Payroll Accountant

at  Kitopi

Dubai, دبي, United Arab Emirates -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Jul, 2024Not Specified18 Apr, 20242 year(s) or aboveCustomized Workshops,Health InsuranceNoNo
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Description:

Kitopi is the region’s leading creator and partner for magical food experiences. With a purpose to satisfy the world’s appetite to create joy, Kitopi operates a portfolio of both invested and franchised F&B brands, serving as enablers in the food market by helping brands to grow and scale, both in the delivery and dine-in space.
Launched in Dubai, UAE in January 2018, Kitopi has grown to become one of the greatest success stories in the cloud kitchen and food tech space. In July 2021, Kitopi announced its $415 million Series C funding round, led by the world’s largest technology-focused investment fund, Softbank Group Corp’s Vision Fund 2. This investment catapulted Kitopi to the prestigious Unicorn status, making it the fastest Unicorn to have emerged from the MENA region.
As a leading food company, Kitopi’s growth has been fueled by its innovative and scalable software solutions. Kitopi’s kitchens are powered by its proprietary Smart Kitchen Operating System (SKOS) - an in-house suite of applications that optimizes cloud kitchen operations in real-time. As part of its growth roadmap, technological innovation, data science, artificial intelligence, and robotics will take center stage as Kitopi continues to reinvent the food industry as we know it today.
With over 6,000 employees, Kitopi currently operates 200+ locations across the UAE, KSA, Kuwait, Bahrain, and Qatar. It operates its global Customer Experience Center in Dubai, UAE, its Engineering Hub in Krakow, Poland, and its Robotics Hub in Odense, Denmark.
As a Global Payroll Accountant, you will play a critical role in ensuring accurate and timely processing of payroll for the Kitopi group of companies on a global scale. Your responsibilities will encompass payroll processing, balance sheet reconciliation, headcount reporting, and compliance with company policies. Your efforts will contribute to efficient payroll operations and the overall financial health of the organization.

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Responsibilities:

  • Payroll Processing:
  • Process payroll for the Kitopi group of companies according to country-specific payroll instructions provided by HR.
  • Achieve a 4 working day turnaround time for payroll processing, starting from the date of receipt.
  • Ensure the distribution of employee salaries by the 25th of each month.
  • Complete payroll month-end closing by the last working day of every month.
  • Headcount Reporting:
  • Prepare and submit monthly balance sheet schedules for all payroll control accounts by the 5th working day of the following month.
  • Perform reconciliations with a commitment to 100% accuracy and alignment with supporting schedules, such as leaves, End of Service, and air tickets.
  • Submit the group headcount report by the 30th of each month.
  • Provide standalone country payroll reports by the 5th working day of each month.
  • Collaboration and Process Improvement:
  • Collaborate with HR Business Partners and IT to successfully complete the monthly payroll cycle.
  • Ensure timely submission of payroll balance sheet reconciliations and target the clearance or reclassification of outstanding entries on a weekly basis, rather than at month-end.
  • Accurately classify employees into the correct reporting entities.
  • Ensure 100% compliance with payroll and staff benefits in accordance with company policies across all markets.
  • Drive efficiency in the payroll process by identifying and eliminating manual tasks.


REQUIREMENT SUMMARY

Min:2.0Max:5.0 year(s)

Accounting

Accounts / Finance / Tax / CS / Audit

Accounts Management, Payroll

Graduate

Accounting finance or a related field

Proficient

1

Dubai, United Arab Emirates