PAYROLL OFFICER – Futurist Investments (Guyana) Inc

Description

Payroll Officers help a company run smoothly by managing all the salaries of the employees. Keeping an accurate record of employee hours and salaries can help the company make decisions about growth and future plans. A Payroll Officer works with multiple departments to ensure that salaries are transparent, employees receive their pay on time, and that they all have a thorough understanding of their salaries.A Payroll Officer, or Payroll Administrator, ensures employees of a company are paid the right amount on time. Their duties include auditing and verifying timekeeping records, managing deductions and overtime and ensuring salary payments comply with local laws.

Requirements

Degree in Accounting, Finance, HR, or a related field. 3+ years in payroll administration 3 to 5 years Strong knowledge of payroll systems and tax laws.
Proficient in MS Excel and payroll software (e.g., QuickBooks, Sage).
High attention to detail and confidentiality.
Strong communication and problem-solving skills.

Responsibilities

• Payroll Administration:
  – Process payroll for employees accurately and on time for all the entity.
  – Ensure payroll data is correctly entered and updated in the system.
  – Calculate and verify employee salaries, overtime, deductions, bonuses, and leave balances.
  – Address payroll-related queries from employees, providing timely resolutions.
• Tax & Benefits Management:
  – Administer statutory deductions (taxes, social security, pension contributions).
  – Ensure compliance with tax laws and other relevant regulations.
  – Manage employee benefits, including insurance, and allowances.
• Insurance Claims Handling:
  – Manage and process employee insurance claims (health, life, disability, etc.).
  – Liaise with insurance providers to ensure the timely processing of claims and resolution of issues and Maintain accurate records of employee insurance coverage and claims history.
  – Advise employees on insurance-related queries and the claims process.
• Record Keeping & Documentation:
  – Maintain accurate and confidential payroll records.
  – Prepare and file reports for internal and external stakeholders (tax authorities, auditors).
  – Issue pay slips to employees and address any payroll inquiries.
• Compliance & Reporting:
  – Ensure adherence to labor laws, company policies, and payroll regulations.
  – Submit tax and benefits contributions to the relevant authorities within deadlines.
  – Assist in audits by providing payroll-related documentation.