Payroll & Benefits Specialist
4 weeks ago
Terumo Aortic is seeking a highly organized and detail-oriented Payroll & Benefits Specialist to join our growing team. In this role, you will play a vital part in ensuring the accurate and timely processing of payroll for all employees while also administering employee benefits programs.
Your Responsibilities:
- Payroll Management: Oversee and manage the organization's payroll functions, ensuring accurate and timely processing for all employees. This includes handling various payroll inputs such as overtime, shift allowances, commissions, and other relevant data.
- Benefits Administration: Update and maintain employee benefits information within our HRIS system. Administer a range of benefits programs, including pensions, healthcare, and voluntary benefits. Effectively communicate benefits information to new employees and ensure ongoing communication about benefit offerings.
- Data Management & Reporting: Maintain accurate payroll records and generate reports for senior management. Investigate and resolve any payroll discrepancies promptly and efficiently.
- Compliance & Documentation: Ensure compliance with all relevant regulations by completing necessary documents for Inland Revenue Online and processing statutory payments and government forms in a timely manner.
- Process Improvement: Actively participate in reviewing and updating payroll processes to enhance efficiency. Utilize checklists to ensure adherence to established procedures.
- Financial Reconciliation: Reconcile payroll data and report any issues to management. Prepare various financial reports for the Accounts Department, including monthly headcount and KPI reports.
- Pension Administration: Manage daily pension administration tasks, handle employee queries, prepare annual returns for pension schemes, and ensure timely payment of pension contributions.
Qualifications:
The ideal candidate will possess a strong understanding of payroll principles and best practices. Experience with HRIS systems and proficiency in Microsoft Office Suite are essential. Excellent communication, organizational, and problem-solving skills are crucial for success in this role.
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