Specialist- Payroll Accounting

3 weeks ago


Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

Job Description

Job Purpose

The Payroll Specialist’s responsibilities include reviewing various inputs of UAE & GCC regular, Off-cycle and final settlements, managing pre/post payroll validations and preparing and processing employee payments, and maintaining accurate payroll records. Responsible to manage payroll verifications independently covering Gross to net, net to net and managing off-cycle payroll and final settlements verifications. This role involves regular interaction with other HR teams and AskHR team to provide tier 2 support to resolve employee que.

Key Accountabilities

Payroll & Payments Governance Track the Payroll & Payment monthly KRI Document and review the HR Payroll & Payment Standard Operating Procedures Maintain and update the HR Payroll & Payment RCSA when and as required. Reconcile all HR Payroll & Payments accounts Report any risk incident as per the Bank internal guidelines and procedure Reconcile all the daily transactions as verifier. Process and track the monthly provisions and amortization & ensure all account are reconciled as per nature and balances captured Process and track the Incentive payment and eligibility. Process and track the life and medical insurance Debit/Credit Note payment. Act as point of contact with Group Finance and business for any financial matters Liaise with finance team for monthly AOV submission & submit any requirement from Finance or GIA team for account conformance testing documents Responsible end to end for the Final settlement calculations and payments

Policies, Systems, Processes & Procedures

Provide inputs and implement policies, systems and procedure for the assigned team.

Continuous Improvement

Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productive improvement and cost reduction.

Customer Orientation

The ability to identify current and future customers, understand their current and future needs and respond with relevant and creative solutions. Make FAB the preferred partner for customers and build long term relationships in the best interest of the Bank. A customer may be an external customer, or an internal customer/colleague within FAB.

Persuasion and Influence

The ability to persuade and convince others to take actions beneficial to the Bank and customers. It involves the ability to clearly identify and understand situations, and then respond appropriately when interacting with individuals and groups.

Analyzing  and solving problems

Understanding problems by breaking them into smaller parts and identifying risk-return implications in a systematic way. Making logical comparisons of possible outcomes and coming up with the best possible solutions to problems.

Reporting

Prepare periodic payroll report for review by management and auditing purposes.


Qualifications

Minimum Qualification

Bachelor’s degree in finance or related discipline.

Minimum Experience

3-5 years payroll experience Working knowledge of basic accounting principles and payroll Practices Experience working with accounting payroll software, ORACLE Fusion. Excellent communication and interpersonal skills High numerical aptitude
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