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Let our industry specialists listen to your aspirations and present your story to the most esteemed organisations in the Africa, as we collaborate to write the next chapter of your successful career.
We understand that no two organisations are the same. Find out more about how we've customised our recruitment offerings to help clients meet their needs.
A reputable asset management firm, is seeking a Payroll Accountant to join their team in Johannesburg. This role encompasses a diverse array of responsibilities ranging from bookkeeping to payroll preparation, reflecting the company's commitment to efficient financial management and compliance with regulations.
As the Accountant, you will oversee payroll and bookkeeping tasks, ensuring precision, promptness, and adherence to regulations. Responsibilities include managing payroll systems, updating records, and liaising with third-party providers. Additionally, the role involves handling HR agreements, financial statements, and collaborating with the HR, CFO, and Group Finance teams to enhance overall financial operations and foster professional growth. With a focus on alternative asset investments and a dedicated team offers an exciting environment for career development. Success will be gauged by accurate payroll processing, regulatory compliance, effective HR and financial management, and productive collaboration with stakeholders.
Key qualifications and experience for the Payroll Accountant:
Minimum bachelor’s degree in Finance / Accounting
5+ years relevant experience
Track record of bookkeeping and accounting (essential)
Understanding of SA Tax (essential)
Accounting background (essential)
Sage payroll system (advantageous)
Payroll certification (advantageous)
HR/Payroll experience (advantageous)
Highly integrous and professional maturity - NB
Key duties for the Payroll Accountant include but are not limited to the following:
Oversee the upkeep of systems to facilitate accurate processing of payroll transactions, encompassing salaries, benefits, taxes, and deductions to meet strict deadlines.
Manage the timely and precise processing of payroll updates, paying strict attention to detail and compliance with relevant policies and procedures.
Compile and manage comprehensive records and reports documenting all transactions.
Maintain accurate employee data, tracking hours worked, and ensuring compliance with regulatory requirements for record-keeping.
Stay abreast of and adhere to payroll laws and regulations across all jurisdictions where the organisation operates.
Monitor changes in legislation, implementing necessary adjustments to processes, and ensuring adherence to best practices in administration.
Coordinate with third-party service providers to ensure compliance and consistency in payroll operations across multiple international jurisdictions.
Develop and assess budgets and forecasts related to payroll expenditures, ensuring alignment with organisational goals and financial targets.
Tracking leave balances, processing leave requests, and ensuring compliance with company policies and applicable regulations.
Investigate discrepancies, provide clarifications on payroll processes, and offer timely solutions to ensure payroll accuracy and employee satisfaction.
Oversee the implementation and management of staff incentive schemes, including maintaining accurate records and ensuring compliance with company policies.
Maintain detailed financial records related to staff incentive schemes, ensuring transparency and accuracy in financial reporting.
Facilitate the process of distributing funds to eligible beneficiaries of staff incentive schemes.
Compile monthly management accounts and annual financial statements in accordance with IFRS
Prepare and file income tax returns accurately and on time, ensuring compliance with tax regulations and maximising tax efficiency for the organisation.
Generate annual reports for beneficiaries of staff incentive schemes, including tax reporting requirements, to ensure transparency and compliance with legal obligations.
Coordinate and manage the annual audit process, liaising with auditors and providing necessary documentation and support to ensure a smooth and efficient audit.
In summary, main duties will include: bookkeeping, management accounts, draws/distributions administration, payroll preparation, financial statements preparation, staff reporting, debt covenant preparation and reporting, tax computations and beneficiary certs, leave administration, staff info requests and medical aid administration.
Key personal skills:
High integrity and professional maturity
Absolute confidentiality of personal and private information
Diligence and firmness with high ethical standards
For this newly created role within the organisation, the client is looking for a reliable, committed candidate who they can invest in, and for a candidate who is looking for stability, growth, and longevity.
If you are passionate about a hybrid role in finance with a HR flair, and have experience in payroll accounting and compliance, then please get in touch to learn more about this exciting opportunity.
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