Job Description

Payroll Accountant (6-Months) Pretoria Temporary Position Finance / Accounting ~ Human Resources / Recruitment
Pretoria - GautengPayroll Accountant (6-Months) Pretoria Temporary PositionSalary: Market relatedOverview:The prospective incumbent shall be responsible for the implementation of the organizational strategy as it relates to implementation, maintaining, and reviewing payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions. Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.Preparation of GL monthly reconciliations. Control and drive the monthly reconciliation of statutory and third-party payments. Budget monitoring & control. Prepare monthly, quarterly, and annual journals for the entire organization and per payroll cost centres. Review financial policies and procedures. Manage human resources and monitor employee performance. Implement and ensure adherence to internal control procedures. Comply with all legislative and regulatory requirements.Minimum Requirements and Experience:

• Applicants must be in possession of a B Com (Acc) / B Compt degree or equivalent qualification.
• A post graduate qualification in Finance is an advantage.

Experience:

• At least 3 years experience in a payroll management and benefits environment or equivalent of a combination of education and experience
• Having implemented an ERP system advantageous.
• Experience using Payroll software, accounting software, word processing, spreadsheets, and Microsoft Office Suite; additional system knowledge a plus.

Core knowledge:

• Understanding of the South African Local Government environment.
• Knowledge and understanding of the Public Finance Management Act (PFMA).
• Knowledge and understanding of International Financial Reporting Standards (IFRS) or GAAP.
• Knowledge and understanding of Internal Control procedures and the ability to design, implement and maintain internal controls.
• Knowledge and understanding of Financial Reporting principles and techniques and the ability to apply these in compiling financial reports.
• Knowledge of and the ability to prepare and apply Policies and Procedures.
• Understanding of project management principles.
• Understanding of all relevant legislation.
• Understanding of the principles underpinning all the disciplines reporting into this position.
• Understanding of budget planning and control principles.

Specialized knowledge:

• SAP experience highly beneficial.
• Must be proficient in exercising technical leadership.
• Knowledge, understanding and application of relevant Labour legislation (BCEA).
• Excellent knowledge of accounting systems and principles.
• Excellent knowledge of finance and accounting management.

Key performance Areas:Output on Strategic Management:

• Develop the well-being of the organizations payroll services by determining payroll liabilities through the accurate calculation of employee salaries, taxes, superannuation, leave entitlements and workers compensation payments.
• Comply with all legislations and regulations regarding finances, payroll, tax filings, and reporting.
• Generate monthly, quarterly, semi-annual, and annual reporting on earnings, taxes, deductions, leave, insurances, and non-taxable salaries and wages.
• Coordinates and monitors activities by preparing payroll year-end workpapers for internal and external auditors, preparing year-end journal entries, adjusting entries and accruals, preparing financial reports and statements, coordinating payroll audit activities with internal and external auditors.
• Review and improve payroll policies and procedures on an ongoing basis and participate or lead ad hoc projects in support of the business units achieving the strategic objectives.
• Give input into Finance and SCM Strategic Plan and manage threats and opportunities that such developments represent.
• Interpret new legislation impacting payroll and advise the senior leadership team on appropriate action.

Output on Financial and Operational Management

• Review and authorize all changes done on the payroll system compare the input data with variance report to verify the correctness of the information and sign it as evidence that it has been reviewed, calculate salary increases and performance bonuses approved by NEC and Remuneration panel and submit to CFO for approval.
• Maintains all payroll general ledger accounts by preparing reconciliations and analytical reviews, performing account analysis, and accounting entries, applying final approval on weekly payroll expenditures, tax withholdings and other deduction journal voucher postings to the financial accounting system, applying final approval of all automated and manual payments for garnishments, tax withholdings, deductions for savings deductions and any other payroll withholding.
• Monitors payroll general ledger budget personnel cost line items by coordinating with department personnel when budget transfers are required, coordinating with budget office to payroll related accounts, providing information and answering all budget related questions.
• Assists the line manager by processing employee payroll, paying taxes, making deposits for withholdings, transmitting direct deposits, preparing employer's quarterly tax return, coordinating with business units to ensure proper payments, processing garnishments, tax, annual Workmens Compensation reporting, cash advances and duplicate checks, and performing duties in the absence of line manager and employees reporting to me.
• Assists in the operation and management of the Company's payroll system by recommending payroll process improvements, coordinating the development and maintenance of the automated payroll/general ledger interface, monitoring policies and procedures, providing training to payroll personnel, working with Information Systems regarding payroll enhancements and performing testing to protect the accuracy and integrity of payroll information and system.
• Check and authorize processed payments by calculating worker's compensation payments and supplements for temporary workers compensation employees and working with Human Capital Cluster and Operating departments to determine leave and continuation of payments.

Output on Team Management:

• Oversee and supervise the team in ensuring the pay is processed on time, accurately, and in compliance with legislation or regulations.
• Develop and manage direct staff and provide guidance, provide constructive feedbacks on attracting and developing key team members for the Company.
• Monitor the accurate processing of staff appointments, transfers, promotions, and terminations, including the governance structures claims.
• Supervise and co-ordinate activities of payroll employees to meet operational requirements, including performance management if necessary.
• Uphold sound leadership practices and ensure compliance with HR policies and procedures.
• Provide support to team members and end-users on functionality of payroll systems used within th Company.

NB: Should you not be contacted within 2 weeks of your application, please consider it as unsuccessful.Apply for this Job

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