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Payroll/Compensation & Benefits Officer

3.00 to 5.00 Years   Al Kuwait, Kuwait   18 Jun, 2021
Job LocationAl Kuwait, Kuwait
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

Job Purpose:To support the organization by managing the payroll and benefits system and ensuring compliance with Company policies and procedures? To handle employee payroll enquiries in accurate manner.? To coordinate with Departments, Divisions, Projects on payroll related issues as per Company policy and procedures.? To provide internal advice to the payroll section regarding routine payroll matters.? To regularly update, compile and maintain Payroll logs and reports for Chief Accountant and Management.? Analyzing competitors pay and reward and strategies to ensure theirs are competitive? Implement appropriate payroll processes and controls to ensure completeness and accuracy of all payroll related activities;? Ensure payroll is administered in accordance with general accounting principles? Review timecard reports and payroll summaries for accuracy and completeness; initiate corrective action, as required;? Perform manual calculations for leaves of absence, retro pay increments, temporary wage, benefits, and adjustments that impact pay;? Process employee changes in the system including but not limited to new hires, termination, exemptions, group benefit coverage.? Escalate discrepancies in salary, leave entitlements, and take corrective action in resolving system navigation problems and other payroll system-generated discrepancies;? Conduct year-end audits, reconciliations, and preparations related to all payroll;? Responsible for external market compensation benchmarking surveys- participation, analysis and action planning;? Research, analyze and develop competitive market benchmarking for compensation structures for various Business Units using compensation reports and other data sources.

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