AddressJob Req Number: 77792
Time Type: Full Time
The Payroll Accountant‘s mission is to maintain the payroll related items in the accounting books of one or more legal entities of the NEOM DSV JV group.
In addition to this, the General Ledger Accountant contributes to improving the position of KSSC within the NEOM DSV JV organisation.
Responsibilities:
- Take care of all aspects of payroll accounting for one or more legal entities.
- Ensure an accurate and timely monthly, quarterly and year end close with regards payroll related items and ensure that the monthly packs, journals, and recons have been prepared with the expected high standard of quality and accuracy.
- Prepare audit files necessary for an effective external audit or any other statutory audits which are necessary.
- Support budget and forecasting activities with regards to incentive provisions, holiday pay provisions and other standard payroll costs.
- Acquire knowledge and understanding of the NEOM DSV JV Accounting Manual, Policies and Employee Reporting guidelines.
- Maintains accounting controls by implementing and recommending policies and procedures.
- Maintain the month end checklists and ensure they are actioned.
- Prepare Balance Sheet reconciliations monthly for all payroll related balance sheet items (Holiday Pay, Social Costs, Incentives, Salary Distribution Account) and advise on any risks and/or opportunities and assess for any process improvements.
- Prepare and process all standard / routine payroll journals, interfaces, and adjustments prior to performing preliminary general ledger close.
- Ensure completeness and accuracy of payroll data files received from Payroll department.
- Ensuring reporting is done in compliance with employee reporting guidelines.
- Preparation and calculation of monthly FTE’s figures and headcounts
- Perform high level analytical review on staff movements and salaries per cost centre and comment on variances to budget and prior month/year.
- Prepare YTD payroll reconciliations to compare payroll data to payroll related general ledger journals processed.
- Prepare and process all accruals related to contract labour workers.
- Identify ways to align payroll processes for all business entities and maintain standardisation.
- Drive employee costs improvements with the business
- Review and maintain internal order numbers in line with staff movements every month.
- Review group charges listing back to employee lists and ensure group charges are managed by cancelling licences for employees who have left.
- Maintain rebill file of any intercompany resources which needs to be charged out and ensure monthly reporting on rebills.
- Prepare Incentive, sales commissions and holiday pay calculations and provide to Accounting Team to process once approval has been obtained from Managing Director.
- Maintain the payroll mapping file between the payroll system and the GL accounts.
- Liaise with actuaries on annual actuarial valuations if necessary.
- Perform ad-hoc tasks for Team Lead, Controllers and Senior Managers as and when required.
Educational Qualifications & Certifications:
- Bachelor’s degree in accounting or similar qualification.
- Knowledge of current accounting techniques.
- Minimum 3 years’ experience in a financial accounting or similar role.
- Previous experience in the accounting/payroll function for a Saudi or Middle Eastern Entity.
Competencies
- Advanced PC knowledge in Microsoft Office (Word/Excel)
- SAP knowledge is a strong asset.
- Team player.
- High attention to detail, accuracy, and good analytical skills.
- Be able to work well under pressure and deliver on deadlines.
- Good understanding of payroll processes and terminology.
- Possess good communication skills (verbal and written).
- Possess good interpersonal skills.
- Ability to identify and solve problems.
- Self-starter who will use own initiative.
- Controls and process focused.
- Ability to deal with changing circumstances.
- Excellent time management skills.
- Good understanding of the criteria for recognizing provisions relating to holiday pay, incentive and severance.
- Working knowledge of local tax and accounting regulations.
- Fluent in English.
Join us in shaping the legal landscape of DSV Saudi Arabia.
We look forward to receiving your application via the link below as soon as possible. We will process applications as we receive them.
DSV is an equal opportunity employer and values diversity in its workforce.
DSV – Global Transport and Logistics
DSV is a dynamic workplace that fosters inclusivity and diversity. We conduct our business with integrity, respecting different cultures and the dignity and rights of individuals. When you join DSV, you are working for one of the very best performing companies in the transport and logistics industry. You’ll join a talented team of approximately 75,000 employees in over 80 countries, working passionately to deliver great customer experiences and high-quality services. DSV aspires to lead the way towards a more sustainable future for our industry and are committed to trading on nature’s terms.
We promote collaboration and transparency and strive to attract, motivate and retain talented people in a culture of respect. If you are driven, talented and wish to be part of a progressive and versatile organisation, we’ll support you and your need to achieve your potential and forward your career.
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