Payroll and Treasury Officer
Job Description
We are partnering with a prestigious government consulting firm. They specialize in empowering governments-from central agencies to ministries and public enterprises-to design, manage, and implement impactful programs that benefit the global community.
Responsibilities
Description
- Payroll (for over 150 employees across multiple locations): Manage all aspects of payroll, ensuring timely and accurate payments across five countries. Oversee pension and tax reconciliations on a regular basis. Collaborate effectively with payroll service providers to maintain smooth operations and address any issues. Ensure compliance with payroll regulations for both employers and employees. Maintain accurate payroll records and prepare financial reports. Provide support to HR on employee data management, including handling new hires, terminations, and changes in compensation. Develop user-friendly templates to streamline payroll processes. Calculate and process end-of-service benefits and other termination payments. Implement and maintain strong payroll policies and controls to safeguard data integrity. Identify opportunities for improvement and automation within the payroll system. Lead or contribute to the implementation of payroll-related projects and initiatives.
- Treasury: Act as a liaison with banks to resolve any banking issues and ensure smooth transactions. Monitor account balances across various currencies and ensure sufficient funds for payroll needs. Reconcile bank accounts regularly to identify and address discrepancies. Review and record bank charges accurately. Obtain necessary transaction details and documentation for the finance team.Manage and track bank guarantees within the GCC region. Work with the Accounts Payable team to upload payment instructions to banking systems. Prepare monthly bank reconciliations for approval by the Head of Finance.Generate bi-weekly short-term cash flow forecasts.Manage currency requirements and request forex funding as needed.Reconcile individual corporate credit cards monthly and investigate any discrepancies.
- Other: Assist the team with various non-routine general accounting tasks on a monthly basis.Lead or participate in the selection and implementation of a new payroll system that seamlessly integrates with the existing HR platform.
