Payroll Analyst  

Payroll Analyst plays a crucial role in Human Resources, ensuring accurate payroll processing, effective timekeeping, and the seamless administration of salary and benefits programs.

This role is perfect for someone who thrives in a fast-paced environment, has a strong grasp of payroll processes, and takes pride in accuracy and compliance.

Roles & Responsibilities:

• Process payroll and attendance records accurately and on schedule to ensure timely employee compensation.
• Assist in developing and maintaining salary and benefits structures
• Formulate, update, and amend compensation policies in accordance with organizational standards and legal requirements.
• Calculate separation pay accurately following company policies and applicable laws.
• Ensure adherence to statutory requirements, including contributions and filings for SSS, Pag-IBIG, PhilHealth, and BIR.
• Handle annualization and Income Tax Return (ITR) preparations in compliance with tax regulations.
• Produce detailed reports on Key Performance Indicators (KPIs), including attendance, absenteeism, and turnover rates.
• Manage payroll complaints professionally, ensuring timely resolution and monitoring issues.
• Generate manpower and salary statistics for workforce planning and budgeting decisions.
• Conduct benchmarking studies on salary and benefits to ensure market competitiveness
• Prepare labor cost projection and manpower wages budgets

Education & Qualifications:

• Bachelor’s degree in accountancy, Operations Management, Human Resources Management, or a related field, with a strong focus on Payroll.

Experience:

• Minimum of 5 years’ hands-on experience in payroll and timekeeping.
• Proven expertise in Payroll processing, Taxation, and statutory compliance.

Skills & Competencies:

• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
• High attention to detail and strong mathematical skills for accurate payroll processing and reporting.
• Ability to handle confidential and sensitive information with discretion.
• Proficiency in Microsoft Excel for data analysis and reporting.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively at all levels of the organization.
• Familiarity with SQL or Power BI is a plus.
• Flexibility to adapt to changing priorities and willingness to work beyond regular hours when necessary.