Senior Payroll Executive / Payroll Specialist

Responsibilities

• Payroll Processing
• Utilize payroll software to process transactions, including salary calculations, overtime, bonuses, and deductions.
• Handle complex adjustments, such as leaves, benefits, and allowances.
• Ensure accurate payment to employees on scheduled dates
• Payroll Administration
• Submit monthly CPF contributions to the CPF Board.
• Prepare and submit annual IR8A forms to IRAS.
• Handle tax clearance for foreign workers.
• Manage exit procedures, including discharge letters and final payment.
• Compliance and Accuracy
• Verify the accuracy of payroll data entered and addressing discrepancies.
• Ensure compliance with local regulations, tax regulations, and company policies.
• Facilitate audits by providing records and documentation to auditors.
• Other Administrative Tasks
• Perform other administrative tasks and duties as assigned.
• Prepares and submits to Finance Department a monthly payroll report showing the breakdown of salary costs by department for month end financial reporting purposes.
• Prepare payroll accounting entries for Finance.
• Prepare payroll audit schedules or month end closing.
• Prepare payroll budget.

Requirements

• Proven experience in complex payroll processing for a large company.
• Proficient in Prosoft and Excel.
• Attention to detail, confidentiality handling and effective communication.

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