Senior Associate, Payroll

at  Crescent Petroleum

Date: 22 Jan 2025
Location:Sharjah, AE
Department: Support Services
Job Description:

MINIMUM EDUCATIONAL, TECHNICAL QUALIFICATIONS/CERTIFICATIONS REQUIRED

• Degree in Accounting and or/Finance or a superior accounting qualification

MINIMUM PROFESSIONAL EXPERIENCE REQUIRED

• 10 to 12 years of relevant accounting experience preferably within a multinational financial firm
• Charted Accounting Certification (CA/ACCA)
• 4-5 years of recent experience in SAP (S4HANA/FICO)

PAYROLL OPERATIONAL RESPONSIBILITIES

• Manages the daily payroll operations for Crescent Petroleum to ensure that all payroll transactions and reports are processed and completed according to Crescent Accounting guidelines.
• Reviews and monitors the payroll summary reports for accuracy and compliance and manages related activities such as housing advance. Ensures adherence to Crescent generally accepted accounting principles.
• Releases all approved salaries and allowances in coordination with concerned entities and the Human Resources department.
• Reviews and monitors the banking activities such as employee loans and perform required actions accordingly.
• Analyses the employees’ timesheets which provide breakdown of working hours/vacations. Takes necessary actions when needed.
• Contributes to the development and implementation of generally accepted accounting policies and procedures specifically those related to the payroll function.
• Maintains all relevant documents and records of the payroll operations.