Job Overview:The Associate Payroll Specialist utilizes existing Payroll procedures to solve routine or standard problems. They receive instruction, guidance, and direction from others within the team, and they will leverage their conceptual knowledge of theories, practices, and procedures related to Payroll and Finance.Essential Qualifications and Education:Bachelors degree in business, accounting, finance, or related fieldMinimum 6 years of work experience in payrollHigh standard of safe working practice, quality, and productivity, as well as compliance with the Code of Business ConductExtensive knowledge of all aspects of payroll processingAbility to perform gross to net calculations, able to reconcile taxes, able to resolve GL and Treasury issuesVery good communication skills, ability to multi-taskAbility to work as an individual contributor as well as a team playerAbility to adhere to strict deadlinesMaintain key competencies associated with the payroll processing functionCommunication and presentation skills, both written and spokenComputer literate in Microsoft programs: Excel, Word, PowerPoint, OutlookWhat you can expect from us:Eligible employees will be entitled to benefits including:Competitive SalariesIncome Protection InsuranceLife insurance14 weeks primary / 2 weeks secondary carer paid parental leaveCompetitive offshore and onshore allowancesRobust Talent and Organization Development programsAnnual Retention and Bonus Schemes for eligible employeesDiscounted gym membershipEducation Assistance ProgramFlexible Work ArrangementsSalary sacrificeNovated leasing optionsStrong Health and Safety CultureWellness Program and Employee Assistance programEducational and leadership development opportunitiesGreat culture and friendly supportive teamAt McDermott, we are committed to driving and promoting a diverse and inclusive work culture where people feel comfortable to be themselves. We welcome applications from Aboriginal and Torres Strait Islander people, women and encourage applications from Diverse backgrounds, people with differing abilities and LGBTIQ+ community members.Key Tasks and Responsibilities:Responsible for execution of assigned end to end Payroll activities, including processing of payroll, employee and statutory payments, payroll-related accounting, reporting, and complianceResponsible for administration of specifically assigned payroll-related activities to include timely and accurate vendor invoice processingAdhere to company policies and proceduresPromote a positive payroll team environmentPrepare Monthly General Ledger ReconciliationCheck and Analyze the Payroll AccountsUpdate time data and pay period adjustments in the payroll systemPayroll processing and verification of payroll calculations/paymentsCoordinate salary transfer to employees bank accountRespond to employees queries on payroll paymentsPrepare the final statement of terminated employeesComplete monthly reconciliation of payroll accountsCoordinate monthly deposit of withheld taxes and retirement benefits to respective authoritiesPrepare annual withholding taxed and retirement benefits returns and submit them to respective authoritiesRespond to payroll-related queries raised by accounting group/internal and external auditors #J-18808-Ljbffr
Job Title
Associate Payroll Specialist