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Position Overview
The Payroll & Benefits Manager is responsible for overseeing all payroll functions, ensuring accurate preparation, distribution, and reporting while adhering to relevant regulations. This role involves collaboration with the Payroll Vendor and managing all administrative aspects related to employee compensation and benefits.
Key Responsibilities
- Execute payroll processing with accuracy and timeliness.
- Supervise the integration and management of timekeeping and payroll systems.
- Ensure compliance with all applicable legal standards and organizational policies.
- Address and resolve employee inquiries regarding benefits.
- Administer the employee benefits program with diligence and care.
- Provide educational resources to employees concerning their benefits and payroll-related questions.
- Collaborate with external payroll service providers for efficient payroll and benefits management.
- Generate essential payroll documentation, including postings, funding requirements, and monthly reports.
- Maintain detailed records of all payroll transactions and employee data.
- Process government-mandated leaves, including maternity and paternity, along with tax clearances and claims.
- Ensure adherence to local tax regulations and legislative requirements concerning employee benefits and payroll.
- Conduct thorough payroll reconciliations, cost allocations, and manage payment-related tasks.
- Work collaboratively with internal and external stakeholders to manage payroll and benefits operations, reporting, and audits.
- Respond promptly to payroll-related inquiries.
- Manage comprehensive employee benefits programs, including processing group benefits insurance invoices.
- Liaise with brokers and insurers on insurance and benefits matters.
- Participate in and prepare for the annual insurance renewal process.
- Address and resolve employee concerns regarding their benefits.
- Conduct detailed reporting and analysis, maintaining organized records of all benefits transactions and communications.
- Provide recommendations for enhancements to the benefits plans.
- Engage in the continuous improvement of payroll and benefits processes.
- Perform other related duties as assigned.
Candidate Qualifications
- A minimum of 5 years of experience in payroll processing and administration.
- Strong knowledge of payroll principles, taxation, and labor laws/regulations in Singapore and/or other APAC regions.
- Exceptional attention to detail and accuracy in payroll calculations and data entry.
- Proficient in Excel.
- Ability to handle confidential information with discretion and maintain a high level of integrity.
- Capable of working independently and collaboratively in a fast-paced environment.
- Self-motivated with excellent organizational skills to meet deadlines and manage multiple priorities.
Compensation
