Payroll Manager
Cape Town, Western Cape
Posted 4 days ago
- Company:
- Integration Resourcing
- Company Description:
- We effortlessly integrate your recruitment process, efficiently and professionally: Managing a detailed Research and Search process Strategising and implementing on-line, print and social media recruitment advertising Preparation and facilitation of the interview process Handling the administrative back-end, such as response management, verification checking, reference checking and all candidate liaison
- Contract Type:
- Full Time
- Experience Required:
- 5 to 10 years
- Education Level:
- Grade 12
- Number of vacancies:
- 1
Job Description
Our Client is a market leader in the FMCG sector
Based at their Head Office in CT, the Payroll Manager will be responsible for all aspects pertaining to Remuneration & Benefits for the organisation.
KEY RESPONSIBILITIES
Remuneration Strategy and Policy Development:
• Design competitive salary structures and incentive programs aligned with the organization's strategic goals.
• Develop and implement remuneration policies, ensuring compliance with labor legislation
Payroll Management and statutory reporting
• Manage the payroll towards the delivery of accurate and timeous payment of salaries and oversee the accurate processing of all payroll transactions.
• Managing payroll inputs and calculations including allowances, bonuses, overtime etc.
• Oversee processing of payroll changes and system upgrades
• Monthly review of end to end time and attendance compliance and reporting which includes absence, overtime, and interface into SAP.
• Prepare monthly and annual statistical and regulatory reporting for the
• Develop and review standard operating procedures for payroll processes and ensure that standard controls are in place and adhered to.
• Responsible for the identification of any payroll risks
Benefits Management
• Manage the monetary and non-monetary employee benefits offering
• Serves as a point of contact and resolution for employee queries.
• Owns the relationship with benefits provider and serves as internal champion for employee benefit related enquiries and management.
• Conduct benchmarking to ensure the organization remains competitive in the market.
Data Analysis and Reporting:
• Analyze compensation trends and prepare reports for management on the effectiveness of remuneration strategies.
• Monitor key metrics such as turnover rates linked to compensation satisfaction
• Preparation of data files for the review of annual increases, including individual increase letters once finalised.
• Develop and maintain both system and non-system generated reporting enabling HR and line managers to determine trends in the labour environment.
• Conducts regular analysis and interpretation of HR data extracted.
Remuneration and Employee Data Management / Custodian
• Facilitate and manage job grading, evaluations, and classifications aligned to industry compensation structures.
• Preparation of offers and contracts in alignment with internal and external remuneration benchmarking.
• Oversee the overall integrity and maintenance of all employees, contractor, and organisational data.
Employee Engagement:
• Conduct employee satisfaction surveys to assess the effectiveness of compensation programs.
• Provide education and training to employees on available benefits and policies.
QUALIFICATIONS AND EXPERIENCE
Bachelor’s degree in Human Resources Management, Organizational Psychology, Finance, or a related field (NQF Level 7).
Advanced certifications such as SARA Reward Specialist or GRP certification are advantageous.
Minimum of 6 years in a remuneration or benefits management /senior specialist role.
Advanced end to end payroll management and administration experience payroll systems aligned to business banking
Strong knowledge and understanding of relevant legislation and regulations
In depth knowledge of statutory and discretionary payroll deductions and PAYE calculations
A competent understanding of incentive scheme design would be advantageous.
Excellent working knowledge of remuneration benchmarking
A sound understanding of the full spectrum of Human Resources, including policies and procedures
SKILLS AND COMPETENCIES
Strong analytical skills for data interpretation and decision-making is essential.
Accuracy and strong attention to detail is essential in capturing and reporting on HR metrics for both management and regulatory reporting.
Strong commercial acumen with a thorough understanding of financial transactions, particularly as it relates to payroll and budgeting
Proficiency in HRIS and payroll software.
Excellent interpersonal skills for employee engagement