Officer, Payroll

Date:  5 Sep 2024
Location: 

Riyadh, SA

Company:  Olayan Saudi Holding Co
Department:  Human Capital Management
Sub Department:  Human Capital Management - HR Generalist / Employe
Number of Openings:  1

Role Purpose

 

Managing all responsibilities related to payroll processing, include calculating employees’ compensation, social security, payments, and deductions, updating internal payroll databases and ensuring timely payments.

Job Accountabilities & Activities

 

Payroll processing:
•    Ensuring all payroll transactions are processed efficiently.
•    Collecting, calculating, and entering data to maintain and update payroll information.
•    Compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages and reporting on this.
•    Resolving payroll discrepancies.
•    Maintaining payroll operations by following policies and procedures.
•    Developing ad hoc financial and operational reporting as needed.

GOSI calculation and reporting:
•    Determining payroll liabilities by calculating employee federal and state income, social security taxes, employer's social security, unemployment, and workers compensation payments.
•    Verify calculation of GOSI subscription and ensure payments are made on time
•    Update GOSI salary information.
•    Stay abreast with Saudi Labor Law and GOSI regulations. Advise on possible impact of changes to company HR policies.
 

Education & Certifications

 

Bachelor’s degree – Finance, Human Resources.

Required Years of Experience

 

 5-7 Years’ experience in a payroll background.