Payroll & Benefits Specialist

Payroll & Benefits Specialist
Career Level 3
Company: Munich Re Location: Johannesburg, South Africa
We are currently looking for a Payroll and Benefits Specialist reporting to the HR Services Manager. Being a member of a small team, you will be accountable for the Rewards and Benefits component of the people strategy.
Your Role:

Responsible for the monthly payroll and related tax processing activities (including expatriates)
Support the administration of all employee benefits (pension fund, short term insurance, funeral cover, retirement process, and Employee Assistance Programme)
Ensure compliance with all current payroll-related legislation
Manage internal monthly expatriate postings and reconciliations with the general ledger
Ensure that the creditors are accurately paid on time and reconciled accordingly
Manage the Mid-Year and Year-End Tax Reconciliation and Returns
Ensure monthly backups and updates are done timely on the internal HR system (Sage People 300)
Participate in the monthly onboarding of new employees
Support the Annual Company Bonus payout cycle and Salary Increase process
Administer the Pension fund including monthly reconciliation, claims, employee queries, and retiree support
Support all reporting related payroll requirements and audits as necessary
Partner and work collaboratively with the HR team to elevate the employee experience

Your Profile:

HR Degree / National Diploma in Payroll/Finance or related studies
Hands-on, strong functional knowledge and a minimum of 5 years in-house payroll operation experience
SAP accounting exposure and experience with reconciliation of salaries accounts
Proficient with Sage 300 People (essential)
Advanced Microsoft Excel skills
Knowledge of best practices around salaries and payroll topics, policies, and procedures
PAYE knowledge is essential
GRP qualification is advantageous

At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives, and thought. This interaction is our foundation, of our open culture and spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. At the center of this interaction is each of us.
Apply now!

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