Payroll Executive

5 days ago

Singapore Marriott Vacations Worldwide Full time

JOB SUMMARY

Responsible for monthly payroll processing, coordination with external payroll service providers, preparing payroll balance sheet accounts and assisting Payroll Manager 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

1. 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 and Hong Kong. Payroll processing for other countries could also be assigned.
Consolidating payroll templates
Prepare and maintain monthly payroll schedules
Compute commission per compensation plan for Singapore, Japan, China, and other countries as assigned.
Validate monthly payroll submissions ensuring accurate and timely processing in compliance with local legislation and corporate policy
Liaise with HR, Tax Consultant and Corporate to ensure expatriate tax matters are compliant with established policies and procedures
Identify and recommend improvements to payroll related work processes

**2. Prepare for local statutory submission including**:
CPF submission
MPF submission
Submission of AIA forms to AIA when there is new hire or resignee.
Assist in the completion of annual income & tax filings within stipulated timelines

3. 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.

**4. Prepare payroll related information and analysis**:
Prepare monthly payroll information and reporting to Corporate
Responsible for monthly headcount reconciliation & payroll report to FP&A team for Forecast/Budget
Ad-hoc payroll reporting to HR
Attend to payroll enquiries from associates, internal & external stakeholders

5. Month-end closing process
Raise payroll journals for upload to financial accounting system
Prepare Profit & Loss and Balance Sheet reconciliation for payroll related accounts
Prepare monthly payroll accruals such as Commission, Annual Leave etc.
Run the commission report from Cognos for Singapore, Japan and China.

6. Regional payroll - Assist in the implementation of payroll processes in new locations (if any)

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

CANDIDATE PROFILE
Diploma in Accounting with more than 3 years of payroll experience
Work experience in accounting would be advantageous
Good understanding of the CPF, government claim processes 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.

LI-WO1

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