Payroll Accountant - Abu Dhabi

KS Talent Solutions Abu Dhabi, United Arab Emirates
Posted ‎5 days ago In-Office Permanent AED25k - AED35k
P
Posted by
Poonam Singh
Recruiter
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I am working with one of my clients which is one of the prestigious
organizations and also an investment arm of Abu Dhabi government. They are
looking for candidates who has solid Payroll accounting experience with strong
oracle background, having min ‎10 years of experience in a company with ‎500+
employees.
Purpose of the Role
Responsible for the timely and accurate processing of all payments (salaries,
benefits, incentives) and deductions relating to the Entitlements and Payroll
functions within the company as per HR Policy and Administrative Committee
resolutions. In charge of managing the process of reconciliation of all
payroll accounts and initiates accounting action plans as and where necessary
Main Duties and Responsibilities
Handles the correct and timely processing of staff benefits that include
salaries and monthly allowances, housing, furniture and joining allowances,
car loans, education fees, annual tickets and car allowance as per HR Policy,
internal rules and specific to the employee's employment contract
Maintains and updates employee records whenever there is a change in the
employment status such as promotion, transfer, salary review, annual
increment, change of job title, contract type and/or employee data, change of
marital status, bank and dependent details.
Processes, monitors, and updates business travel and training payments (daily
allowance, tickets and any type of leave) in coordination with the concerned
department and General Services.
Processes and updates car loans transactions as per the employee's request
based on a thorough check of the required documents. Follows up on the car
mortgage and deductions to ensure accuracy and completeness.
Maintains, controls and processes payroll information of all employees to
ensure prompt and accurate payments via bank transfer for both the weekly
payments and monthly pay run.
Balances the payroll accounts through reconciliation of payroll ledger
accounts and resolves all payroll discrepancies for any outstanding items.
Initiates and takes action on all related accounting entries as necessary.
Reviews, analyzes and verifies payroll reports and documents for accuracy;
makes necessary adjustments or corrections through journal entries or other
established processes.
Resolves payroll discrepancies by collecting and analyzing information,
provides appropriate action plans and implements a permanent solution.
Calculates and uploads the monthly pension contribution for National and GCC
employees. Instructs the AP team to process the payment prior to the deadline
of every month.
Manages the process of the end-of-service payments, final settlement
calculations and clearance for resigned, terminated and/or retired employees.
Delivers the standard Management Accounts Induction Session for all new
joiners and presents an overview of allowances, benefits, payment cycles etc.
as per HR Policy and internal rules.
Recommends, implements and manages continuous improvement of processes to
increase efficiency, accuracy and reliability for entitlements and payroll.
Takes part in recommending, testing and implementing changes made to the
Oracle system to improve systems and process workflows.
Responsible for preparing reports such as the Monthly Payroll report; business
travel; actual expenses reports and other reports as required.
Researches employee benefits to ensure that the Company is up-to-date with
current practices in the UAE and recommends changes or modifications to the
existing company policies if require
Technical Expertise / Skills / Knowledge
* Sound understanding of general principles of accounting and payroll processing
* Good understanding of relevant UAE law
* Sound analytical and intellectual capabilities
* High level of accuracy and attention to detail
* Good communication skills (spoken & written)
* Good interpersonal skills and ability to interact effectively with managers / staff from different cultural backgrounds. Key Role Interfaces
* Internally: Maintains personal contacts in other parts of the organization with those who can provide work related information.