BANK PAYROLL SPECIALIST (ONE YEAT CONTRACT)

This is a key role in Human Resource operations function at a Bank. Primary responsibility is to support the payroll functionality of the in-house payroll team, supporting the payroll processing of employees in Singapore using the ADP/SAP payroll system. This position carries out all tasks associated with a busy payroll office taking into account legal, regulatory and internal requirements

Key Relationships/Interactions:

  • Country Head of HR, Business Partners, HR Advisory and Reward
  • HR Administrators
  • Group Tax, Finance, Audit, Compliance, DPO & Legal
  • Government Agencies and Regulators
  • HR and Payroll vendors

 

Key Responsibilities/Requirements:

  • Process monthly payroll including preparation activities for all New Hires, Leavers and Employee Life Cycle changes
  • Preparation of all manual payments outside the normal pay run for post pay payments i.e. tax and manual termination pays
  • Prepare monthly reconciliation of payroll clearing accounts and general ledger related activities for submission to risk management.
  • Assist in documentation of all key payroll related procedures with periodic reviews to ensure internal and regulatory requirements are maintained
  • Adhere to payroll governance process and perform 4-eye checks (based on segregation on duties across the different team members)
  • Assist payroll manager, supporting the team for payroll processing activities as required
  • Excellent customer service in responding to employees’ payroll queries including providing relevant advisory
  • Working knowledge of all payroll related legislation requirements for Singapore
  • Strong knowledge in monthly &/ year end tax and tax clearance processes
  • Participate in country / regional initiatives on alignment and payroll processes, sharing best practices across regional payroll teams

 

Skills/Knowledge/Experience:

  • Minimum of 3 years experience in payroll or finance related environment.
  • Good knowledge of SAP Payroll or other payroll systems and Workday
  • Excellent team player
  • Ability to communicate professionally and effectively at all levels both face to face and non-face to face interactions
  • Excellent organization / prioritization skills
  • Attention to detail, ability to multi-task, work well under pressure
  • Anticipate needs; demonstrate initiative and proactiveness
  • Ability to work and use discretion with confidential information
  • Ability to work on own initiative without supervision
  • Proficient in Word and Excel Knowledge
  • Experience in processing Singapore payroll in-house and income tax submission
  • Experience in account reconciliation
  • Strong knowledge of pension, tax and payroll related employment matters