Compensation Administrator

3 days ago

Karachi, Sindh, Pakistan beBee Careers Full time
Salary:

A competitive salary is offered for this position.

Job Description:

The Payroll Specialist role involves managing employee compensation efficiently, accurately, and in compliance with all applicable laws and regulations. Key responsibilities include payroll processing, compliance & regulations, deductions & adjustments, reporting & record maintenance, communication & support, and year-end activities.

Key Responsibilities:
  • Payroll Processing
    • Process payroll for all employees, including new hires, terminations, and changes.
    • Review and validate timekeeping records, leave balances, and attendance systems to ensure accurate calculations.
  • Compliance & Regulations
    • Evaluate and apply local, state, and federal regulations, including tax laws, labor laws, and social security regulations.
    • Maintain knowledge of relevant laws and updates to ensure continued compliance.
  • Deductions & Adjustments
    • Handle deductions (tax, benefits, garnishments, etc.), bonuses, incentives, and other adjustments to payroll.
    • Accurately calculate and process these adjustments.
  • Reporting & Record Maintenance
    • Prepare and maintain accurate payroll reports for internal and external use, including audits, financial statements, and management reviews.
    • Maintain organized and up-to-date employee payroll records in HRIS or payroll software.
  • Communication & Support
    • Address employee queries related to payroll, deductions, or discrepancies in a timely and professional manner.
    • Collaborate with departments to ensure alignment in compensation, benefits, and systems.
  • Year-End Activities
    • Support in year-end tax filing, preparation of Form 16/ W-2/ T4, and reconciliation activities.
    • Maintain accuracy and attention to detail during these tasks.
Required Skills & Qualifications:
  • Bachelor's degree in Accounting, Finance, Human Resources, or related field.
  • Proven experience in payroll processing or payroll administration, ideally 2–4 years.
  • Familiarity with payroll software, such as ADP, QuickBooks, SAP, Paycom, or local equivalents.
  • Strong understanding of payroll tax laws and labor legislation.
  • Excellent numerical and analytical skills.
  • Possess strong organizational skills and ability to multitask.
  • Proficient in Microsoft Excel and other reporting tools.
  • Ability to handle sensitive information with confidentiality.
Benefits:
  • A competitive salary and performance-based bonuses.
  • Health insurance, retirement benefits, and paid time off.
  • Ongoing opportunities for skill development and career progression.
  • A collaborative, inclusive, and dynamic work environment.

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