Payroll Accountant
6 months ago
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.
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.
**What You'll Do**:
- ** 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.
**What Are We Looking For?**:
- Bachelor’s degree in accounting, Finance, or a related field.
- Professional certification in payroll or accounting (e.g., Certified Payroll Professional, CPA) is a plus.
- Minimum 5 years experience in payroll processing and accounting, with a focus on GCC-related payroll.
- Strong understanding of international payroll regulations and compliance (GCC specific i.e. UAE, KSA, Kuwait, Qatar, Bahrain).
- Proficiency in using payroll software and Microsoft Excel.
- Exceptional attention to detail and commitment to maintaining high levels of accuracy.
- Strong communication skills for collaboration with HR, IT, and other relevant departments.
- Proactive problem-solving skills and the ability to work independently and as part of a team.
**Recruitment Process and Timeline**
**Benefits**
- Extensive learning opportunities - we offer many hard and soft skills training to help you improve and challenge yourself
- You'll be involved in customized workshops run by Kitopi Academy
- You’ll have a chance to work in an international, diverse, and inclusive environment
- You’ll be part of one of the most caring communities out there.
- Finding a chance to become a shareowner with our ESOP plan (**T&C Applies**)
- Free and unlimited access to a nutritionist because we care about you
- No Dress Code (**T&C Applies**)
- Extended maternity and parental leave
- The infamous team activities and social events bursting with fun
- Inclusive Private Health Insurance
- Up to 50% discount from Kitopi brands
- Annual leave as per the company policy
**So, what does it really mean to work at Kitopi?**
We are constantly striving to make Kitopi the best place to work, by empowering you to be the best version of yourself every day. Our company values act as our guiding principles to help ensure that everyone feels safe, included, and like they truly belong.
Along with offices in all the markets we operate in, we also believe in a “work from anywhere” policy - you get to choose the envir
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