Truworths is a market-leading fashion apparel retailer in South Africa offering internationally inspired clothing and footwear for ladies, men, teenagers and kids across a diversified portfolio of its own exclusive brands.
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Manage the payroll processes, including managing the general ledger for RSA, African countries and the UK, verifying payroll data input and output, and ensuring accurate and timely payment of employees
Ensure compliance with legislation related to payroll, including employees tax, benefits, payroll earnings and 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
Oversee the financial impact of share incentive schemes
Assist with other accounting and finance functions as needed.
Qualifications and Experience
Bachelor's degree in Accounting, Finance or a related field
Minimum of 5 years’ relevant experience, including:
At least 3 years in accounting, with a focus on 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, payroll accounting principles and practices, as well as an in-depth knowledge of South African payroll and tax laws
Working knowledge of the Employee Tax Incentive (ETI) would be advantageous
Reconciliation and bi-annual submission of employees tax and annual tax certificates
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
Ensure the reconciling of all share incentive scheme activity (e.g. share gains, dividends etc.)
Overseeing the budget and forecasting various countries (RSA and African countries) for the department
Competencies
Excellent analytical and problem-solving skills
Strong attention to detail with excellent organizational and time management skills
Ability to work accurately in a deadline driven and fast-paced environment
Excellent communication and interpersonal skills, with the ability to handle confidential information with discretion
Ability to work independently and as part of a team
Ability to use initiative and be pro-active
Self-motivated, organized and systematic
Highly adaptable, dependable, receptive and resilient
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