Senior Compensation & Benefits Executive Transmed

Dubai, United Arab Emirates

Job Description

OverviewTo process the payroll function in order to secure its efficient operations while abiding by the rules & regulations of the division. Ensure compensation and benefits plans are cost-effective and competitive by keeping abreast of the compensation and benefits trends in the field.ResponsibilitiesCompensation & Benefits ProcessingParticipates in the preparation of the yearly C&B payroll budget and monitors progress throughout the year. * Partakes in the compensation benchmarking exercise by consolidating and summarizing the generated market analysis data.
  • Participates in revamping the sales incentive schemes by channel to ensure competitive edge.
  • Monitors & follows up regularly with sales managers on the right implementation & processes of the incentive schemes.
  • Coordinates the accurate processing of payroll within a specified timeframe to ensure accordance with statutory requirements.
  • Calculates and processes all salary and wage increases in addition to other adjustments and termination payments to ensure accordance with statutory requirements.
  • Processes authorized deductions and allocations of labor costs (payroll taxes, NSSF deductions, employee benefits etc.) paid by both the employee and employer in order to calculate precise monthly wages.
  • Ensures that all payroll information on the computerized payroll system is updated to maintain reliability and to prepare accurate reports as required.
  • Facilitates the electronic & physical transfer of salaries and wages to financial institutions to ensure the confidential receipt of information on time.
  • Conducts all payroll accounting entries throughout the month and generate the monthly statement for relevant accounts.
  • Reconciles payroll general ledger accounts on monthly basis and at year end to ensure the matching of accounts.
Organizing & ReportingEnsures that all employee payroll information and documentation and records are received, accurate and complete and maintained to allow ease of access of full & updated personnel files. * Updates on monthly basis the C&B KPIs figures in addition to the consolidation of Recruitment and L&D KPIs to the HR dashboard
  • Provides effective solutions to administrative payroll issues to make them less time-consuming.
  • Prepares reports on payroll issues to achieve periodic review of policies and procedures.
QualificationsAcademic Education & Professional Certifications
  • BA in Accounting
  • HR Certification is a plus
  • 3 - 5 years of experience in Payroll
  • Exposure to HR is a plus
Skills & Competencies
  • Excellent command of Excel computer skills
  • JDE Payroll Software knowledge is a plus
  • Very Good Reporting skills
  • General Knowledge in accounting principles
  • Knowledge of Income & NSSF taxations
  • Knowledge of Labor Law
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Job Detail

  • Job Id
    JD1667550
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned