Compensation & Benefits Team Leader
FDC
Total years of experience :14 years, 2 Months
Performs salary reviews according to Hay Group grading system and pay scale. Conducts market salary surveys and interprets results.
Process payroll ( Lebanese Taxation, NSSF, Labor Law)
Initiates new incentive plans along with market challenges. Identifies emerging trends, conducts benchmarking, and completes feasibility and cost studies.
Ensures accurate and on-time submissions of all NSSF and Ministry of finance forms and reports.
Monitors the salary structure & benefits provision to ensure a balance between control of costs & attraction/retention of staff. Provides recommendation to HR Management.
Supervises a team of 2 compensation & benefits specialist and 1 NSSF Officer
Supervise accounting functions and reports.
Prepares financial statements, and assist in budget preparation process.
Supervises accounting staff to ensure that they are appropriately trained and motivated and carry out their responsibilities to the required standards.
Provides full accounting services, including the preparation of estimates, budgetary control and final accounts for a cost center.
Prepares monthly trading accounts for cost center activities to ensure that financial targets are met and to assess the need for any remedial action.
Supports to maintain all other necessary controls and processes to ensure that legal and financial requirements and regulations are complied with.
Prepares statistical returns and financial analysis on a range of topics for internal and external use.
Oversees the leave, salary and end of service calculations.
Monitors the performance of the branches and define deviations from budget.
Monitors the ERP and identify unusual disbursements.
Manages the preparation and validation of payroll data and work effectively with the finance function to ensure timely and accurate payment of salaries and allowances.
Oversees the operation of disciplinary procedures within the Company, and ensures that performance issues are addressed in a timely and appropriate way and that all employees are treated fairly and equitably in their employment with the Company.
Oversees the operation of processes for early retirement and voluntary severance.
Prepares annual goals and budgets for the Personnel HR function to submit to the HR corporate planning process.
Maintains job evaluation system and personnel records.
Administers company salaries and benefits programs.
Participates in preparing and monitoring succession plans in terms of Compensations & Benefits.
Maintains leave and sickness/accident records.
Coordinates and resolves discrepancies with the Social Security authorities.
Coordinates with the Finance, Accounting, and sales Departments in order to prepare the commissions accordingly with both the Company policies and procedures.
Participates in the preparation of insurance coverage plans in coordination with the HR manager and the company’s insurance brokers.
Accountable of other Benefits, Allowances and Deductions Relevant to Payroll (Liters-Plus, staff sale, commissions, mutual funds, attendance, Bonuses…)
Processes all Payroll reports: (Payroll sheets audited & approved by HRM & FM, Budget versus actual to date for all expense elements
Issue transfer letters by bank & name and transfer payroll files to banks.
Follow-up on system’s reports and recommend new updates and tools to optimize efficiency of the Payroll module.
Follow-up on system’s reports and recommend new updates and tools to optimize efficiency of the Payroll module.
1. Prepare monthly account reconciliations
2. Assist with financial and tax audits
3. Monthly bank reconciliations.
4. Responsible for the receivable and payable.
5. Assist in documentation and monitoring of internal controls.
6. Prepare journal entries.
Handling Gulliver's Travel Associates accounts
Prepare invoices to clients
Responsible for monthly bank reconciliation.
Prepare daily sales report to the chief accountant.
Responsible accounts receivable and payable.
Prepare journal entries.
Prepare NSSF Reports and Tax on salaries.
Enter data of invoices collected in cash in agreement with the finance manager
Make necessary follow-up with clients to settle payments
Responsible of the cashier of the company
Prepare the invoices to clients when purchase executive is not available
Responsible for comparison of bank reconciliations branches petty cash bank deposit preparation
Prepare monthly reports and requests as per the management request
Prepare Salaries and NSSF payments