Payroll Officer - Dubai, United Arab Emirates - Binghatti Holding

Binghatti Holding

Verified Company

Dubai, United Arab Emirates

2 weeks ago

Posted by:

Ahmed Al-Mansouri

beBee Recruiter

Description

Job Title:
HR Payroll Officer**
Department : Human Resources Department

Reports to:
Grp. Sr. HR Director & Grp. Director HR & Operations

Responsible for accurately processing the company's payroll, ensuring compliance with all relevant laws and regulations, and providing exceptional service to our employees.

Responsibilities & Duties:

Payroll Management:

Lead endtoend payroll processing for all employees, ensuring accuracy, compliance, and timeliness.
Manage payroll cycles, including data input, calculation of wages, deductions, and taxes, and distribution of paychecks or electronic transfers.
Verify and reconcile payroll data to ensure accurate payment and deductions.
Manage and monitor the HR budget to keep track of the expense's vs budget etc.
Manage the commissions release of all sales departments including Relationship Managers, Sales Managers, Sales Consultants and Tele sales.
Manage the HR Corporate credit cards, by paying but not limited to airline tickets and hotel bookings.
Prepare and maintain ticket allowance comparison for all the sectors.
Manage and execute the payouts of final settlements, leave settlements, bonus, and increments.
Process the salary bank transfer every month.
Lead the C&B policy and implementation of the Human Resources Management System (HRMS).
Review and audit the monthly payroll with C&B Executive before Director HR & Operations approval.
Prepare and plan for group compensation and benefits package to be submitted by the 3rd quarter of the year.

Tax Compliance:

Ensure compliance with local, state, and federal tax regulations related to payroll.
Stay updated on tax law changes that could impact payroll processing and reporting.

Benefits Administration:

Oversee the administration of employee benefits, including health insurance, retirement plans, and other compensationrelated programs.
Coordinate with external benefit providers and internal teams to ensure accurate deductions and reporting.
Stay informed about the latest HR analytics trends, tools, and methodologies, proactively identifying opportunities to enhance HR reporting and analytics capabilities.
Collaborate with HR leaders, business unit managers, and project teams to understand their reporting needs and provide analytical support to address specific HR challenges.
Work closely with senior management to develop and implement a comprehensive HR metrics strategy that aligns with the goals of the Binghatti group businesses and plan future compensation and benefits policies.
Define, track, and analyze HR Key Performance Indicators (KPIs) for various business units, comparing results against industry benchmarks and best practices to identify areas for improvement.
Conduct indepth analyses and prepare the salary bracket. Review for all the designations available in the organization twice each year by conducting surveys and competitor analysis.
Manage and improve benefits scheme.

Data Reporting and Analysis:

Develop and generate regular payroll reports for management, finance, and HR teams, providing insights into compensation trends, costs, and forecasts.
Analyze payroll data to identify discrepancies, anomalies, and opportunities for process improvement.
Ensure data privacy, confidentiality, and compliance with relevant data protection regulations while handling sensitive HR data, including salary details.

Compliance and Auditing:

Ensure compliance with labor laws, tax regulations, and other legal requirements related to payroll and compensation.
Prepare and provide data for internal and external audits related to payroll.

Process Improvement:

Continuously assess and refine payroll processes to enhance efficiency, accuracy, and user experience.
Implement best practices and automation solutions to streamline payroll operations.

Team Management:

Supervise a team of payroll administrators, coordinators, or specialists, providing guidance, training, and performance feedback.

Vendor Management:

Collaborate with payroll service providers and software vendors to ensure effective service delivery and resolve issues promptly.

Employee Support:

Address employee inquiries related to payroll, deductions, and compensation, providing excellent customer service.

System Implementation and Upgrades:

Lead or participate in the implementation of new payroll systems or upgrades to existing systems.
Performs other duties as required by the Line Managers.

Education Requirements
Knowledge typically acquired through completion of a bachelor's degree in human resources, business administration or finance.

Working Experience & Skills