Job Description

Job Summary Our client is looking for axc3x82 PTP Payroll Accounting Specialist.xc3x82 This role will expose you to a diverse working environment with endless opportunities to grow as an individual and to work for an organization that promotes equality.xc3x82 This is a 6-month contract xc3x82 (This role is available immediately) The Specialist of PTP (Payroll Accounting) will ensure the complete, accurate and timely accounting of all payroll transactions of the business, in accordance with defined operating procedures, policies, SOX, compliance and business partner service level agreements. Month-end and ad-hoc reporting will be a key part of responsibilities. The individual will enjoy problem solving and striving to improve the metric of the operational process. Payroll data is also generated and given to the Business and GS Telecoms, and this will be overseen by The Specialist PTP Payroll Accounting. Minimum Requirements: Matric / Grade 12 essential Matric with 5 years Accounting experience or Degree in Accounting with 3 years Accounting experience At least 2-3 yearsxc3xa2xe2x82xacxe2x84xa2 Financial Operations processing and accounting experience, at a high performance rating, is required SOX, IFRS and local GAAP knowledge. End-to-end knowledge of Finance Operations activities as well as in depth knowledge of associated business processes. ERP knowledge - SAP , Sage SAP HR SAP FI Ability to communicate at all levels (Front line to Executives). Strong interpersonal and influencing skills and within a Global community. Possesses Analytical skills with attention to detail. Required to report to various stakeholders. Responsibilities: Invoicing of Ex-employees from whom we need to collect money. Debt collection for Ex-employees. If internal payroll process is not able to collect, then this will be handed over to Credit Risk department and even if they are not able to collect then it will be given to external agency. There is a debt collection policy in place which governs this process. There is step by step guide on the relevant age of the debt. Bad Debt Provision: When employees exit and amount recoverable from them is more than their final payment (e.g., Study Loans) and if the business is unable to recover these then a provision is created by OTC team on the basis of details provided by Payroll Accounting team. Generally, after 180 days these are written off as bad debts. Request for Credit Notes for write off of invoices from ex-employees: Similar for invoicing just raise a credit note. They apply into the customer account so that it nets off to the original invoice. This is the write off of above as per policy. Credit and Risk will give the instruction to write off. There is physical sign off required for this process. Obtain all related information to calculate the deductions e.g., restaurant, wellbeing, parking, certain conditions linked to employment contract e.g., limitations on house car rental amounts for employees. Schedules submitted to SSC for deductions to be sent to Payroll for capturing. Preparation of schedules for IRP5 capturing e.g., relocation allowances and submitting to SSC for payroll capturing by Payroll. Third party payments to creditors include restaurants, social clubs, relocation costs, fees paid to professional bodies and rentals for assignees. Payroll team obtains invoices, reconciles to deductions and pays over. Process invoices as per above by capturing it manually on CATS. Differences investigated and resolved. Run report for Net Pay out of SAP Legacy and download into Cats for payment of monthly salaries. Online workflow approval for Professional Fees. Employees need to give online consent for a professional fee to be paid and structured as part of package. Once the consent is given then payment would be done, and sacrifice would be loaded. "Social Clubs: This is the subscription paid to Golf Course for the membership of staff. There are only very few employees on this scheme now remaining. Employees have R3,000 for entrance and R2000 for subscription paid by company and if subscription goes beyond R2000 then it is deductible from the payroll. This is a taxable fringe benefit. Professional Fees: This is the professional fees (registration fees) paid to SAICA and other institutions to continue with their registration with the institutions. The business will pay on behalf of the employee, and this will be loaded as a Salary Sacrifice." Payment of relocations costs. HR negotiates the relocation agreement with employee, and this is payable to them on relocation. HR sends the information to Payroll accounting team via online workflow and Payroll Accounting Manager and Senior Analyst approves the payment and then it gets uploaded on CATS and finally paid. These details are sent to Payroll Admin team for payroll to be processed. Payroll Accounting team will pay only non-taxable portion to employee as a standalone payment. Support to SSC with regards to information for local VSA entities invoicing each other for local Payroll and cost recoveries between local VSA entities. Support SSC with preparation of Cross Company Journals for the invoicing of all local payroll charges between Local VSA companies. These may include payroll expenses (through FI interface), transfer of leave and bonus amounts and transfer of FSP amounts and FSP resignations. All these invoicing is excluding VAT.

TalentCru

Recruiter

Job Mail