Payroll Manager

Payroll Manager

Job Type: Permanent Specialist position

Location: Sandown, Gauteng

Posted: 19 Apr 2022 by Sasfin Holdings Limited

MAIN PURPOSE OF THE JOB

To manage the full function of Payroll for Sasfin Group, ensuring that all payroll payments and approvals are made in line with the Group policies and procedures.

KEY AREAS OF RESPONSIBILITY

• Processing all input for payroll including but not limited to; salary changes, medical aid changes, loading new employees, terminating employees, processing leave pay etc.
• Processing all ESS claims i.e. leave, cell claims, overtime etc.
• Processing payments e.g. bursaries, salary advances, month-end payments to third party benefit providers etc
• Maintain schedules of third-party payments processed by payroll, i.e. bursary payment schedule, recruitment agency fee schedule etc.
• Alert management regarding non-compliance to relevant policies, if applicable
• Analysing of medical aid, provident/pension and risk benefits statements to reconcile against figures/reports on the payroll system and submitting to the Benefit Administrators as required. Complete and check internal payroll reconciliations to ensure that the payroll was processed accurately
• Generating monthly payslips, variance reports and other applicable reports in order to check that the payroll was processed accurately.
• Ensure that all monthly payroll input is filed accordingly, together with the applicable reports to enable the HC BP to double check the payrun for the month.
• Booking time in advance in the HC BP’s diary, to check the payrun and approve salary payments
• Extracting and compiling of various payroll reports as required
• Uploading of Salary batch payments and capturing manual payments where necessary
• Preparing month-end reconciliations, reports and payments to SARS (PAYE/UIF/SDL), medical aid, provident/pension fund, risk benefits, garnishees, ITA88s, etc.
• Prepare various salary journals for submission to the Finance department
• Prepare various reconciliations for submission to the Finance department
• Liaising with the Healthcare department to ensure that new medical aid application forms and changes to medical aid plan, adding and removing dependents are processed on payroll accurately
• Ensure that all documents applicable to terminated employees such as provident/pension fund withdrawal/transfer forms are completed and sent to the Benefit Administrators
• Process fuel card report and send monthly fuel card statements to employees
• Order fuel cards for new qualifying employee and cancelling fuel cards for terminated employees
• Processing the cashbook on the excel template and sending to Finance for processing into Great Plains.
• Extracting GL file and sending to Finance for processing.
• Downloading UIF declarations
• Completing the applicable SARS documents such as EMP201, applying for tax directives when necessary etc.
• Calculating and paying quarterly commissions as required
• Paying annual retention payments, various bonuses, award payments and quarterly incentives.
• Filing of reports, payslips etc.
• Providing management and the Head: Human Capital with reports as required
• Preparing and issuing IRP5’s, sending reconciliations to SARS at tax year end
• Bi-annual and annual tax submissions
• Applying for tax directives timeously, and paying out any settlement amounts thereafter
• Processing annual COIDA payments
• Complete emolument documents when these are required for Executive Directors
• Providing prompt response to payroll queries from employees and managers
• Assist HC BPs with payroll queries, generating dummy payslips for prospective employees
• Complete and submit remuneration data to external parties, for remuneration exercises such as salary benchmarking
• Submit annual payroll data as required, for the Group’s integrated report and legislative reports such as the EE report and WSP/ATR report
• Prepare a monthly schedule for other members of the HC team, reflecting payroll details of current employees
• Ensuring success of various projects by actioning deliverables in terms of POPIA compliance, internal and external audit requirements, monthly audit investigations and actions, the payroll system upgrade and implementation
• Continuous compliance with the Group’s governance requirements such as risk incident mitigation, reporting and necessary operational process enhancement
• Knowledge sharing to the Payroll team, especially in terms of assisting the team in using the new 300 People system
• Contribute to the training of the Payroll Graduate
• Set up all payrolls across the Group to be uniform and consistent
• Enhance efficiencies in processes and reporting

Payroll Manager Skills/Personal Attributes Required

• A relevant payroll qualification
• High level of numerical accuracy
• At least five years payroll management experience, preferably in financial services
• Highly computer literate
• Sage VIP Payroll knowledge and experience is essential
• Sage 300 People knowledge and experience is essential
• ESS Knowledge
• Cashbook knowledge
• Basic Financial knowledge
• Willingness to share knowledge and explain processes in a way conducive to learning
• Good communication skills
• Excellent client service ethic
• Ability to work under pressure
• Deadline-driven
• Prompt response to payroll queries
• Must be able to apply one’s mind when processing employee data and payroll input
• Ability to work independently and to be self-managed
• Team player
• High level of attention to detail
• High level of honesty and integrity

Remuneration

Market related Cost to Company, based on qualification and experience

Interested applicants can forward their CV to [Email Address Removed] by no later than 22 April 20

• Shortlisted applicants will be required to undergo employment checks.
• Please consider your application unsuccessful if you have not received a response within two weeks of submission.

Desired Skills

• Payroll
• Payroll Manager
• Sage
• Sage VIP
• Payroll Administration
• GL
• ESS
• Sage 300
• Sage Payroll

Desired Work Experience

• 1 to 2 years Banking
• 5 to 10 years Payroll & Wages

Desired Qualification Level

• Diploma

About The Employer

Sasfin was established in 1951 as a textile trading business. This business was converted into a finance business in the 1960s. Sasfin listed as a trade and equipment financier on the JSE in 19

• Following the listing, Sasfin established SASP in 1991 – the oldest standing securitisation vehicle in South Africa. Following a number of small acquisitions and strong organic growth, Sasfin obtained a banking license in 19
• In 2000 Sasfin acquired Frankel Pollak Securities, which today forms the base of Sasfin Wealth. Sasfin continued to grow both organically and via further acquisitions and today comprises Sasfin Bank, Sasfin Wealth and Sasfin Capital. The Group offers a wide range of financial services and products to entrepreneurs and investors.

Payroll Manager Job Benefits

• Pension Fund
• Medical Aid
• Performance Bonus

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