Payroll Officer/Executive

Job Description

Title: Payroll Officer/Executive

Company Name: A 100% Export Oriented Garments Company

Vacancy: 1

Job Location: Dhaka (Savar)

Employment Status: Full-time

Educational Requirements:
∎ Master of Commerce (MCom)
∎ University of Dhaka,American International University Bangladesh,Northern University Bangladesh students will get preference

Experience Requirements:
∎ 3 to 5 year(s)

Job Responsibilities:
∎ Utilize payroll software to process and generate payroll for all employees by the designated payroll schedule.
∎ Collect and verify daily, weekly, or monthly timesheets from various departments.
∎ Calculate bonuses, allowances, overtime, and other compensation components accurately.
∎ Make sure daily individual OT hours is okay with management given approval of every section. Fraction of OT hours and discrepancy should be highlighted to management.
∎ Ensure compliance with all legal and regulatory requirements for payroll processing.
∎ Schedule and coordinate bank payments or distribute physical paychecks to employees promptly.
∎ Provide payment statements and collect signed receipts, maintaining both digital and physical records.
∎ Provide wages and others financial statement accurately to concern department within required timeline.
∎ Maintain accurate payroll records and generate reports on payroll expenses for management review.
∎ Ensure wages, tax withholdings, and other deductions comply with applicable laws and company policies.
∎ Enter and update employee data in internal databases, including bank account details, tax identification numbers, and other relevant information.
∎ Address employee inquiries and concerns related to compensation, benefits, taxes, and deductions in a timely and professional manner.
∎ Provide necessary payroll-related audit documents as per industry and regulatory standards.
∎ Collaborate with management to implement cost effective initiatives within the payroll process.
∎ Customize and adapt existing payroll software as needed to meet the company's evolving requirements.

Additional Requirements:
∎ Age 28 to 38 years
∎ Only males are allowed to apply
∎ Proven work experience as a Payroll officer, Payroll Clerk or a similar role.
∎ Hands on experience with Human Resource Information System and accounting software.
∎ Strong mathematical skills with an acute ability to identify and rectify numerical errors.
∎ Good knowledge of labor legislation, including understanding relevant regulations and compliance.
∎ Excellent time - management skills to meet payroll processing deadlines.
∎ Ability to handle confidential and sensitive employee information with discretion and professionalism.
∎ Have experienced to face audit.

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Job Source: Online Job Posting.

Application Deadline: 14 Oct 2023

Company Information:
∎ 28 Sep 2023
∎ A 100% Export Oriented Garments Company
∎ Business : The company is one of the leading 100% export oriented apparel manufacturing company in Bangladesh with a reputation of quality, reliability and unparalleled customer service. Since its established in 2010, it has gained tremendous growth for its performance, capacity and commitment towards customers.

Category: Garments/Textile

: We are a 100% export oriented Knit Garments Manufacturer, looking for the post of "Payroll Officer ". The incumbent must be energetic & possess an enthusiastic personality with self-driven competency for taking challenges


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