Payroll Accountant CA(SA) at MultiChoice

Purpose of the Position: 

• Recording Journals, Performing Reconciliation and Producing Reports

Key Performance Objectives
Tasks
Controls, Governance & Policies

• Prepare Balance sheet reconciliations for all payroll related control accounts
• Investigate reconciling items and resolve the current outstanding items (including but not limited to passing adjusting entries, following up with payroll administrators, investigating non-payroll related entries and tracing to the source)
• Assist in improvement and development of payroll processes and systems for accounting purposes
• Responsible for the development/creation, implementation and maintenance of system of robust controls, procedures and policies relating to the payroll function
• Responsible for monitoring compliance to accounting policies and payroll legislation
• Ensure compliance to policies, internal control and external audit
• Support internal audit, ensure that any findings are resolved
• Work with cross functional teams in the shared services and business to ensure compliance, accuracy and efficiency in financial area

Payroll Activities

• Analysing payroll data and providing meaningful reports to business and Performing monthly Payroll Quality Assurance
• Prepare and request monthly funding for salary costs and agree to costing reports received from various payroll administrators
• Prepare and process cashbook journal
• Processing the salaries bank account bank statement into SAP Main bank account and prepare the reconciliation
• Extract and balance payroll journal for import into SAP for the Multichoice Group
• Extract and distribute cost centre reports
• Prepare and process leave provisions. Allocating Payroll deductions to the GL (Income statement, Balance sheet or staff debtor accounts)
• Prepare and process bonus provisions
• Review and process reallocation journals from business
• Prepare and process COIDA provisions
• Provide Finance Business Partners with the Executive salary for budget and forecast
• Retrieving all EFT reports from Payroll Administrators and process timely in order to make cut-off on a weekly basis
• Reconcile and clear the bank subaccounts used for processing bank statements
• Process confidential payments, as per Management request
• Performing monthly Payroll variance analysis Assist with quarterly audit of the payroll administrators payrolls
• Assist with the half year and yearend audit. Performing the PAYE recon on the IT14SD recon for all group entities
• Assisting with payroll cost related queries
• Performing monthly Payroll analytics

Qualifications

• CA (SA) required

Experience / Skills

• Minimum 3 years’ relevant experience in a similar role
• Sound knowledge of Payroll legislation and Taxation rules
• SAP & SAGE system backline experience
• Advanced excel skills

Competencies

• Speed and accuracy with figures
• Stakeholder management
• Attention to detail
• Proactive and ability to plan ahead
• Ability to prioritise in order to meet multiple deadlines
• Ability to work under tight deadlines and pressurised situations
• Ability to work independently with minimal supervision
• Ability to think and move quickly in a dynamic fast moving environment
• Excellent communication skills- upward, downward and lateral
• Problem solving
• Customer orientated focus
• Systematic and analytical