Compensation and Benefits Specialist at Grand Oak Limited

Job Summary

• The Payroll Manager is responsible for overseeing and managing the organization’s payroll operations, ensuring accurate, timely, and compliant processing of employee compensation.
• This role requires strong attention to detail, knowledge of payroll regulations, and the ability to manage payroll systems and processes efficiently.

Key Responsibilities

• Manage end-to-end payroll processing for all employees, ensuring accuracy and timeliness.
• Ensure compliance with statutory regulations, tax laws, pension schemes, and other payroll-related obligations.
• Prepare and review payroll reports, reconciliations, and payment schedules.
• Maintain and update employee payroll records, including salaries, deductions, bonuses, and allowances.
• Coordinate with HR and Finance teams on employee data, benefits, and compensation changes.
• Handle payroll audits and respond to payroll-related inquiries or discrepancies.
• Oversee payroll systems and recommend improvements to enhance efficiency and accuracy.
• Ensure confidentiality and secure handling of payroll information.
• Manage and mentor payroll staff, where applicable.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Proven experience as a Payroll Manager or in a senior payroll role.
• Strong knowledge of payroll legislation, tax regulations, and statutory deductions.
• Experience using payroll software and HRIS systems.
• High level of accuracy, integrity, and attention to detail.

Skills and Competencies:

• Strong analytical and problem-solving skills.
• Excellent organizational and time management abilities.
• Effective communication and stakeholder management skills.
• Ability to work under pressure and meet strict deadlines.
• Proficiency in Microsoft Excel and payroll systems.