Sr. Supervisor Payroll
AHLI UNITED BANK
Total years of experience :16 years, 8 Months
Accountable to administer end to end payroll processes, leave, salary, benefits and end of service entitlements, ensuring compliance with regulatory/internal control policy and procedures.
Prepare and control the annual staff cost budget and Manpower plan by liaising with the business units.
Prepare consolidated reports for budget sign off and ongoing monthly updates to Management to achieve budget targets.
Finalize monthly reconciliation & GL Costing ensuring accounting of staff related expenses to specific divisions (cost centers).
Assist compensation & benefits on local and group level on a variety of projects including ESPP program, Medical Insurance Administration, analysis and budgeting.
MIS Reporting - Prepare periodic and ad hoc reports on budget utilization, costing, headcount, incentives/allowances for Management and other external bodies (Central bank, Social Security(PIFSS), MGRP).
Work closely with Management and Compensation & benefits to plan, design and analyze the annual Performance Appraisal, Salary Review & Bonus payout.
Participate in the enhancement of Payroll system, self-service and attendance systems, liaising with the IT for all system enhancement projects.
Participated in Market survey and conducting a job matching exercise to analyze market pay practice.
Review and update existing Job Descriptions across the bank for building a JD database
Disperse funds after scrutinizing authority of Payment order, verification by Budget department and prepare vouchers in settlement of invoices.
Accrue and review expenses for monthly / quarterly / yearly closing process.
Prepare monthly reports on purchases, sales, relocation etc. Record results of physical verification of fixed assets etc.
Monitor all special projects, follow up and Capitalization of Projects.
Process asset depreciation.
Prepare Cheques and follow up with suppliers for their collection.
Monitor sales and supervise ticketing system.
Supervise staff of 30 employees