Payroll Associate

at  MoneyLion

Payroll Associate
MoneyLion is a leader in financial technology powering the next generation of personalized products and content, with a top consumer finance super app, a premier embedded finance platform for enterprise businesses and a world-class media arm. MoneyLion’s mission is to give everyone the power to make their best financial decisions. We pride ourselves on serving the many, not the few; providing confidence through guidance, choice, and personalization; and shortening the distance to an informed action.
In our go-to money app for consumers, we deliver curated content on finance and related topics, through a tailored feed that engages people to learn and share. People take control of their finances with our innovative financial products and marketplace - including our full-fledged suite of features to save, borrow, spend, and invest - seamlessly bringing together the best offers and content from MoneyLion and our 1,100+ Enterprise Partner network, together in one experience. MoneyLion’s enterprise technology provides the definitive search engine and marketplace for financial products, enabling any company to add embedded finance to their business, with advanced AI-backed data and tools through our platform and API. Established in 2013, MoneyLion connects millions of people with the financial products and content they need, when and where they need it.

ABOUT THE ROLE

The Kuala Lumpur office is the technology powerhouse of MoneyLion. We pride ourselves on innovative initiatives and thrive in a fast-paced and challenging environment. Join our multicultural team of visionaries and industry rebels disrupting the traditional finance industry!
MoneyLion is looking for a Payroll executive who has a strong numerical aptitude, excellent time management skills, and a detail-oriented working attitude to ensure that all transactions, reports, and submissions are completed within the time frame specified while understanding that you are handling sensitive information at all times. If you’re also familiar with labour legislation, we’d love to meet you. Ultimately, you will contribute to a smooth and accurate payroll process.

KEY RESPONSIBILITIES:

Payroll

• Implements and maintains payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, taxes, and statutory deductions.
• Check and maintain the employee profile details, bank details, tax file numbers, tax scale, deduction, and other payroll information in the payroll system.
• Monitoring & checking monthly summary reports for payroll closing.
• Maintaining payroll operations by following policies and procedures as determined by the company and relevant the employment act.
• Archiving all supporting documents as per payroll/retention policy and ensuring compliance with all audit requirements.
• To maintain and monitor the employee health benefits platform.
• To perform employee offboarding (CP22A & CP21 Tax Clearance).
• To prepare the annual Form C return as well as the employees’ CP8D and EA forms.
• Maintain effective internal controls for the payroll and equity functions and proactively work with management to identify process improvements and gaps.
• Serve as the primary point of contact for employee payroll-related questions and issues, providing timely and accurate responses.
• Regularly perform internal audits of payroll processes and records to ensure accuracy and compliance, and implement corrective actions as needed.