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Payroll Accountant at CVPeople Tanzania

by Udahiliportaldaily
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CVPeople Tanzania | Full time

Dar es salaam, Tanzania | Posted on 05/02/2023

Job Description

Job Purpose:

The Payroll Accountant will be responsible for payroll functions ensuring pay is processed on time, accurately, and in compliance with government regulations. Responsible for Managing compensation and Benefit.

Responsibilities

  • Process payroll, ensuring accuracy and the timely payments of salaries to all staff
  • Ensure statutory deductions are accurately and timely processed
  • Ensure timely and accurate remittance of statutory deductions to tax and pension institutions and other claims ensuring compliance to statutory requirement is fully met.
  • Prepares a detailed report of monthly payroll changes, Ensure all payroll changes are supported by approved document and file in the month payroll processing files.
  • Responsible for monthly processing of salary batches and effectively upload into banking system.
  • Collaborate with HRBP’s on ongoing changes that need to be implemented in the payroll.
  • Facilitates audits upon approval providing records and documentation to auditors.
  • Identifies and recommends updates to payroll accounting software, systems, and procedures.
  • Monthly payroll reconciliation – ensure payroll payment matches with journal entries submit report on monthly basis
  • Management of employee advances – ensuring that Advance is granted as per policy and relevant documents are approved and kept for payroll processing.
  • Ensure full reimbursement of advances after the deduction period
  • Reconcile advance deductions on month to month bases submit to finance and HRM ensure all relevance deductions are done as schedules.
  • Ensure highest level of confidentiality
  • Be able to evaluate position and determine the proper market value for that job through salary surveys and statistical analysis/ benchmark to determine what the market value is for the job.
  • Provide salary simulation as and when required
  • Leading C&B review ensuring completion of all relevant aspect of benefits are reviewed and compiled for budget review
  • Process retirement, death, injury, withdrawal and retrenchment claims
  • Maintain staff records and statements related to pensions
  • Attend to all inspections/Audit related to Compensation and Benefit i.e. NSSF, WCF, Inspection et

Knowledge and Experience

  • Bachelor’s degree in Accounting or Finance required.
  • Minimum three years of related experience required.
  • Knowledge of payroll functions including preparation, balancing, internal control, and payroll taxes.
  • Excellent organizational skills and attention to detail, High level of accuracy.
  • Ability to keep and maintain a high level of confidentiality
  • Strong analytical and problem-solving skills.
  • Proficient with Microsoft Office – excel, power point
  • Proficient with payroll software

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