Compensation and Accounts Payable Specialist

  • Metro Manila
  • Permanent
  • Full-time
  • 1 month ago
Position Overview This role is part of the Global Accounts Payable / Payroll team, is responsible for managing payroll and employee benefits administration, while also supporting accounts payable functions . This dual-role ensures accurate and timely payroll processing, benefits compliance, and efficient handling of vendor payments and expense management. Key Responsibilities 1. Time-keeping and Payroll Processing Oversee payroll processing through a third-party provider, ensuring accuracy and compliance. Prepares payroll advice (adhoc transactions aside from usual payroll), including approved expense claim and reimbursement Oversees time-keeping and ensures everyone follows cut off period Manage Payroll & benefits tickets and ensures closure within agreed TAT Ensure timely salary disbursements, deductions, and tax compliance. Prepares requirements for audits and external reviews regarding payroll and benefits. Prepares 1601 C, BIR 2316 and annualization Recording of accounting entries related to payroll 2. Employee Benefits Administration Implement approved discretionary benefits programs, including 3rd party vendors for health insurance, retirement plans, leave policies and other benefits where payroll may be affected. Ensures compliance and payment with all mandatory contributions Communicate benefits offerings to employees and address inquiries regarding eligibility, claims, and enrollment. Ensure adherence to labor laws, tax regulations, and industry standards related to compensation and benefits. Ensures adherence to pre-agreed C&B policies Prepares requirements for audits and external reviews regarding payroll and benefits. On-boarding new employees only on the payroll system 3. Off - boarding Oversee requirements for resigned employees Ensures release of final pay computation, quit claim and clearance. File related documents in e-201 4. Accounts Payable Process vendor invoices, ensuring accuracy, proper coding, and timely approvals. Maintain vendor records and ensure compliance with company procurement and payment policies. Assist the team to prepare payment runs and reconcile AP transactions with bank statements when required. Monitor aging reports and follow up on outstanding payables. Assist in month-end closing activities related to AP, including accruals and reconciliations. Support audits by providing documentation and explanations related to AP transactions. Collaborate with procurement and other departments to resolve invoice discrepancies and ensure smooth payment cycles. Key Qualifications 1. Education & Experience Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. With at least 5 years senior experience in benefits administration and payroll management Proven experience working with third-party payroll providers and benefits vendors. Experience using Sprout payroll system will be an advantage. Strong understanding of payroll processes, tax regulations, and labor laws. With experience in compensation and benefits software 2. Skills Advanced skills in Microsoft Excel, data reporting, and financial analysis. Excellent verbal and written communication skills for explaining C&B policies to employees. Strong negotiation skills when dealing with benefits providers and external vendors. Ability to collaborate with HR, finance teams, and senior leadership to align compensation strategies with company goals. High attention to detail in payroll processing, benefits administration, and data reporting. Ability to handle sensitive employee data with confidentiality and professionalism. Show more Show less

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