Financial Analyst, Payroll Specialist
3 days ago
As a luxury hotel in the heart of Singapore, we provide an exceptional experience for our guests and residents. Our team is dedicated to delivering world-class service and creating unforgettable impressions.
Role Overview
We are seeking a meticulous and detail-oriented Financial Analyst, Payroll Specialist to manage our payroll system, ensuring timely and accurate processing of wages in compliance with applicable tax laws and company policies. This role requires strong technical expertise in payroll processes and accounting principles.
Duties and Responsibilities
- Accurately input and process payroll data for preparation of cheques.
- Review employee status changes and ensure correct data entry into the payroll system.
- Reconcile discrepancies in pay cheques with Department Heads or individual employees.
- Assist with reconciliation of Banquet and F&B outlet tips and service charges.
- Conduct annual payroll audits for each department and resolve any discrepancies.
- Maintain and file all bi-weekly payroll documentation.
- Support month-end processes, including payroll journals and accruals.
- Ensure payroll taxes are accurately collected, remitted, and filed in a timely manner.
- Ensure labour law compliance regarding overtime, job classifications, and service charges.
- Prepare labour and productivity reports for discussion with Department Heads and the Assistant Director of Finance.
- Assist with special audits such as Workers' Compensation and Labour Compliance.
Requirements
- Diploma in Accountancy or its equivalent.
- 1-2 years of experience in payroll or accounting, ideally within the hospitality industry.
- Proficiency in payroll systems, with experience in TIMES Payroll being an advantage.
- Strong understanding of generally accepted accounting principles (GAAP) and payroll-related financial reporting. Knowledge of relevant labour laws and regulations regarding payroll, payroll taxes and employee compensation.
- Excellent working knowledge of Microsoft Office Suite, particularly Excel.
- Ability to process large volumes of data with a high degree of accuracy.
- High level of professional integrity and ethical standards.
- Excellent written and verbal communication skills, with the ability to prepare reports and communicate effectively with various stakeholders.
- Strong interpersonal skills and the ability to maintain harmonious relationships with colleagues and supervisors.
- Confidentiality and discretion in handling sensitive payroll information.
- Ability to work in an organised, safe, and efficient manner under pressure.
- Proactive in problem-solving and continuously seeking to improve processes and outcomes.
Salary and Benefits
This role comes with an attractive salary range of SGD 40,000 - SGD 60,000 per annum, depending on experience. In addition to a competitive salary, you will enjoy a range of benefits, including paid holidays/vacation, dental and medical/life insurance, employee service awards/Birthday Gift, and complimentary meals in our dedicated employee restaurant.
Schedule & Hours
This position requires the incumbent to work from Mondays to Fridays, 8.30 am to 6.00 pm.
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