Payroll Accountant

An opportunity has arisen for a 3 month contract for a Payroll Accountant within a leading South African asset manager. The position reports to the Head of Finance and has the possibility of becoming permanent.

Duties include:

  • Payroll administration
  • VIP and setting up payment batches in Business On Line
  • Payslips/IRP5s
  • Group Life & Disability Benefits
  • Medical Aid
  • Provident Fund
  • UIF
  • WCA
  • Maintenance of Leave system
  • Mid-year and tax year-end SARS reconciliations and submissions
  • Resolve all payroll, benefits and tax queries
  • Preparing monthly salaries provisions
  • Preparing monthly payroll reconciliations and clearing all reconciling items timeously
  • Preparing and updating the monthly salary forecast
  • Preparing payroll cash books for group companies and related staff trusts
  • Administer investment instructions
  • Preparing salary increase letters
  • Preparing bank reconciliations
  • Preparing third party payments and reconciliations

Basic Job Requirements

  • An appropriate tertiary qualification: B.Comm Accounting
  • Experience: Minimum 5 years’ working experience on a payroll and HR systems
  • Sage People experience essential
  • Experience in financial services environment will be advantageous.
  • Software: MS Word, MS Excel, MS Outlook, MS PowerPoint
  • Sound knowledge and experience in payroll (Sage People)
  • Sound knowledge and experience of PAYE and statutory compliance and understanding of employee benefits.

Key competencies required

  • Attention to detail/high accuracy levels
  • Strong planning and co-ordinating skills and good time management
  • A team player and able to build strong working relationships with colleagues and clients
  • Numerical skills
  • Good communication skills, both in oral and written form
  • Strong numerical and analytical skills
  • Problem-solving skills and able to continuously improve/automate processes
  • Able to work independently
  • Knowledge of Accounting System (Accpac or other)
  • Knowledge of personal income tax advantageous