Company in Woodmead is seeking a Payroll Accounting Associate to perform the payroll accounting function including month-end activities across the Group (SA and International), payroll reconciliations and related payments according to company policies, standards, practices and legal requirements
Required outputs: Functional
Payroll Accounting and reconciliation:
Compile and submit reconciliations for payroll general ledger (GL) accounts
Follow-up on outstanding payroll recon items and obtain explanations
Clear payroll GL accounts
Perform reconciliation of legislative payments
Process payroll provisions (employee loans and payroll advance account)
Prepare related payroll recurring journals and ensure that sufficient documentation is submitted to the relevant person on time
Assist with financial year-end processes and support any other payroll accounting functions
Liaise with Group Finance, Tax and Treasury as required
Payroll payment administration:
Process monthly salaries on an electronic banking platform
Process third party payments on an electronic banking platform
Prepare schedules for the third parties
Processing manual payroll payments e.g. salary advances
Intercompany accounting and reconciliations
Payroll accounting queries/issues
Human Capital Shared Services Support
Qualifications and expertise required (Must)
Matric / Grade 12
Diploma or Higher Certificate in Finance or Bookkeeping
National Diploma in Finance or Payroll Administration an advantage.
Minimum 3 years’ experience in payroll accounting within a corporate environment, with multiple functions, operating companies and countries
Competencies (skills, knowledge and characteristics)
Customer service orientated.
Attention to detail.
Ability to work under pressure.