Payroll Accountant
5 months ago
We are looking for an experienced payroll accountant to overview daily payroll operations in our company.
Your primary responsibility will be to issue employee payments, considering deductions and withholdings. You’ll prepare payroll schedules and records and you’ll contribute to various accounting tasks, such as updating payroll files. To succeed in this role, you must have strong mathematical skills and knowledge of national and regional laws on payroll and taxes.
If you meet these criteria and you have a degree in Finance or similar field, we’d like to hear from you.
**Main Accountability / Duties**:
- Manage all accounting transactions and making sure that all the financial transactions are accurate and complete.
- Ensure timely bank and cash payments.
- Organize office operations and procedures
- Prepare Tax Invoices, Prepare daily and month end journal entries.
- Reconcile accounts payable and receivable on a regular basis.
- Monitor and reconcile daily cash and bank transactions.
- Preparation of the Monthly budget of the estimate budget
schedule of Expenses and revenue.
- Prepare monthly payroll through WPS.
- Oversee employee paychecks
- Calculate net salaries considering deductions and withholdings
- Ensure payroll and tax documents are accurate
- Update general ledger and payroll files
- Prepare accounting files, records, and schedules
- Monitor paid and unpaid leaves
- Process overtime earnings or holiday deductions
- Resolve payroll problems (e.g. overlooked bank holidays, late payments, etc.)
- Answer employee questions concerning payroll
- Participate in payroll audits
- Ensure compliance with governmental laws on payroll accounting and taxes
- Handle monthly, quarterly, and annual closings process and prepare Monthly and yearly financial statements and other MIS reports in time.
- Prepare and comply with all state required filings and documentation.
- Compute taxes and prepare tax returns.
- Manage balance sheets and profit/loss items.
- Report on the company’s financial health and liquidity.
- Audit financial transactions and documents.
- Reinforce financial data confidentiality and conduct database backups when necessary.
**Requirements**:
- Previous experience as a payroll accountant or in a similar role
- Understanding local and governmental rules about payroll
- Excellent knowledge of MS Office, especially Excel
- Great computational ability
- Attention to detail
- A valid national certification (e.g. Fundamental Payroll Certification)
- Degree in Accounting, Finance, or relevant field
- Accounting graduate with At least 2 years’ proven experience is required.
- Should have knowledge of Accounting Software (SAP & ERP)
- Follow up insurance payments/procedures from Insurance companies.
- Strong understanding of accounting principles and practices.
- Ability to work independently and as part of a team.
- Fluent in English & Hindi verbal & written.
- Knowledge of UAE VAT, Corporate Tax system & financial transactions.
- Must be attentive & careful with the details.
**Job Types**: Full-time, Permanent
**Salary**: Up to AED4,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelor's (required)
**Experience**:
- Accounting & Payroll: 5 years (required)
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