HR Benefit Compensation Executive

Full time at a Laimoon Verified Company in Saudi Arabia

Posted on December 25, 2024

Job details

Revises all monthly entries on the HRMS against approved documents e.g. employee leaves, personal loans, overtime, various deductions and corrects possible errors to secure accuracy of the payroll process.Verifies all payroll transactions on the system according to the standard workflow moving them to the next approval level to ensure timely disbursement of salaries.Exports monthly payroll to the general ledger, provides the finance department with the monthly reports and reconciles any outstanding sums to ensure conformity of expenses.Revises and reconcile all due payables to leaving employees e.g. End Of Service Benefit, and paid vacations to clear their final settlement.Reports promptly any system errors/problems or needs to the HRMS and tests new system initiatives to confirm their viability.Generates system reports required by HR, Finance or line functions to aid decision making.Working independently and lead the payroll team to meet strict compliance deadlines to effectively deliver timely and accurate payrolls.Effectively managing and integrating a high volume of data from multiple sources.Job SpecificationUpdates records by reviewing and entering changes in earnings, deductions.Prepares pay by verifying time records.Balances payroll accounts by auditing information; identifying and resolving discrepancies.Accomplishes organization goals by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.Advise and guide on pay related matters: pay reviews, reward projects, changes to pay related terms etc.Information Technology and Services - Rawalpindi, Pakistan

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