Mehboob M Yaqoob, Payroll Supervisor

Mehboob M Yaqoob

Payroll Supervisor

Boutiqaat Group

Location
Kuwait
Education
Bachelor's degree, Bachelor in Commerce
Experience
21 years, 8 Months

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Work Experience

Total years of experience :21 years, 8 Months

Payroll Supervisor at Boutiqaat Group
  • Kuwait - Hawali
  • My current job since September 2019

• Payroll management of almost 1200 Kuwait, UAE, India and other offshore employees.
• Monitor and review changes in employee status in HRMS and ensure day to day transactions are recorded according to management guidelines and procedures.
• Generating and posting of staff pay slips after closing monthly payroll.
• Hold discussions with stakeholder for development, improvement and implementation of policies and procedures.
• Reconcile payroll with finance & accounting deptt and upload EFT files to bank system as required.
• Coordinate with finance and accounting deptt for off cycle employee payments.
• Coordinate with onsite HR officers and department/section supervisors for resolution of employee wages, incentives, overtime and other payroll issues and queries.
• Finalize leave and indemnity accruals monthly and coordinate with finance team for proper record in accounting system.
• Monitor attendance system and reports generated by it for accuracy and use for payroll processing and application of penalties according to policy.
• Verify leave accruals and process employee leave, including but not limited to; annual leave, sick leave, compassionate leave, maternity leave in accordance with relevant labor laws.
• Issue and record of termination, resignation or dismissal letters.
• Initiate final clearance process for separated employees.
• Process end of service settlements in accordance with relevant contract agreements and relevant labor laws.
• Issue and record of salary certificates and service certificates.
• Prepare payment requests for commissions, incentives and overtime.
• Prepare payment requests for off payroll benefits as per contracts.
• Prepare payment requests of yearly travel allowance as per policy.
• Review and verify transactions performed by other payroll section staff.
• Social security deductions in coordination with government relations team.
• Staff receivables and loan instalments deductions in coordination with finance team.
• Coordinate with related IT personnel and HRMS provider to implement and improve HRMS process, reports, data accuracy and reliability.
• Liaise with auditors and finance & accounting deptt for payroll audit.
• Guide and assist office colleagues on variety of issues e.g. improvements in software applications and proper implementation of updates in policies and procedures.

Payroll Officer at ACICO Group
  • Kuwait - Al Kuwait
  • April 2018 to August 2019

• Payroll management, processing and reporting of almost 1400 employees.
• Processed veriety of incentives and overtime as per company policies.
• Coordinated with Rewards section for monthly incentives, air ticket settlements and any other rewards as awarded by management.
• Performed attendance and work charts review and other information in order to detect and remove discrepancies and ensure accuracy of payroll.
• Updated loans, advances, PISS deductions and other payments in master record.
• Coordinated with finance and accounting deptt for employee payments.
• Coordinated with site HR officers for resolution of employee wages, incentives and overtime issues.
• Processed employee leave entitlements, including but not limited to; annual leave, sick leave, compassionate leave, maternity leave in accordance with relevant contract agreements and Kuwait labor law.
• Initiated final clearance process for resigned / terminated employees.
• Processed end of service settlements in accordance with relevant contract agreements and Kuwait labor law.
• Coordinated with Admin section for employees residence renewals and transfers.
• Coordinated with insurance officer for employee work related accidents and PMI settlements.
• Managed employees bank accounts opening and record keeping.
• Coordinate with HRIS officer to improve HRIS reports and data accuracy and reliability

Payroll Administrator at Drake & Scull International
  • Kuwait - Al Kuwait
  • February 2017 to April 2018

• Total payroll administration, management and reporting for almost 800 employees.
• Prepared monthly HR & Payroll MIS reports required by corporate office in Dubai.
• Performed timesheet calculation, reviewed work charts and other information in order to detect and remove discrepancies and ensure accuracy of payroll.
• Recorded changes affecting net wages, e.g. loans, advances, PISS deductions and other payments in master record.
• Payroll reconciliation with finance and accounting deptt.
• Coordinated with finance and accounting deptt for employee payments.
• Closely coordinated with site supervisors and section heads for resolution of employee wages and overtime issues.
• Processed employee leave entitlements, including but not limited to; annual leave, sick leave, compassionate leave, maternity leave in accordance with relevant contract agreements and Kuwait labor law.
• Take qutations for employee air tickets and request for booking as per HR manager advice.
• Issue and record Termination, resignation or dismissal letters.
• Processed end of service settlements in accordance with relevant contract agreements and Kuwait labor law.
• Issue and record salary certificates and service certificates.
• Recorded employee information, such as transfers, promotions, bonuses.
• Coordinated with insurance co. for employee work related accidents reporting, follow up and claims.
• Managed employees bank accounts opening and record keeping.
• Coordinated with admin section for salary clearance letter from ministry of social affairs and labor.
• Posted new vacancies and arranged for interviews in coordination with HR manager and concerned manager.

