Payroll Accountant

at  Knight Frank

OVERVIEW

We are currently seeking an experienced Payroll Accountant to be responsible for managing and overseeing the payroll processes within the company, ensuring employees receive the correct compensation in a timely manner. You will also support the Accounts Payable function for the Finance team.

SKILLS AND QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance or a related discipline.
• 5+ years of experience in payroll, including payroll outsourcing. Prior experience in an accounting firm is advantageous.
• Sound knowledge of payroll and employment-related laws and best practices in GCC countries.
• Understanding of regional business culture and regulations.
• Strong integrity and business ethics.
• Able to work independently to ensure deadlines are achieved.
• Attention to detail and a high level of accuracy.
• Strong organizational and problem-solving abilities.
• Ability to maintain confidentiality and handle sensitive information.
• Software: Microsoft Office programs to a proficient level. Advanced proficiency in Excel required. Experience using HR information systems preferred.
• Excellent interpersonal and communication skills.
• Language skills: Fluency in English.

• Prepare and maintain the employee master data. Maintain organized and up-to-date records, ensuring they are compliant with auditing standards.
• Execute end-to-end payroll processes, ensuring accuracy, compliance, and timeliness.
• Calculate and validate salary, salary changes, bonuses, leave accruals, allowances, end of service entitlements and deductions to ensure employees receive accurate compensation in line with company policy.
• Ensure the processing of new hires, temporary workers, transfers, promotions, and terminations in line with contractual conditions, company policies and labour law.
• Assist in the review of expense claims and housing loan payments.
• Coordinate with necessary stakeholders to confirm payroll before cut-off dates.
• Process vendor invoices, ensuring accuracy and compliance with company policies.
• Prepare and execute payment runs.
• Maintain strong relationships with employees and vendors.
• Generate management reports and budgets as required in a timely manner. Ensure accuracy of data.
• Respond to employee inquiries regarding payroll matters, including pay statements and deductions.
• Collaborate with HR and Finance departments to address employee concerns and resolve payroll-related issues.
• Utilize HR information systems, accounting software and other relevant tools to streamline processes and enhance efficiency. Identify opportunities for process improvement in payroll procedures.
• Reconcile accounts for accuracy and compliance. Investigate and resolve payroll and accounts payable discrepancies and issues promptly in collaboration with other stakeholders.
• Stay informed about relevant local, state, and federal laws and regulations.
• Ensure payroll practices adhere to legal requirements and company policies.
• Other duties as assigned.