Payroll Executive

6 days ago


Singapore MVCI ASIA PACIFIC PTE. LTD. Full time

**JOB SUMMARY
Responsible for monthly payroll processing, coordination with external payroll service providers, preparing payroll balance sheet accounts and assisting the Assistant Payroll Manager / Associate Director, Business and Finance Projects in managing regional payroll activities.

Position requires strong collaboration with other team members and other departments in ensuring the day-to-day payroll functions are operating efficiently.

**CORE WORK ACTIVITIES**
- Responsible for accurate and timely execution of associate payroll by external service provider. This includes:

- Involved in the full cycle of payroll processing for Singapore, Hong Kong, China, Japan and other countries as assigned
- Prepare and maintain monthly payroll schedules
- Compute commission per compensation plans
- Validate monthly payroll submissions ensuring accurate and timely processing in compliance with local legislation and corporate policy
- Liaise with HR, Tax Consultant and Corporate teams for payroll-related matters, and ensure compliance with established policies and procedures
- Identify and recommend improvements to payroll related work processes.

2. Prepare for local statutory submission including:

- CPF and other payroll-related submissions
- Assist in the completion of annual income & tax filings (e.g. IR8A and IR21) within stipulated timelines.

3. Payroll Accounting:

- Prepare payroll journalsfor upload to financial accounting system
- Prepare Profit &Loss and BalanceSheet reconciliation for payroll relatedaccounts
- Prepare monthly payrollaccruals such as Commission, AnnualLeave etc.
- Ensure Payroll balance sheets are prepared, updated and reconciling items are cleared in a timely manner.

4. Ensure adequate controls are in place around all matters pertaining to payroll:

- Prepare documentation and reconciliations for external audit
- Maintain strict confidentiality of all associate payroll records.

5. Prepare payroll related information and analysis:

- Responsible for monthly headcount reconciliation & payroll reports to business partners
- Ad-hoc payroll reporting to HR
- Attend to payroll enquiries from associates, internal & external stakeholders.

6. Assist in the implementation of payroll processes and payroll systems in new locations (if any)

7. Any other duties as and when assigned from time to time.

**CANDIDATE PROFILE**
- Diploma in Accounting
- Some payroll experience will be advantageous
- Must have payroll accounting knowledge
- Good understanding of the CPF, government claimprocesses and Employment Act compliance
- Good Excel skills
- Good communication skills
- Excellent team player Meticulous and organized with the ability to work independently to meet deadlines
- Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture._


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