Payroll Specialists

The Payroll Specialist performs administrative duties required for regular pay cycle, ensures accurate payroll calculations including processing of final pay, consultancy fees, auditing payroll reports and resolving payroll issues. This position requires analytical skills, decision making and problem-solving skills and full understanding of proper taxation and gov’t regulations on payroll and statutory benefits.

Location: YONDU HQ

Status: For Pooling

# of Positions Available: 3

Job Description
  • Perform end to end payroll administration.
  • Manage workflow to ensure all payroll transactions are processed accurately and timely.
  • Gather the timekeeping data and all payroll instructions every pay period.
  • Validate and reconcile payroll prior to confirmation and posting of reports for bank crediting.
  • Reconcile and audit employee authorized deductions.
  • Prepare and review statutory contributions such as SSS, HDMF and PHIC for reconciliation of the Finance Department.
  • Prepare and review 2316 in BIR system for printing and approval of compensation and benefits manager.
  • Communicate proactively with employees to help them understand their pay check and any unusual changes that may occur.
  • Update employee data changes in master file and payroll system for new hires, job changes, pay changes, separation, cost center, work location and other employee movements.
  • Submit timely and accurate payroll related reports such as overtime, journal entries, schedule of deductions, leave accruals and master list to appropriate stakeholders.
  • Process ad hoc financial and operational reporting.
  • Respond to requests for reconciliation and report generation for finance and upper management as needed
  • Initiate process improvements and automation of payroll and timekeeping process.
  • Support cross functional projects
  • Prepare last pay computation for approval of manager
Job Qualifications/Requirements
  • Education –  Bachelor’s Degree in Accounting or Psychology or equivalent
  • Related Experience – At least 4 years of experience in payroll, working knowledge in best practices
  • Knowledge – Knowledgeable in Complex payroll calculations and general understanding of Payroll and Statutory Benefits regulations and updates
  • Soft Skills:
    • Ability to handle competing priorities effectively and within established time frames. 
    • Ability to deal sensitively with confidential material and maintain a high degree of professionalism.
    • Good communication skills and excellent customer service.
    • High attention to details.
    • Strong interpersonal and organizational skills.
    • Able to work independently and in a team environment.