Payroll Executive

2 days ago

Shah Alam, Selangor, Malaysia Only World Group Full time 48,000 - 60,000 per year

Job Summary:

Responsible for managing and overseeing the organization's payroll  & administrative functions. This role requires a strong understanding of payroll processes, compliance with relevant laws and regulations, and effective communication with employees and external stakeholders. The individual will play a crucial role in ensuring accurate and timely processing of payroll, addressing payroll-related queries, and implementing improvements to enhance efficiency.

Key Responsibilities:

Payroll Processing:

  • Execute end-to-end payroll processes, including data input, calculations, and validation.
  • Ensure accurate and timely disbursement of employee salaries, bonuses, and other related payments.
  • Validate time and attendance records to ensure precision in payroll calculations.
  • Collaborate with various departments to gather necessary payroll inputs and updates.

Compliance and Legal Adherence:

  • Stay updated on labor laws, tax regulations, and other relevant legislation affecting payroll.
  • Ensure payroll processes comply with local, state, and federal regulations.
  • Prepare and submit statutory reports and filings related to payroll taxes and other mandatory contributions.

Data Management:

  • Maintain accurate and up-to-date employee records in the payroll system.
  • Manage employee changes, such as promotions, transfers, and terminations, ensuring timely and accurate updates in the payroll system.

Communication and Support:

  • Respond to employee inquiries related to payroll, taxes, and deductions.
  • Provide guidance and support to employees on understanding their pay statements.
  • Collaborate with the HR team to conduct payroll-related training sessions for employees.

Process Improvement:

  • Identify opportunities for process improvement and automation within the payroll function.
  • Work with relevant stakeholders to implement changes aimed at increasing efficiency and accuracy.

Audit and Reporting:

  • Conduct regular audits of payroll data to ensure accuracy and compliance.
  • Generate and analyze payroll reports for management and finance teams.

Qualifications and Skills:

  • Bachelor's degree in Human Resources, Finance, or a related field.
  • Proven experience in payroll processing and administration.
  • Strong understanding of payroll regulations, tax laws, and compliance requirements.
  • Proficient in using payroll software and MS Office applications.
  • Excellent attention to detail and accuracy.
  • Strong organizational and time-management skills.
  • Effective communication and interpersonal skills.
  • Ability to handle sensitive and confidential information with discretion.

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