Payroll Analyst (Temporary for 3 months)

Purpose

Work closely with the Head of Payroll Services and the Payroll Services team in all matters payroll-related across the group.

Responsibilities

1. Assume full ownership of new employee data; ensure it is accurate (bank account number, medical insurance deductions, social insurance, and employee fund deductions) and appropriately set up on the HRIS.

2. Update payroll records with all employee changes such as exemptions, transfers, and resignations.

3. Gather all relevant financial data (deductions, overtime, etc.) on a monthly basis from the various departments (Finance, Administration, etc.) to allow for the timely and accurate processing of payroll.

4. Collect the non-officers overtime sheet from the Administration department and calculate dues accordingly.

5. Review tax calculations where applicable and ensure that accurate deductions are applied to employees.

6. Work closely with international payroll processors, reviewing their submissions to ensure accurate calculations and statutory remittances.

7. Assist in calculating and settling end of service dues for departing employees in line with each country's regulations.

8. Follow up on the transfer of salaries to the bank and solve any issues.

9. Assist in generating accurate and informative reports (regular and on-demand). Work with the team on developing solid interpretations of the numbers on a monthly basis.

10. Answer any pay related inquiries in relation to taxes, social insurance deductions, etc.

11. Assist the Head of Payroll Services and the team in providing internal and external auditors with speedy, accurate reports.

12. Contribute insightful analysis of payroll trends to the monthly HR Updates publication produced by the team.

13. Work closely with the Head of Payroll Services, Reward and the HR team as a whole during the annual budgeting exercise, producing helpful templates and guidelines and consolidating all the data received in an easy to understand, easy to use manner.

14. Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.

15. Ensure timely completion of all relevant AML/CTF training provided by the Group.

16. Ensure response to AML, CTF & sanctions inquiries in a timely manner.

Requirements

1. Bachelor's degree in Accounting. Formal HR qualification is a plus.

2. 0-2 years experience in regional payroll processing in the financial industry.

3. For those with work experience: good knowledge of labour laws, tax income and social insurance rules and regulations in Egypt is a must and other EFG Hermes operating countries is a plus.

4. Ambitious, career oriented, highly numerate individual who enjoys working with numbers.

5. Loves Excel; knows how to build intuitive workbooks and sheets, pivot tables, and utilize all the application has to offer that will make their work seamless. Knowledge of Power BI and/or Tableau: a clear plus.

6. Proficient user of Microsoft Word and PowerPoint.

7. Good presentation skills; capable of translating numbers into meaningful analysis that can be used in data driven decision making

8. Excellent organizational and time management skills.

9. Multi-tasker, with the ability to meet changing deadlines and support multiple parties simultaneously.

10. Very good command of English and Arabic.

11. Good communication skills (written, verbal and listening).

12. Able to build partnerships and work well in teams.

13. Can identify problems and refer/escalate complex issues to a higher level.

14. Flexible in taking on new tasks.

15. Ensure deliverable are always of a high quality.

Any other tasks required within the general scope of the department.

Thank you for your interest in applying to EFG Hermes. Due to the high volume of applications/interest, please note that we are only able to respond directly to applicants that are shortlisted for interviews.