Description:
Alexander Lloyd are delighted to be exclusively partnering a progressive and forward thinking International Services Organisation with the key hire of a Payroll Benefits Manager on a permanent basis.
The main purpose of the role is to create an efficient payroll process, , looking at processes and procedure and making changes etc. becoming the “super user” and contact for any payroll issues and systems queries.
Key responsibilities:
- Process payroll changes, new hires, terminations, and other payroll-related transactions in a timely manner.
- Review and audit payroll reports to identify discrepancies and ensure accuracy.
- Collaborate with finance and accounting teams to reconcile payroll data and resolve any discrepancies.
- Collect and analyse data related to compensation, benefits, and payroll to identify trends and make informed recommendations.
- Stay updated on changes in tax laws, labour regulations, and other relevant legislation affecting payroll, and implement necessary changes to ensure compliance.
- Respond to employee inquiries and concerns related to payroll.
- Conduct regular market research to ensure our compensation and benefits packages remain competitive.
- Design, implement, and administer employee compensation and benefits programs, including health insurance, retirement plans, and other fringe benefits.
- Analyse and evaluate the effectiveness of existing compensation and benefits programs and recommend adjustments to ensure they align with organizational goals and industry standards.
- Provide guidance and support to employees on compensation and benefits-related inquiries.
- Oversee and manage the entire payroll process, ensuring accuracy and compliance with relevant laws and regulations.
- Prepare regular reports for management on compensation and benefits metrics, payroll expenses, and other relevant data.
- Ensure compliance with local regulations related to compensation, benefits, and payroll.
- Keep abreast of changes in regulations, labour and employment laws and rgulations, and make necessary recommendations to policies and procedures to remain compliant.
Key attributes:
- Knowledge of compensation and benefits best practices, as well as current regulations governing payroll
- Good level of computer literacy; Excel experience is a necessity
- numerate, problem solving
- Communication and people skills
- Analytical skills and attention to detail
- Experience as a Compensation and Benefits Specialist or similar role, with a focus on payroll responsibilitie