Payroll Manager at Rizzani/OHL/Boodai/Trevi Joint Venture
  • Kuwait - Al Farawaniyah
  • March 2012 to May 2015

• End to end payroll administration, management and reporting for more than 2, 500 employees.
• Prepared monthly and end of year reporting and other relevant financial system reports and entries as required, met all payroll timelines and delivery as required.
• Performed timesheet calculation and reviewed work charts, wage computations and other information in order to detect and reconcile payroll discrepancies and ensure accuracy of payroll.
• Recorded changes affecting net wages, e.g. loans, advances, PISS deductions and other payments in master payroll records.
• Payroll reconciliation.
• Coordinated with finance section for employee checks and salary payments not included in monthly payroll.
• Closely coordinated with site supervisors and section heads for resolution of employee wages and overtime discrepancies.
• Coordinated with cost control section for salaries related budget control reports.
• Prepared data analysis reports for finance and accounting managers to control employee expenses.
• Processed employee leave entitlements, including but not limited to; annual leave, casual leave, sick leave, compassionate leave, maternity leave in accordance with relevant contract agreements and Kuwait labor law.
• Processed end of service settlements in accordance with relevant contract agreements and Kuwait labor law, and coordinated with finance section for payment.
• Recorded employee information, such as transfers, promotions, bonuses, terminations and resignations, in order to maintain and update payroll records.
• Managed employees bank accounts opening and record keeping.
• Assisted Accounting, Fincnce and HR managers, in variety of administrative tasks.
• Prepared and reviewed payment vouchers and entries.
• Liaised with auditors for annual audit.
• Liaised with finance, accounting and administration managers to develop and implement policies and procedures for improved internal controls.

Group Payroll Officer at A'amal Holding
  • Kuwait - Al Kuwait
  • February 2011 to March 2012

Basic functions;
• Managed group’s monthly payroll Process for more than 500 employees.
• Managed annual leave entitlements and final settlements.
• Processed wages and overtime for part-time employees.
• Processed annual leave, maternity leave, sick leave and other types of leave requests.
• Recorded deductions for loans, advances, social security and others etc.
• Updated annual leave and end of service benefits accrual reports.
• Coordinated with accounting managers of hotels and restaurants for payroll reconciliation and resolution of employees wages / overtime issues.
• Closely coordinated with HR manager for development and implementation of Human Resources policies and procedures.
• Coordinated with Finance Dept. for annual leave and final settlement payment.
• Coordinated with bank staff to open employee bank accounts.
• Assisted and coordinated in any other task as required by Group Finance controller, Finance/Accounting and HR managers.

Payroll Assistant at First Kuwaiti Trading & Contracting Company
  • Kuwait - Al Kuwait
  • November 2007 to January 2011

Basic functions;
• Updated daily payroll data in HR system.
• Assisted as required with all routine administrative duties of the section.
• Processed End of Service & Annual Leave settlements.
• Transferred more than 1, 200 employees salaries to their home countries in coordination with remittance companies.

Accountant at Sheikh of Sialkot (Pvt) LTD
  • Pakistan - Sialkot
  • March 2006 to March 2007

• Recorded journal entries for export sales and local sales transactions, local purchases and imports and bank transactions.
• Prepared monthly bank reconciliation statements.
• Prepared salaries and overtime for more than 500 employees.
• Submitted income and sales tax returns to tax authorities
• Recorded inventories changes in company stores software.
• Performed internal audit of inventories by comparing suppliers invoices with goods received and inspected notes from stores and gate in/out passes and purchase orders, took physical stock regularly.
• Assisted Finance Manager in all routine administrative issues.

Accountant at H.K.Communications (Pvt) LTD
  • Pakistan - Sialkot
  • March 2003 to October 2005

• Recorded daily accounting transactions.
• Recorded chip cards stocks and sales.
• Reconciled monthly Pakistan telecommunications company LTD (PTCL) bill with company's Network Management System bill.
• Filed income and sales tax returns.

Assistant Accountant at Ramna Sports Goods Industries
  • Pakistan - Sialkot
  • February 2000 to February 2003

• Recorded daily accounting transactions.
• Filed vouchers.
• Filed income and sales tax returns.
• Assisted senior accountant and finance manager.

Education

Bachelor's degree, Bachelor in Commerce
  • at Punjab University
  • September 1999

Major subjects included Financial Accounting, Cost Accounting, Tax, Business Law, Business Methametics, Economics.

Bayt Tests

Financial Analysis Test
Score 88%

Specialties & Skills

Accounting
Payroll
Microsoft Excel
Employee Benefits
MS Excel
MS Word
Payroll Processing
Kuwait Labor Law (Private Sector)
Accounting
SmartSuite HRMS
eNfinity HRMS
Mena HRMS
Microsoft dynamics AX
Odoo HRMS
Numerical and Data Analysis
Details Oriented Analysis
Time Management
Organizational Management
Regulatory Compliance
Communication and Interpersonal
QuickBooks

Languages

English
Expert
Arabic
Intermediate

Memberships

Institute of Management Accountants (USA)
  • Certified Member
  • January 2012

Training and Certifications

Microsoft Office (Certificate)
Certified Management Accountant (Certificate)
Date Attended:
January 2015

Hobbies

  • Reading Books