Payroll Specialist
Company Name
Industry
Company Overview
Job Description & Responsibilities
As a Payroll Specialist, you will be responsible for managing and processing the company's payroll accurately and efficiently. You will work closely with the HR and Accounting departments to ensure all employees are paid accurately and on time. Your role will primarily involve processing payroll data, resolving payroll discrepancies, and maintaining accurate payroll records.
Responsibilities include:
• Payroll processing: collect, verify, and process payroll data such as absences, attendance records, bonuses, commissions, and other relevant information
• Data entry: accurately enter payroll data into the payroll system, ensuring all calculations, deductions, and reimbursements are properly accounted for
• Payroll calculations: calculate wages, overtime, and other compensation components, ensuring compliance with applicable employment law of Malta, company policies, and regulations
• Deductions and benefits: administer payroll deductions for taxes, fringe benefits and other benefits programs as per employee instructions and legal requirements
• Payroll reconciliation: conduct regular audits and reconciliations of payroll data to ensure accuracy, identify and resolve any discrepancies or errors
• Compliance: stay updated on payroll regulations, tax laws, and changes in the Maltese legislation, ensuring compliance with relevant legal requirements and reporting obligations
• Record keeping: maintain and organize payroll records, including employee information, tax rates, and other payroll-related documents
• Payroll reporting: generate and distribute payroll reports as required, including payroll summaries, tax reports, and year-end reports
• Employee inquiries: respond promptly and accurately to employee inquiries regarding payroll matters, including salary, deductions, leave balances, and payroll policies
• Collaboration: collaborate with the HR and Accounting teams to ensure seamless integration of payroll processes with other HR and financial activities
• System maintenance: assist with the implementation, testing, and ongoing maintenance of the payroll system or software, ensuring its functionality and accuracy
• Continuous improvement: identify opportunities for process improvements, automation, and increased efficiency in payroll processes, and recommend appropriate solutions
The duties and responsibilities described in this job description are not a comprehensive list and as such additional tasks may be assigned to the employee from time to time. The scope of the job may also be subject to change as necessitated by business demand.
Qualifications required
Applicants must have at least 2 years’ experience in a payroll function.
Experience required
Experience using payroll software and working with Dakar will be considered an asset.
In addition, the ideal candidate must:
• Have an advanced level in MS Excel and other relevant software applications
• Have excellent numerical and analytical skills with high attention to detail
• Have strong organizational and time management abilities
• Have strong knowledge of payroll regulations, tax laws, and Maltese employment law
• Maintain general knowledge in accounting
• Be able to maintain accuracy while performing the tasks given and be able to work under pressure and meet deadlines
• Have excellent communication skills, both written and verbal
• Be organised, well-structured and flexible
• Demonstrate exceptional accuracy and ability to handle confidential information
• Have a good command of English both verbally and written
• Possess a positive attitude, willingness to work in a dynamic environment
• Be able to work independently and collaboratively in a team environment
Work Place
On-site