Cape Town City Centre: Payroll Specialist (Stellenbosch)

About the Role

A fast-growing FinTech company with a footprint on the African continent seeks to fill the role of a Payroll Specialist who will ensure the accurate and timely processing of payroll for all employees across the group. You will also manage employee data, ensuring compliance with all relevant laws, regulations, and company policies through accurate and timely end-to-end payroll processing.

Key Responsibilities

• Maintain and update employee records including but not limited to new appointments, transfers, terminations, promotions, hierarchy information, role information, employee information, and payroll data.
• Quality assure the employee’s files to ensure all required information is filed and captured accurately prior to executing any payroll transactions.
• Capture all payroll inputs for earnings, deductions, company contributions, and fringe benefits accurately, adhering to instruction documents and company policies.
• Accurately and on time process payroll end to end, uploading banking files for processing and filing of all statutory returns.
• Responsible for processing, payment, reconciliation, and reporting of benefits on payroll and third-party systems.
• Ensure payroll and benefits are processed in compliance with company policies and regulatory requirements including tax filing and reporting.
• Release monthly payslips timeously.
• Prepare and distribute reports to relevant stakeholders.
• Reconcile payroll to accounts, budgets, third-party systems, etc., and resolve discrepancies.
• Keep up to date with legislation changes impacting payroll processing.
• Assist with internal and external audits.
• Prepare reports in preparations for annual remuneration and bonus cycles.
• Process remuneration changes and bonus payments.
• Ensure all relevant statutory and legally required documents are issued on termination to the employee.
• Calculation of extraordinary items such as severance packages, separation agreements, and applying of any related tax directives.
• Identify discrepancies in people and payroll information and calculations, investigate, report, and resolve issues promptly and accurately.
• Ensure compliance of payroll transactions with company compensation policy, incentive guide, and salary and benefits guide.
• Reconciliation and resolving variance and exception reports.
• Maintain company organograms through data accuracy.

Requirements

• A minimum of 3 years’ experience as a Payroll Specialist.
• Experience in processing payroll in multiple African countries (e.g., Zambia, Kenya, Uganda, South Africa).
• A minimum of 2 years’ experience on SAGE300 will be advantageous.
• Detail oriented with excellent data entry skills.
• Strong organisational and time management.
• Can communicate effectively at all levels.
• Ability to travel in Africa from time to time.

Qualifications

• Relevant Degree or Diploma.

Salary & Benefits