Payroll Specialist

Job Description

Job Responsibilities:

1. Payroll Processing:

- Calculate employee wages based on hours worked and pay rates.

- Process payroll adjustments, including bonuses, commissions, and deductions.

- Ensure accurate and timely distribution of payroll to employees.

- Handle payroll inquiries and resolve discrepancies.

2. Compliance:

- Stay updated on tax regulations.

- Ensure compliance with tax regulations, including withholding and reporting requirements.

- Responsible to handle insurance monthly data update and monthly payment

- Prepare and file payroll tax returns and other regulatory filings.

- Assist with audits and provide documentation as needed.

3. Record Keeping:

- Maintain accurate payroll records, including employee information, earnings, and deductions.

- Maintain staff database, keep track and follow up staff's contract and update new join and exit staff information in the current month

- Maintain other HR related documents, systems or filings including insurance - Generate reports for management and accounting purposes.

- Ensure confidentiality and security of payroll data.

4. Approval Systems Management:

- Responsible to collect and process monthly attendance record.

- Responsible to maintain and collect related Approval flow for payroll data.

- Coordinate with related approval system PIC both for update or problem solving 5. Communication and Collaboration:

- Work closely with Recruitment to ensure accurate employee data.

- Collaborate with finance and accounting teams on budgeting and forecasting. - Communicate payroll-related policies and procedures to employees.

Job Requirement

Job Requirements :

- Bachelor's degree in accounting, finance, or related field preferred.

- Proven experience as a payroll and tax specialist at least 3 years

- Retail industry or same industry with more than 2000 manpower, preferably has experience do manual payroll and tax calculation

- Fluent in English is a must .

- Strong understanding of payroll regulations and compliance requirements.

- Proficiency in payroll software and MS Office applications, particularly Excel. - Excellent attention to detail and accuracy.

- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.