Specialist, Payroll & Payments

Job Summary / Introduction

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 also involves regular interaction with other HR teams and askHR team to provide tier 2 support to resolve employee queries.

Key Responsibilities

Payroll & Payments:

• Manage payroll inputs and system uploads, perform monthly, off-cycle and final settlement payrolls working closely with Payroll Manager.
• Maintaining accurate records of payroll documentation and transactions in the designated documents repository
• Monthly Pension reconciliation
• Handling pension issues
• Independently manage payroll verification and reconciliations to ensure payroll accuracy target are maintained
• Initiate Payroll costing and Payment process in the system
• Resolve employee queries received through HR stakeholders and through ASK HR within the agreed SLA
• Generate standard/ad-hoc reports and also perform data analysis
• Knowledge of Oracle and Fusion Payroll is essential
  
  

Policies, Systems, Processes & Procedures

• Provide inputs to develop policies 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, productivity improvement and cost reduction.
  
  

Reporting

• Prepare periodic payroll reports for review by management and auditing purposes
  
  

Frameworks, Boundaries, & Decision Making Authority

• Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
• Authorised to take decisions as per the approved authorisation matrix.
  
  

Requirements / Qualifications

Minimum Qualification

• Bachelor’s degree in Finance or related discipline.
• 3 - 5 years’ payroll experience
• Working knowledge of basic accounting principles and payroll practices.
• Experience working with accounting and payroll software, ORACLE, SAP
• Excellent communication and interpersonal skills
• High numerical aptitude.
• Knowledge of Oracle and Fusion Payroll is essential
  
  

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.

Preferred / Beneficial

Not specified in source.

Skills

• Working knowledge of basic accounting principles and payroll practices.
• Experience working with accounting and payroll software, ORACLE, SAP
• Excellent communication and interpersonal skills
• High numerical aptitude.
• Knowledge of Oracle and Fusion Payroll is essential