Executive/ Sr. Executive - Compensation & Benefit (Payroll)

Job Description

Title: Executive/ Sr. Executive - Compensation & Benefit (Payroll)

Company Name: Liz Fashion Industry Ltd.

Vacancy: --

Age: At least 28 years

Job Location: Gazipur

Salary: Negotiable

Experience:

• 3 to 7 years
• The applicants should have experience in the following business area(s): Garments, Textile

• Bachelor degree in any discipline

• 3 to 7 years
• The applicants should have experience in the following business area(s): Garments, Textile

• Age At least 28 years
• Only Male

• 3-7 years of experience in Payroll, Compensation & Benefits, and Employee Tax Management. Proven experience managing compensation & benefits for multiple business units.

• Advanced proficiency in MS Excel and experience with payroll software must.

• Strong working knowledge of Bangladesh labor laws and statutory compliance.

• Strong Numerical & Analytical Ability.

• Deep Knowledge and Understanding on Factory Payroll System.

• Processes company`s payroll every pay period.

• Prepare monthly payroll sheets, salary registers, MIS reports, and management reports.

• Responsible to Keep the Payroll System Always Up to Date.

• Maintains payroll processing system and records by gathering, calculating, and inputting data.

• Answers staff questions about wages, deductions, attendance, and time records.

• Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system.

• Receives and coordinates requests for leave and other absences.

• Adheres to payroll policies and procedures and complies with relevant law.

• Identifies, investigates, and resolves discrepancies in time sheet and payroll records.

• Honors confidentiality of employees` pay records. Receive approval from upper management for payments when needed.

• Prepare Various Daily, Weekly or Monthly Reports (Headcount, Manpower Movement, Working Hour, Line Transfer, Incentive, Tiffin Order Sheet, Night shift Report, etc.

• Performs the distribution of salaries through issuance of paper checks or direct transfers to employees` bank accounts.

• Coordinate with Finance & Accounts Department from time to time for tax disbursement, tax challan collection, final settlement of outgoing employees etc.

• Carry out the responsibilities as assigned by the management.

• Mobile bill,Provident fund
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2