• Payroll Processing: Accurately calculate and process employee salaries, wages, bonuses, deductions, and overtime according to company policies and legal regulations.
• Payroll Reporting: Prepare and distribute payroll reports to management, detailing salaries, deductions, and other relevant payroll data.
• Compliance: Ensure that all payroll activities comply with local labor laws, tax regulations, and company policies.
• Tax & Benefits Deductions: Manage and ensure the correct deduction of taxes, social security, pensions, and other employee benefits from paychecks, in compliance with applicable laws and regulations.
• Employee Inquiries: Address employee questions and concerns regarding payroll matters, providing prompt and accurate information.
• Time & Attendance Integration: Work closely with the HR department to ensure employee time and attendance records are accurate and integrated into the payroll system.
• Payroll Adjustments: Process any payroll adjustments, such as retroactive pay, bonuses, or corrections for underpayment or overpayment.
• Year-End Reporting: Prepare and issue year-end payroll reports, including tax forms and summaries, in compliance with local regulations.
• Record Maintenance: Maintain accurate payroll records and ensure secure storage of employee compensation information.
• Audit Support: Assist with internal and external audits by providing necessary payroll documentation and ensuring compliance with audit requirements.
• Confidentiality: Maintain strict confidentiality regarding employee compensation and payroll-related data.
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