Payroll Analyst (Hong Kong Payroll) - DFS5218247 in Singapore at DFS

Date Posted: 10/6/2019

Job Snapshot

Job Description

Responsible for supporting Payroll Manager in the overseeing, managing & administering the Payroll and Payroll Accounting function in specific country in support of the company’s strategic business objectives. Work closely with Division Finance, Division Human Resources and Managers to ensure payroll management is aligned to regulators’ requirement and support the business goals and objectives of the organization. This role and its responsibility will evolve to managing payroll vendor’s performance including validation of payroll results etc when payroll outsourcing goes live. The liaison with Division Finance, Division Human Resources and Managers to ensure payroll management is aligned to regulator’s requirement and support the business goals and objectives of the organization remain unchanged.

Key Responsibilities:

• Responsible for the Payroll processing, payroll posting, payroll costing and accounting (where applicable).
• Responsible for the handling of exception payroll related queries and ad hoc / quarterly / year-end statistical reports for Group Financial Control, internal auditors and E&Y auditors.
• Responsible for the Payroll Accounting activities (where applicable) i.e. month end closing, trend analysis, preparation of schedules & reconciliations, preparation of budgets.
• Responsible to update and align standard operating models including standard payroll report formats, SOP, checklist, payroll calendars etc.
• Responsible for all system enhancement projects and ad hoc initiatives related to process improvement.
• Responsible for the year end processing: - Non Management and Management bonus - Tax reporting - Year end audit
• Responsible for accurate and timely submission of tax filing for all employees.
• Coordinates communication & distribution of payroll, accounting, relocation (e.g., monthly, quarterly, annual reporting, payroll budgeting, accruals etc.,) with internal and external sources, as appropriate, for all of the business units.
• Works with SAP staff regarding changes required to maintain proper internal and external interfaces for our payroll and accounting processes & system maintenance; assists in preparation and distribution of timely and accurate reporting.
• Liaises directly with third party vendors and manages the relationship to ensure smooth and timely delivery of payroll.
• Responsible for timely response to staff’s query on payroll, accounting and relocation program questions, problems, issues relating to payroll.
• Work closely with Senior Payroll Manager in ensuring process is able to integrate with the various systems within DFS, including but not limited to employee data in SAP, productivity & time capture reporting in Kronos, management approval processes in P2P, etc.
• Keeps abreast of “best practices” and changing regulatory requirements at the national & local level, as appropriate, and ensure Company compliance.

Key Requirements:

•Local Polytechnic Diploma or Bachelor Degree
•More than 5 years Singapore and Hong Kong SAP payroll and HR experience
•Knowledge of SAP HR, Compensation & Benefits terminology
•Advanced excel skills.MS Excel (V-lookup, pivot table), PPT, Words Ability to articulate and communicate well, both verbal and written
•Strong process thinking, initiative and leadership skills
•Able to work as a team
•Able to deliver under pressure and fast pace environment and deliver within timelines
•Meticulous, organized and accurate
•Excellent communication skills and able to interact with all levels
•Can-do attitude
•Able to work flexible hours and shifts, including weekends, nights and holidays as required by the needs of the business
•Able to work overtime, as needed