Accounting and Payroll Specialist | Boston Consulting Group
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Accounting and Payroll Specialist”.
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| Company Name | Boston Consulting Group |
Job Requirements and Benefits:-
| Qualification | Masters Degree | Bachelors Degree |
| Experience | 2 – 4 years of Relevant Experience Required |
| Monthly Salary | 4,000 AED – 6,000 AED |
| Employment Type | Part Time | Permanent |
| Company Size | 100 – 500 Employees |
| Benefits | Medical Insurance | Performance-based Increments |
| Location | Dubai |
About the job
What You’ll Do
You will be part of the Finance team responsible for managing all payroll procedures for BCG Middle East across three countries (UAE, KSA and Qatar). You will play an integral role in ensuring all transactions are timely and accurate in accordance with BCG policies and procedures, and in compliance with statutory regulations while also providing a high level of customer service to internal and external customers and governmental agencies.
Your responsibilities include:
Processing monthly payroll and adhoc compensation payments (e.g., bonuses)
- Processing payments using internal systems: Workday, Ramco, and Oracle as well as the online banking system
- Verifying and sending out monthly pay slips
- Ensuring all payments, including relocation allowance, sign on bonus etc. are made on a timely basis
- Liaising with United States payroll team to facilitate deductions and payments of US Social Security Taxes and issuance of W-2
- Calculation and coordination of final settlement payments to leavers
Payroll accounting and controls
- Preparing and processing monthly payroll journals for the monthly financial close; liaising with regional office to post regional payroll journals
- Updating the month end balance sheet reconciliations, investigating any reconciling items
- Maintaining the payroll system and performing the following reconciliations to ensure integrity of the payroll systems and information:
- Payroll general ledger accounts, bank accounts – making appropriate corrections if necessary
- Payroll system by auditing and performing monthly reconciliations to the Workday system
- Auditing payroll system input and output prior to transmission
- Calculating deductions for UAE Pension, GOSI and US Social Security Taxes
- Issuing Intercompany payroll invoices
- Payroll administration i.e., general filing, setting up new joiner files, coordinating all documentation to support payroll changes.
Ad hoc tasks
- Handling compensation related queries from banks and employees in a timely and accurate manner
- Issuing salary letters
- Supporting audit requests
- Other ad hoc tasks as required
YOU’RE GOOD AT
- You have an eye for detail and a habit of keeping track of what’s going on around you
- You are highly capable in demonstrating a broad working knowledge of your primary function and leverage your past experiences to take on new projects and work as directed
- You are an increasingly independent contributor, including when faced with missing information
- You are great at interacting with internal and external stakeholders across functions and networks outside of your own area. You can influence results over your core areas of responsibility.
- You can solve non-routine problems by choosing and developing alternatives. You are also strong in thinking outside the box and proposing solutions in your area of responsibility
- You are a credible point of contact on Finance matters and the changing requirements of the business
- Organization skills: ability to handle competing priorities effectively
- You have a strong ability to work under pressure.
- You are results driven and self-motivated.
- Demonstrated leadership and/or customer service experience. You’re highly responsive with strong interpersonal and communication skills.
You Bring (experience & Qualifications)
- Bachelor’s degree in Accounting plus 5 years relevant experience; experience at a professional services firm and/or payroll experience is preferred
- Experience using Oracle General Ledger preferred
- Strong knowledge of the principles, procedures, and practices of general accounting
- Advanced level computer skills; Word, Excel, PowerPoint, Outlook
- Strong communication skills; fluency in English
- Ability to respect all BCG information as personal and confidential
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