Payroll and Benefits Manager

The Role

Perform all payroll functions, including preparation, distribution, and reporting, ensuring compliance with all applicable regulations. Assist with preparation of all payroll related activities. Work closely with the Payroll Vendor. Responsible for all administrative issues related to employees. This is a individual contributor role handling regional payroll.

Responsibilities

• Execute payroll processing with precision and punctuality
• Oversee the integration and coordination of timekeeping and payroll systems
• Recording and verifying financial transactions and completing the posting process in Finance System (posting of journals)
• Maintain strict compliance with all applicable legal requirements and company policies
• Address and resolve any issues pertaining to employee benefits
• Administer the employee benefits program with due diligence
• Provide educational support to employees regarding their benefits packages and payroll-related queries
• Work in partnership with external payroll service providers to ensure seamless payroll and benefits administration
• Generate essential payroll documentation, including postings, funding needs, and reports at the end of each month
• Keep meticulous records of all payroll transactions and employee information
• Process government-paid leaves such as paternity, maternity, and childcare leaves, along with tax clearances and National Service claims, in a timely manner
• Ensure full compliance with local tax laws and legislative mandates related to employee benefits and payroll
• Conduct thorough payroll reconciliations, cost allocations, back charging, and handle payment-related tasks
• Engage collaboratively with both internal and external parties to manage payroll and benefits operations, reporting, and audits
• Provide prompt responses to any payroll-associated inquiries
• Manage comprehensive employee benefits programs, including the processing of group benefits insurance invoices
• Liaise effectively with brokers and insurers regarding insurance and benefits matters
• Actively participate in and prepare for the annual insurance renewal process
• Promptly address and resolve any employee concerns or questions about their benefits.
• Carry out detailed reporting and analysis, and maintain well-organized records of all benefits transactions and communications
• Offer recommendations for modifications to the benefits plans
• Engage in the continuous improvement of payroll and benefits processes
• All other ad hoc as assigned

Requirements:

• Minimum 5 years of experience in payroll processing and administration.
• Accounting Background
• Strong understanding of payroll principles, taxation and labor laws/regulations in Singapore and/or other APAC countries
• Attention to detail and accuracy in payroll calculations and data entry
• Strong in Excel
• Ability to handle confidential information with discretion and maintain a high level of integrity
• Ability to work independently and as part of a team in a fast-paced environment
• Self-motivated with excellent organizational skills to meet deadlines and manage multiple priorities