senior Payroll specialistLMD

LMD is seeking experienced Senior Payroll Specialist to join our team. The ideal candidate should have hands-on experience in payroll computation and administration, with a strong understanding of local labor laws and regulations related to government agency remittances and benefits computation.
Key Responsibilities:
Calculate and process payroll for employees, including regular wages, overtime, bonuses, commissions, and deductions in compliance with company policies and legal requirements.
Compute government-mandated benefits such as maternity leave, paternity leave, and other statutory contributions, ensuring compliance with applicable regulations.
Handle the accurate and timely remittance of Social Security System (SSS), Philippine Health Insurance Corporation (PhilHealth), and Home Development Mutual Fund (HDMF) contributions.
Calculate and process final pay for resigned or terminated employees, including any accrued benefits, unused leaves, and other entitlements.
Prepare and process annualization of compensation for tax purposes, considering exemptions, deductions, and any other relevant factors.
Prepare and file payroll tax reports and returns, including but not limited to BIR Forms No. 2316, 1601C, 1604C (including Alphalist).
Analyze and reconstruct historical payroll data as needed, ensuring accuracy and completeness of records.
Ensure proper documentation and record-keeping of payroll processes and transactions.
Serve as the primary contact for government agencies regarding payroll matters, addressing issues, providing necessary documentation, and ensuring compliance with regulations.
Maintain up-to-date knowledge of labor laws, tax regulations, and other relevant legislation, and ensure that all payroll practices are in compliance with these regulations.
Continuously evaluate and streamline payroll processes to enhance efficiency, accuracy, and compliance.
Address inquiries related to payroll, tax withholdings, deductions, and earnings from employees.
Collaborate with HR, accounting, and finance departments to ensure seamless integration of payroll-related data.
Lead and manage payroll staff, providing guidance, training, and support to ensure efficient and effective payroll operations.
Qualifications:
Bachelor's degree in Human Resources, Accounting, Finance, Business Administration, or a related field.
At least 3 to 5 years experience in payroll processing and administration
Strong understanding of Philippine labor laws, regulations, and tax requirements related to payroll and benefits.
Proficiency in using payroll software and systems.
Strong communication skills, both written and verbal.
Experience working with confidential information and maintain a high level of professionalism.
Strong problem-solving skills and keen attention to details.
Certification in payroll processing (e.g., Certified Payroll Professional) is a plus.
What is it for you?
Performance Bonus twice every year!
We pay for your one-time flight ticket to Manila (for successful applicants outside Metro Manila)
Feel secure with your HMO upon regularization
Young and fun environment
Annual budget for external learning and development!
Summary of role requirements:
Looking for candidates available to work on weekdays
2-3 years of relevant work experience required for this role
Working rights required for this role