
Payroll Specialist
2 weeks ago
COMPANY DESCRIPTION
REC Group is an international pioneering solar energy company dedicated to empowering consumers with clean, affordable solar power through high-quality solar panels with a leading power density. As Solar's Most Trusted, REC is known for its patented innovations and multiple award-winning products with reliable long-term performance. The cornerstone for REC's strong reliability is advanced and highly efficient manufacturing using Industry 4.0 practices. Founded in 1996 in Norway, REC has always been committed to a low carbon footprint in its solar materials and panels. REC is headquartered in Norway with operational headquarters in Singapore and regional hubs in North America, Europe, and Asia-Pacific. As of December 2021, REC is part of Reliance Industries Limited, India's largest private sector company with revenues of USD 104.6 billion.
DESIGNATION : Payroll Specialist
RESPONSIBILITIES
This role primarily involves handling figures and data with precision, making it ideal for individuals who are detail-oriented and sensitive to numerical accuracy. As payroll processing demands meticulous attention to detail, your ability to work with figures confidently and accurately is a key strength that aligns well with the responsibilities of this position.
- Process monthly payroll accurately and on time, including generating payroll reports, bank upload files, CPF submissions, and payslips.
- Verify payroll data in coordination with HR and resolve any discrepancies.
- Respond promptly and professionally to payroll-related queries from employees and stakeholders.
- Ensure all payroll transactions comply with statutory regulations and internal company policies.
- Handle year-end employment income submissions to IRAS and manage IR21 tax clearance for departing foreign employees.
- Submit NS, Childcare, Maternity, and Paternity claims accurately and within required timelines.
- Maintain and update employee records in the HR system to support payroll and benefits processing.
- Track and administer employee benefits, ensuring records are accurate and complete.
- Ensure accurate accounting postings related to payroll transactions.
- Collaborate with internal teams and external vendors to support payroll operations and drive process improvements.
- Support the administration of compensation and benefits programs, ensuring alignment with company policies and employee entitlements.
- Participate in continuous improvement initiatives related to payroll and HR processes.
- Assist in audits and compliance checks by providing accurate payroll and benefits documentation.
- Collaborate with cross-functional teams to support HR Shared Services operations.
- Undertake any other ad-hoc assignments as required by the HR department.
QUALIFICATIONS
- Diploma or Degree in Business, Commerce, Accounting, or Human Resources.
- Good knowledge of Singapore employment legislation, including the Employment Act, CPF Act, and IRAS guidelines.
- Minimum of 2 years' experience in payroll or accounting processing.
- Ability to work independently and collaboratively within a team.
- Highly structured and accurate, with the ability to take initiative.
- Strong time management skills and ability to prioritize tasks effectively.
- High level of confidentiality when handling sensitive payroll and employee information.
- Meticulous, organized, and resourceful team player.
- Experience with reporting systems for consolidation and monthly reporting
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