Payroll Accountant Position

6 days ago


Hong Kong Island, Hong Kong SAR China Hong Kong International School Full time
Job Summary

The Hong Kong International School seeks a seasoned Payroll Accountant to oversee the payroll process, ensuring accurate and timely employee payments in compliance with relevant laws and regulations. This role requires strong analytical and organizational skills, proficiency in payroll software, and the ability to handle sensitive information confidentially.

Key Responsibilities
  1. Manage the complete payroll processing cycle, including regular and off-cycle payrolls, ensuring accuracy and timely delivery while maintaining confidentiality.
  2. Prepare reconciliations between employee contracts and payroll system data, addressing discrepancies or inquiries with Human Resources and other departments.
  3. Calculate payroll adjustments, timesheets, additional pay, and deductions, allocating insurance premiums accurately.
  4. Verify pay calculations, deductions, and adjustments through payroll data and reports, ensuring reconciliation and alignment with payroll inputs, payments, and policy.
  5. Maintain proper documentation of payroll-related accounting transactions.
Income Tax Returns Function
  1. Accurately maintain records for tax filings and statutory reports, adhering to payroll regulations, tax laws, employment legislation, and internal policies.
  2. Timely manage employer returns, including new hires, terminations, and annual filings, while coordinating Rental Reimbursement Claims for income tax reporting.
  3. Prepare Summary of annual benefits to employees for U.S. income tax purposes, serving as the primary point of contact for payroll and income tax related inquiries and issue resolution.
  4. Support income tax related workshops for internal stakeholders, collaborating with Human Resources on provident fund and pension contributions.
  5. Ensure accurate payroll data entry and allocation within the system, reflecting properly in the General Ledger.
Data Analytics and Reporting
  1. Assist with data analytics, audit activities, and management reports relating to payroll, staying updated with payroll best practices and industry trends.
  2. Collaborate with the team to streamline and automate payroll processes, enhancing efficiency and accuracy, recommending improvements in administrative procedures and internal controls on payroll.
  3. Support payroll system upgrades and enhancements, undertaking any other duties and functions required to positively impact and strengthen the organization.

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