Payroll and Provident Funds Specialist

1 week ago


Karachi, Sindh, Pakistan beBeePayroll Full time
Job Title: Payroll and Provident Funds Specialist

We are seeking an experienced payroll specialist to join our team. As a key member of our payroll team, you will be responsible for ensuring the accurate and timely processing of payroll and employee benefits.

Key Responsibilities:
  • Ensure the timely and accurate processing of monthly payroll for all employees.
  • Manage the payroll system, including the addition and deletion of staff, ensuring all changes are reflected accurately and timely.
  • Process loan and advance requests of staff in accordance with company policies, ensuring compliance with internal guidelines.
  • Oversee the exit formalities for departing employees, including the processing of final settlements and ensuring all necessary accounting and finance documentation is completed.
  • Ensure compliance with all relevant regulations regarding income tax, social security, and professional tax.
  • Prepare and submit returns for social security and other statutory deductions, ensuring timely compliance with government regulations.
  • Ensure the timely submission of tax and other statutory deductions to the government treasury.
  • Handle the company's Provident Fund, including the addition, deletion, and profit allocation for members.
  • Process loan applications, temporary withdrawals, and permanent withdrawal requests from Provident Fund members.
  • Handle the accounting system of provident funds, including annual profit distribution to members.
  • Coordinate with external auditors to facilitate the external audit of the Provident Funds, ensuring all necessary documentation and information is prepared and available.
Requirements:
  • Proven experience in payroll processing and administration of retirement funds.
  • Strong knowledge of compliance regulations related to payroll and employee benefits.
  • Bachelor's or Master's degree in finance, accounting, or a related discipline.
  • Ability to work collaboratively with internal teams and external auditors.
What We Offer:
  • A challenging and rewarding role with opportunities for growth and development.
  • A competitive salary and benefits package.
  • The opportunity to work with a dynamic and diverse team.


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