Payroll Executive

4 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 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**

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, Hong Kong, China, Japan and other countries as assigned
- Prepare and maintain monthly payroll schedules
- Compute and validate commissions and incentives 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 such as CPF adjustments, CPF Paid in Error & CPF Refund of payments made in excess of Additional Wages (AW) ceiling etc.
- Assist in the completion of annual income & tax filings (e.g. IR8A and IR21) within stipulated timelines.

3. Payroll Accounting:

- Prepare 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, Bonus etc.
- Ensure Payroll balance sheets are prepared, updated and reconciling items are cleared in a timely manner.
- Responsible for payroll invoice verification
- Responsible for reconciliation of payroll accounts

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
- Minimum 2 years of relevant payroll experience
- Must have payroll accounting knowledge
- Good understanding of the CPF, government claim processes and Employment Act compliance
- Proficient in Microsoft Word and Excel
- Strong interpersonal, communication, and analytical 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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