This Position is based in MAF Ventures Finance Shared Service Centre (FSSC). This is a new department which has recently been set-up for all the wholly owned subsidiaries of MAF Ventures. FSSC is responsible for all the transactional Accounting operations of the entities incl. preparation of Financial Statements.
The above position will be responsible for managing payroll disbursements payroll accounting entries or accrual for MAF Ventures & its subsidiaries (including overseas).
Role Details:
The job description will require to:
Maintain employee confidentiality and protects payroll operations by keeping information confidential and secure.
Support monthly payroll processing within established deadlines as per the agreed SLA.
Processing of End of Services benefits payments of the employees.
Assist in the set-up of new company for payroll processing including co-ordination with the bank.
Join regular meetings with the entities in identifying their issues.
Assist in internal and external auditing procedures related to payroll by following company standards and policies.
Monitor and review complete payroll accounts for verification of accuracy and in case of any discrepancies make appropriate corrections and updates at the end of every month.
Prepare/make the necessary payroll accounting entries periodical as and when required including monthly provisions and accruals.
Maintain the Balance Sheet Reconciliations for the payroll related accounts.
Ensure that all control accounts are in balance with subsidiary records.
· Prepare the employees deductions.
Qualifications
Bachelor degree in Finance/Accounting is a must
Advanced MS Word Excel and PowerPoint experience
Able to meet short deadlines
Maintain Confidentiality of the payroll data
Able to deliver quality work under pressure
Minimum experience:
Minimum 3 year experience working in Finance Department including experience of managing the payroll function of the company.
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