• Assign account codes to all transactions in the accounting system.
• Calculate customer/supplier account balances and reconcile with totals.
• Compile the relevant business documentation used in banking processes.
• Enter accurate and timely data into the accounting system.
• Maintain accurate financial records and statements.
• Perform month-end closing activities.
• Process payroll transactions in the organisation’s accounting system.
• Record and process all business transactions within the organisation’s accounting system using principles of double-entry accounting.
• Record transactions and events relating to inventory, accruals, prepayments, capital structure and finance costs.
• Record transactions relating to sales, purchases, receivables, payables and cash.
• Retrieve system reports from the accounting system for management use.
• Use relevant IT systems and tools effectively for data analysis.
• Collaborate with the finance team to improve processes and controls
• Ensure compliance with relevant accounting standards and regulatory requirements.
• Reporting to the Head of Finance
• Responsible for administering the full cycle of Payroll processing, ensuring full compliance and accuracy in the company’s monthly Payroll activities.
• Responsible in ensuring timely and accurate delivery of payroll process execution, including preparation of taxation records such as IR8A and IR21, verification of NS claims to be deducted from employee where necessary, responding to payroll-related inquiries and resolving concerns, etc.
• Manage time sensitive processes, validate data and verify information to be accurate while ensuring milestones are met for monthly salary disbursement and statutory compliance, including, collection of timesheet data and other payroll related information. Where necessary, lead the streamlining of payroll processing flow through automation, process improvements and cross-team alignment.
• Act as the gate-keeper in ensuring that Employee Benefits, Sales Commissions and Reimbursements meet the rules and regulations of Income Tax and other statutory compliances, etc.
• Responsible for providing timely Reporting and Analytics regarding payroll, employee compensation and benefits through standardization of reports to the Business and Management Team to facilitate decision making.
• Provide Verification & Reconciliation of monthly payroll and maintains accurate records of payroll documentation and transactions while ensuring accuracy in monthly payroll provisions to Finance.
• Responsible for providing insights/analysis on Salary costs and publishing monthly Payroll Dashboard for the Management Team using Power BI and/or other data analytics tool.
• Any other tasks as assigned by your Supervisor/Manager.