Senior Compensation Specialist

3 days ago

Rawalpindi Cantonment, Pakistan beBeePayroll Full time 900,000 - 1,200,000

Job Summary:

We are seeking a highly skilled Payroll Specialist to manage employee payrolls with accuracy and timeliness, ensuring compliance with company policies and labor regulations.

Key Responsibilities:

  • Manage end-to-end payroll processes, ensuring accuracy, compliance, and timely salary disbursement.
  • Update and maintain employee payroll records including earnings, deductions, bonuses, and benefits.
  • Ensure strict adherence to labor laws, income tax regulations, and statutory requirements.
  • Liaise with HR for onboarding, exits, compensation changes, and leave tracking.
  • Address employee payroll queries while maintaining confidentiality and professionalism.
  • Prepare monthly, quarterly, and annual payroll reports for internal use and audits.
  • Manage benefits and deductions such as provident fund, EOBI, gratuity, and other statutory contributions.
  • Support month-end and year-end closing processes related to payroll and compensation.
  • Manage day-to-day purchasing operations, including vendor communication, quotations, and purchase orders.
  • Review and process invoices for accuracy, ensuring timely vendor payments.
  • Maintain records of purchases, pricing, and budget utilization.
  • Assist in evaluating vendor performance and recommending improvements.
  • Coordinate with relevant departments to understand purchasing needs and timelines.
  • Reconcile supplier accounts and handle discrepancies or disputes.
  • Support financial reporting by providing accurate purchase and expenditure data.
  • Ensure compliance with internal procurement policies and external audit requirements.
  • Support Financial Analysis when required.

Requirements:

  • 4 years' experience in managing and processing payroll.
  • Associate or bachelor's degree in Accounting, Finance, or a related field.
  • Must have minimum 4 years' experience in managing and processing payroll.
  • Must have processed payroll for over 200-300 headcounts.
  • Experience of using a payroll system / software (e.g., ADP, Paychex, SAP, QuickBooks).
  • Clear understanding of Payroll Related Policies and procedures, including compliance to PK Payroll Processing.
  • Strong understanding of payroll principles, labor laws, and tax regulations.
  • Excellent attention to detail and high level of accuracy.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Ability to manage deadlines and work independently

Benefits:

The successful candidate will be offered a competitive compensation package, comprehensive training, and opportunities for career growth and professional development.

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