Employee Benefits Department Accountant at Truworths

Job Description    

• We are seeking an experienced Payroll Accountant to support the Employee Benefits team with end-to-end processing and financial accuracy.
• This is an exciting opportunity for someone with a strong understanding of payroll accounting principles and practices, who demonstrates excellent analytical skills and the ability to work in a fast-paced environment.

Key Responsibilities    

• Manage the payroll process, including managing the general ledger for RSA, African countries and the UK, verifying payroll data, and ensuring accurate and timely payment of employees.
• Ensure compliance with legislation related to payroll, including tax, benefits, and payroll deductions.
• Maintain accurate payroll records and prepare reports for management and statutory bodies.
• Reconcile payroll accounts and resolve any discrepancies in a timely manner.
• Collaborate with the Employee Benefits Department to ensure accurate employee data and maintain employee payroll records.
• Provide support for audits related to payroll and benefits.
• Develop and implement processes and procedures to improve payroll efficiency and accuracy.
• Assist with other accounting and finance functions as needed.

Qualifications and Experience    

• Bachelor's degree in Accounting, Finance or a related field.
• Minimum of 4 years’ relevant experience, including:
• At least 3 years in accounting, with a focus of payroll and accounts payable.
• 2 years’ experience leading a team.
• In-depth knowledge of payroll systems, accounting principles and payroll regulations.
• Strong understanding of payroll accounting principles and practices, as well as in-depth knowledge of South African payroll and tax laws.
• Proficient in payroll software and systems, such as Oracle.
• Knowledge of legislation as it pertains to Payroll.
• Proficient in payroll software and Microsoft Office (Excel expertise is a must).
• Experience preparing detailed reports.
• Supervise, mentor and develop a team in order to ensure high performance.
• Maintaining dividend statements.
• Budget and forecasting various countries (RSA and African countries).