Payroll & Benefits Officer
Royal Fans
Published Date: • Gujrat, Pakistan (On-Site)
Description
Royal Fans seeks a detail-oriented Payroll & Benefits Officer to oversee the accurate processing of employee payroll and the administration of employee benefits. The ideal candidate holds a Bachelor's degree in Business Administration, Human Resources, Finance, Accounting, or a related field and possesses one to three years of relevant experience. This role involves preparing monthly payroll, calculating salaries including overtime and deductions, and ensuring compliance with all statutory regulations such as EOBI, Social Security, and Gratuity. The position requires strong numerical and analytical abilities to maintain payroll records with confidentiality and manage employee data securely. The Payroll & Benefits Officer collaborates closely with different departments to audit timekeeping and attendance systems, administer employee medical and life insurance, and manage other benefit programs effectively. Proficiency in MS Excel and payroll management systems is essential to streamline payroll processes and generate accurate reports. Excellent coordination and communication skills support daily interactions and ensure that employee compensation adheres to company policies and legal requirements. This role does not involve team management but requires independent handling of payroll and benefits functions to support the overall human resource strategy.
Responsibilities
- Process monthly payroll accurately including salary calculations, overtime, deductions, and final settlements in compliance with company policies and statutory regulations.
- Administer employee benefits programs such as medical insurance, life insurance, gratuity, and other statutory benefits effectively.
- Conduct regular audits of timekeeping and attendance systems to verify accuracy and compliance with wage and hour laws.
- Maintain detailed and confidential payroll records and employee salary data, ensuring data integrity and protection.
- Calculate tax deductions, social security contributions, and other statutory withholdings accurately.
- Collaborate with finance and HR departments to reconcile payroll accounts and resolve discrepancies promptly.
- Prepare reports related to payroll and benefits for management and regulatory compliance.
- Stay up to date with changes in payroll laws, tax regulations, and benefits administration to ensure ongoing compliance.
- Utilize MS Excel and payroll management software to enhance processes, analyze payroll data, and generate required documentation.
- Communicate payroll policies and procedures clearly to employees and address their related inquiries professionally.
- Monitor leave balances, attendance records, and ensure accurate compensation adjustments for absences or overtime.
- Provide support during internal and external audits related to payroll and benefits operations.
- Ensure confidentiality and ethical handling of payroll information and employee personal data.
- Assist in continuous improvement initiatives to optimize payroll and benefits administration efficiency.
Experience
1 Year
Apply By
Required Skills
- Payroll Processing
- Benefits administration
- Wage And Hour Compliance
- Timekeeping and attendance system auditing
- Tax Deduction Management
- Payroll Management Systems
- MS Excel
- Employee Compensation
Nice to Have Skills
- Data Management
- Confidentiality
- Communication
- Coordination