Payroll Specialist

Saudi Arabia

Posted 12 days ago

15 Applicants already applied 11
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  • Experience Needed:
    3 to 4 years
  • Functional Area:
    Banking & Financial Services
  • Job Type:
    Full Time
  • Languages:
    English
  • Vacancies:
    1 open position
  • Salary:
    2700 to 4000 USD per month

Job Summary


Our client is a banking sector based in Saudi Arabia looking for Bank Credit Supervisor.


Responsibilities:
 

  • Responsible for receiving attendance and overtime records and calculating final salaries based on them
 
  • Revise data received, and ensure all information is accompanied by confirmation documents
 
  • Upload data to the system in the form of batches on a specific date of each month and revise before sending to the bank
 
  • Deduct taxes, social and medical insurance payments as per the labor law and company policies
 
  • Process holiday, sick and maternity pay expenses/deductions when applicable
 
  • Calculate overtime, shift payments and pay increases when applicable
 
  • Calculate and issue pay by cash or electronic transfer depending on the type of contract of the employee
 
  • Answer the employees queries concerning timesheets or salaries
 
  • Establish and maintain employees records; ensure that changes are registered correctly and updated on a regular basis
 
  • Enter the salaries of newly hired employees into the system and ensure that the amount is correct as per the offer
 
  • Responsible for coordinating with the bank to open accounts for newly hired employees
 
  • Update per-diems and PO’s on the ERP system
  • Responsible for Issuing HR letters as per employees’ request
 
  • Responsible for liaising all types of loans for employees
 
  • Responsible for mobile phone allowances calculations on monthly basis
 
  • Responsible for calculating incentives, allowances and vacation cash allowances as per the group’s policy
 
  • Responsible for handling the end of service payments
 
  • Review changes for proper authorization and adherence to the policies


Requirements:

 
  • Bachelors’ degree in Business Administration, Finance or Accounting is preferable
 
  • From 2- 4 years of experience in the Payroll field with a background of some knowledge in other Human Resources functions
 
  • Excellent computer skills specifically MS Word, Excel, and ERP system
 
  • Ability to maintain confidentiality and exercise extreme discretion


 

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