Payroll Accountant At Majid Al Futtaim
Job description
This Position is based in MAF Global Solutions (GS). This is a new department which has recently been set-up for all the wholly owned subsidiaries of MAF. GS is responsible for all the transactional Accounting operations of the entities incl. preparation of Financial Statements.
The above position will be responsible for managing payroll disbursements, and payroll Finance related activities for MAF subsidiaries (including overseas).
Responsibilities
Maintain employee confidentiality and protects payroll operations by keeping information confidential and secure.
Support monthly payroll processing within established deadlines as per the agreed SLA.
Processing of End of Services benefits payments of the employees.
Assist in the set-up of new company for payroll processing including co-ordination with the bank.
Join regular meetings with the entities in identifying their issues.
Assist in internal and external auditing procedures related to payroll by following company standards and policies.
Monitor and review complete payroll accounts for verification of accuracy and in case of any discrepancies make appropriate corrections and updates, at the end of every month.
Prepare/make the necessary payroll accounting entries periodical as and when required including monthly provisions and accruals.
Maintain the Balance Sheet Reconciliations for the payroll related accounts.
Ensure that all control accounts are in balance with subsidiary records.
Prepare the employees deductions.
Minimum Qualifications and Knowledge:
Bachelor’s degree in Finance/Accounting is a must
Advanced MS Word, Excel and PowerPoint experience
Able to meet short deadlines
Maintain Confidentiality of the payroll data
Able to deliver quality work under pressure
Minimum Experience (number of years):
Minimum 3 years’ experience working in Finance Department including experience of working in the payroll function