Senior Payroll Specialist
5 days ago
We are seeking a highly skilled Senior Payroll Specialist to join our team at Recruit Express Pte Ltd. As a key member of our payroll operations team, you will be responsible for ensuring accurate and timely payment of salaries, compliance with employment contracts and relevant legislation, and effective management of payroll systems.
Key Responsibilities:- Oversee the calculation of wages, deductions, and withholdings, ensuring adherence to statutory requirements such as Central Provident Fund (CPF) contributions and Skills Development Levy (SDL).
- Ensure accurate and timely payment of salary, including hourly, daily, or monthly paid employees, depending on their terms and conditions of employment.
- Review payroll transactions, including adjustments, bonuses, and incentives, while ensuring compliance with employment contracts and relevant legislation.
- Coordinate with Operations, HR, and Finance departments to ensure proper documentation and authorization of payroll changes in accordance with the Employment Act and other regulatory guidelines.
- Stay updated on relevant Singaporean labour laws, tax regulations, and statutory requirements governing payroll processes.
- Ensure compliance with CPF contributions, SDL, Income Tax Act, and other relevant regulations, maintaining accurate records and timely submissions.
- Implement and maintain internal controls to safeguard payroll data and mitigate compliance risks, adhering to the Personal Data Protection Act (PDPA) guidelines.
- Prepare and submit required payroll reports to government agencies, such as the CPF Board and IRAS, in a timely and accurate manner.
- Oversee the integration and implementation of payroll system modules, ensuring data integrity, accuracy, and compliance with Singaporean regulatory requirements.
- Collaborate with IT or external vendors to address system issues, implement upgrades, and enhance functionality as needed, ensuring compatibility with local regulations.
- Conduct periodic audits of payroll data to identify and resolve discrepancies, adhering to auditing standards set forth by the Accounting and Corporate Regulatory Authority (ACRA).
- Generate and analyze payroll reports to ensure adequate checks, reviews, and support decision-making, leveraging data analytics tools and software.
- Prepare ad-hoc reports as requested by management or other stakeholders, providing insights into business and payroll-related matters for strategic planning purposes.
- Collaborate with Finance and HR departments to reconcile payroll-related accounts and resolve discrepancies, ensuring accuracy in financial reporting.
- Ensure timely billing of employee expenses to clients when required.
- Min Diploma with 1-2 years of payroll experience
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