech Services teams to ensure that payroll systems and technologies adhere to compliance standards.
Identify and implement technological solutions to enhance efficiency and control within the payroll function.
Risk Management & Reporting:
Develop and execute risk management strategies to identify and mitigate potential risks in payroll operations.
Conduct regular assessments and audits to address compliance and control issues.
Manage the Disaster Management plan for the Payroll/Pension/Personal admin and Remuneration departments.
Define regular reports required for HR as well as for operations.
Oversee various payroll reports for operational areas.
Leadership and Development:
Identify, manage and report operational risks to Remuneration and Benefits Executive.
Provide leadership to the Payroll team.
Recruit, develop, and retain a well-qualified and diverse team to deliver Payroll team services.
Define payroll team goals, coach staff to achieve desired results, etc.
Enable a performance and accountability focused culture through the implementation of practical performance objectives as per the company performance management guidelines.

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