Payroll & Treasury Officer

3 weeks ago

City of London Greater London, United Kingdom Simply360 Search Full time

Do you have 4-6 years of post-qualification payroll experience in the professional services industry and looking for a new challenge - Would you relocate to Bahrain to join a leading Government Business Consulting and Advisory firm with offices in the UK and Middle East? Then read on… Interested in this role You can find all the relevant information in the description below. This is truly a unique opportunity to join a leading Government Business Consulting and Advisory firm as a payroll & treasury officer to support the payroll, banking and general accounting activities of the business. Key Responsibilities: Payroll:

  • Oversee and process payroll for 150+ employees across 5 markets (UK, UAE, Bahrain, KSA, South Africa and Malaysia)
  • Manage Reconciliations of Pension and tax monthly, quarterly and annually
  • Coordinate with payroll service providers for timely payroll report, resolve issues and manage relationships
  • Monitor, manage and reconciles payroll taxes at the employer and employee level
  • Prepare payroll journal entries to General Ledger and year-end audit schedules
  • Producing salary certificates for staff
  • Manage the payroll mailbox and respond to queries promptly
  • Collaborate with HR monthly on employee data updates, including new hires, terminations, promotions, and changes in compensation
  • Monthly reconcile pay change report, ensuring compliance with controls.
  • Develop easy to use templates for various payroll matters.
  • Provide end-of-service benefit (EOSB) and other end-of-employment pay calculations
  • Support the implementation of payroll policies, procedures, and controls to maintain integrity.
  • Identify areas for improvement and recommend changes to enhance effectiveness and automation opportunities.
  • Manage, complete or supports the implementation of payroll-related initiatives and projects
Treasury:
  • Liaise with banks to resolve any issues or discrepancies related to banking transactions or services, including rejected or delayed transactions.
  • Monitor bank account balances in different currencies across markets, ensuring sufficient funds for upcoming pay run.
  • Review and reconcile bank accounts regularly, identifying and resolving discrepancies.
  • Audit bank charges and record them on the accounting system.
  • Extract transaction and swift copies as required for the finance team.
  • Process and track bank guarantees. Maintaining a record of documentation and auditing charges.
  • Collaborate with AP team to upload payment instructions to the banking systems.
  • Completion of month-end bank reconciliations for approval by HoF
  • Preparation of bi-weekly short-term 12-week cashflow forecast.
  • Review currency requirements weekly and request forex funding from HoF
  • Reconcile individual cooperate credit cards monthly and investigate any discrepancies.
Projects
  • Support wider team on monthly ADHOC general accounting requirements
  • Source and implement a new payroll system that integrates with existing HR system
Experience: Ideally you will have 4-6 years of post-qualification payroll experience within a multi-national company in the professional services industry with a portion of such experience occurring in the Middle East. Core Skills:
  • Unquestioned integrity and adherence to strict confidentiality
  • Strong personal communication skills
  • Effective planning and organising skills to prioritise key areas of responsibility, tasks and projects
  • The ability to keep calm in a crisis and to cope well with conflicting deadlines
  • Strong team player who is both committed and flexible
About the Client: You will be joining a purpose-driven organisation seeking to improve the positive performance and impact of governments and you will be part of and contribute to some of the most interesting and challenging government reform programmes in the world PLEASE NOTE: You must be willing to relocate to Bahrain to be considered for this role If this sounds like you then please send us your CV now Due to the high volume of applications, only successful candidates will be contacted.

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