Accounting/Finance - Associate Payrolls

Accounting/Finance - Associate Payrolls
Job Description

The successful candidate will be part of Finance Division, Payrolls Department. He/She will need to ensure timely clearance of suspense accounts, as well as timely submission, receipt and allocation of claims from the Government. In addition, he/she will also be responsible for timely and accurate salary payouts to a subsidiary of the SIA Group, as well as processing of Accounts Payable (AP), Accounts Receivable (AR) and raising of Journal Voucher (JV) to ensure accurate accounting of payroll data.

Key Responsibilities:

• Investigate and follow up on unreconciled/open items in the suspense accounts on a timely basis, and ensuring that the items are cleared promptly by the targeted departmental KPI on a monthly basis.

• Process/submit claims on a timely basis by the stipulated timeline and ensure prompt receipt and allocation of the claims from the Government.

• Raise the AP for the staff salary payouts for a subsidiary of the SIA Group on a prompt basis, and any other required AP (e.g. for Foreign Worker Levy (FWL), CPF submissions etc.).

• Perform quarterly reconciliation of staff loans and debts owed by ex-employees.

• Perform random payroll accuracy checks to detect errors and ensure recovery actions are taken.

• Back-up for reporting and analysis of payroll cost and allowances.

Requirements

• Diploma in Accountancy.

• Good attention to details.

• Good analytical skills.

• Effective time management skills.

• Effective communications skills.