Executive/ Senior Executive, Payroll - Toa Payoh

We are looking for a highly organized and detail-oriented Executive/ Senior Executive, Payroll to join our Finance team. In this role, you will manage the end-to-end payroll process, ensuring timely and accurate compensation for all employees while adhering to company policies and legal regulations.

Responsibilities:

• Managing the end-to-end payroll processing of multiple entities, ensuring employees are paid timely and accurately according to Company’s policies and statutory regulations.
• Prepare and handle all statutory submission, such as CPF submissions, IR8A, IR21, government paid leave claims, employment wages survey, etc.
• Prepare payroll invoices and journal entries to Subsidiaries/Finance for monthly financial closing.
• Prepare monthly share expenses allocation.
• Prepare director’s fee schedule.
• Prepare annual manpower cost budget.
• Oversee the payroll for overseas’ entities, such as Malaysia and Myamnar and ensure salary are paid timely and accurately according to Company’s policies and relevant statutory regulations.
• Liaise with tax agent/payroll vendor on the tax filing for employees who are posted oversea.
• Perform regular reconciliations to ensure payroll costs are recorded correctly in the financial system.
• Assist in internal and external audits of payroll processes and documentation to ensure compliance and address any discrepancies.
• Prepare key management remuneration information for annual statutory report.
• Work closely with IT/Payroll software vendor to ensure system is up to date and operates efficiently. Assist with the implementation of payroll system improvements.
• Any other payroll-related responsibilities as assigned by the Payroll Manager or Senior Management.

Requirements:

• Accounting Degree. Additional certification in Payroll management will be an added advantage.
• 3 – 5 years of experience in payroll processing
• Strong knowledge of Singapore employment laws, CPF regulations and tax requirements.
• Proficiency in MS Office (especially Excel). Familiar with Payroll software (e.g. Prosoft) will be an advantage.