Accountant Payroll at Durban University of Technology

Minimum requirements:

• B Degree in Accounting, or any other relevant qualification (NQF Level 7).
• Registration with a reputable accounting body.
• 3 - 5 years Payroll experience, preferably in a higher education sector.
• Knowledge of relevant legislation and rules such as UIF, Tax , Skills Levies, PAYE, WCA.
• Understanding of IFRS and other relevant accounting standards.
• Understanding of payroll-related practices such as payroll reconciliations.
• Understanding of Financial systems.
• Advanced Proficiency in MS Office.
• Proficient in SAP or equivalent system.
• Demonstrated ability to reconcile payroll and post-payroll postings.

Summary of Duties:

• Perform payroll data variances analysis.
• Query and validate bottom line variances with Human Resources.
• Process payroll payments on the systems once accuracy of data have been confirmed by Human Resources.
• Investigate and correct payroll rejections.
• Transfer payroll file to bank for payment within agreed timeframe.
• Preparation, reconciliation and submission of all monthly and annual statutory returns such as PAYE, UIF and SDL (EMP 501) returns.
• Prepare and submit all returns and declarations for the department of labour.
• Reconcile the annual EMP201 to generate the EMP501 and submit to SARS.
• Generate IRP5s for submission to SARS and distribution to employees.
• Calculate any PAYE overpayment and submit any refund claims to SARS.
• Process all statutory and third-party payments accurately and timeously prior to submission to Manager Accounts Payable and Payroll for review and approval.
• Perform statutory and third-party payment reconciliations.
• Submit proof of statutory deduction payments to HR
• Make available reports, answer to audit queries from and render explanations to the DUT auditors during interim and year end audits.
• Prepare all the payroll disclosure for the annual financial statements in line with the reporting standards and DHET requirements.
• Prepare reports for purposes of reporting to various structures as required, in accordance with the reporting schedule.
• Provide input into monthly reports on payroll-related metrics Ensure payroll system updates take place as scheduled.
• Submit forecasted increase in employee benefits and statutory contributions to Manager Accounts Payable and Payroll for inclusion in the payroll budget.