HR Payroll & Compensation Officer

Job Description

Title: HR Payroll & Compensation Officer

Company Name: Mutual Trust Bank PLC

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors

• Candidates must have 4-year bachelor’s degree from a reputed institution. No 3rd division is allowed. BBA/MBA in Accounting/ Finance will be preferred.

• At least 5 years
• The applicants should have experience in the following business area(s): Banks

Designation: Officer - JAVP

• Candidate must have current or previous experience in HR Payroll.
• Processing, maintaining and updating Employees Salary, Bonus, Allowances, Incentives, Commission and other benefits.
• Having sound and update knowledge about Bangladesh Labour Law, NBR Regulations and Income Tax Ordinance.
• Issuance of Individual Tax Card, Calculating and publishing Investment Requirements along with updating AIT and individual Tax Rebate issues.
• Maintaining payroll system by designing, calculating and processing of data.
• Implementation, calculation and upgrading current Tax implications in relation to benefits and pay. Reporting to NBR under section 50, section 108 and section 108 (A).
• Plan, design and evaluate and modify benefits policies, processes, and practices to ensure that programs are current, competitive, and in compliance with legal requirements.
• Monitor salary structure and benefits, balance cost control in line with best compensation and benefits practices in the banking Industry.
• Compile statistical reports concerning personnel-related data, which also fulfill reporting requirements of relevant government rules and regulations.
• Assist to conduct annual salary and benefits survey.
• Develop, analyze and update HR annual budget.
• Assisting in merit matrix, broad-banding and other fringe benefits.