Announced
06/08/20246 Aug, 2024
Job Status
Full Time
Job Type
Employee
Expiration Date
06/12/2024 11 days left
Salary
AED183,651 - AED183,651 per year (AED)
Reference Number
JN-062024-6468285
Job Title
Payroll and Treasury Officer - BahrainJob Presentation
We are partnering with a prestigious government consulting firm. They specialize in empowering governments-from central agencies to ministries and public enterprises-to design, manage, and implement impactful programs that benefit the global community.
Payroll (for over 150 employees across multiple locations):
- Manage all aspects of payroll, ensuring timely and accurate payments across five countries.
- Oversee pension and tax reconciliations on a regular basis.
- Collaborate effectively with payroll service providers to maintain smooth operations and address any issues.
- Ensure compliance with payroll regulations for both employers and employees.
- Maintain accurate payroll records and prepare financial reports.
- Provide support to HR on employee data management, including handling new hires, terminations, and changes in compensation.
- Develop user-friendly templates to streamline payroll processes.
- Calculate and process end-of-service benefits and other termination payments.
- Implement and maintain strong payroll policies and controls to safeguard data integrity.
- Identify opportunities for improvement and automation within the payroll system.
- Lead or contribute to the implementation of payroll-related projects and initiatives.
Treasury:
- Act as a liaison with banks to resolve any banking issues and ensure smooth transactions.
- Monitor account balances across various currencies and ensure sufficient funds for payroll needs.
- Reconcile bank accounts regularly to identify and address discrepancies.
- Review and record bank charges accurately.
- Obtain necessary transaction details and documentation for the finance team.
- Manage and track bank guarantees within the GCC region.
- Work with the Accounts Payable team to upload payment instructions to banking systems.
- Prepare monthly bank reconciliations for approval by the Head of Finance.
- Generate bi-weekly short-term cash flow forecasts.
- Manage currency requirements and request forex funding as needed.
- Reconcile individual corporate credit cards monthly and investigate any discrepancies.
Other:
- Assist the team with various non-routine general accounting tasks on a monthly basis.
- Lead or participate in the selection and implementation of a new payroll system that seamlessly integrates with the existing HR platform.
Preferred Experience:
- Payroll Expertise: 4-6 years of payroll experience following qualification, ideally gained in a multinational company with some exposure to the Middle East market.
- Industry Knowledge: Experience within the professional services industry is a valuable asset.
- Communication and Organization: You possess excellent communication skills and the ability to effectively plan and prioritize tasks and projects.
- Composure and Adaptability: You can remain calm under pressure and manage multiple deadlines efficiently.
- Teamwork: You are a strong team player who is both dedicated and flexible.
Essential Skills and Attributes:
- Unwavering Integrity and Discretion: You possess the highest ethical standards and maintain strict confidentiality.
- Positive and Proactive Mindset: You bring a can-do attitude and enthusiasm to the team.
- Strong Work Ethic: You are self-assured, energetic, and demonstrate initiative, resourcefulness, and patience.
JOB BY
Michael Page
Office No.202, Al Fattan Currency House Tower -1, Dubai International Financial Centre (DIFC), PO Box 506702
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+971 4 709 0300
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