Employment:
Full Time
Job Purpose:
Maintain financial records and information to ensure the timely and accurate preparation of statements and disbursement of payroll, pension, benefits, medical insurance, and other payments.
Principal Accountabilities:
– Responsible for the preparation, processing and checking of the payroll data, reconciling accounts receivables and payables related to staff benefits under the general direction of the Manager, HR Operations, ensuring timely and accurate disbursement of salaries to all employees through Cost / Profit Centres
– Prepare and process pension payments and timely submission to the Pension Authorities for UAE and GCC Nationals. Prepare yearly and monthly schedules for Regulatory Authorities for UAE and GCC nationals. Maintain good relationship with and coordinate with General Pension & Social Security Authority (GPSSA) regarding any inquiries raised
– Ensure that Payroll System is maintained according to HR Policies & Financial Accounting systems. Constantly work to improve the functionalities of HRMS and contribute in digitizing HR services and creating a paperless HR service delivery capability. Coordinate and execute projects related to process improvement such as system re-design, process re-engineering, records management, reporting system, etc. Conduct analysis of various HR processes and feedback to recommend changes to improve the effectiveness of its service delivery.
– Function as HR database expert for storage of candidates’ data and information. Utilize and analyse various HRMS reports to provide input for generating reports for Management Information purpose. Prepare reports, analysis, management information and annual budget plans. Prepare Terminal Benefits report on a quarterly basis. Report Employees on the move to Financial Control Department thus enabling them to post the Management Benefits through their respective Cost Centers.
– Manage end-to-end exit process and ensure that personal files are complete and closed for all exited employees. Maintain policies and procedures up-to-date and ensure that SLAs are met. Ensure that the system is working and manage enhancement whenever required.
– Collaborate with all stakeholders during the exit process including settling financial liabilities.
– Collaborate with Legal for the open court cases to ensure that the process SLAs are met.
– Maintain and apply strict level of confidentiality in all work related matters, to protect the Bank’s employees’ interest.
– Respond to staff inquiries and prepare concern letters as required.
– Collaborate with the Performance and Reward team as required during the budgeting, annual appraisal, and salary increment and bonus cycles.
Education and Experience:
– Graduate in Accounting / Finance discipline preferred.
– Knowledge of Oracle HRMS ( Fusion)
– Payroll experience is an advantage
– 4 – 5 years of relevant experience.
– Good command on English. Must be an Arabic speaker
In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.
By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.
Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.
Source: Job Posting - gulftalent.com
