Payroll and Treasury Officer

Michael Page

Bahrain

Ref: HP350-8007

Job description / Role

Job Type
Full Time
Job Location
Bahrain
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Management Consulting

Launch your career with a distinguished government advisory firm! As a Payroll and Treasury Officer, you'll be an integral part of the Finance team, ensuring the smooth operation of payroll, banking, and general accounting for the firm.

Client Details

We are partnering with a prestigious government consulting firm. They specialize in empowering governments-from central agencies to ministries and public enterprises-to design, manage, and implement impactful programs that benefit the global community.

Description

Payroll (for over 150 employees across multiple locations):

* Manage all aspects of payroll, ensuring timely and accurate payments across five countries.
* Oversee pension and tax reconciliations on a regular basis.
* Collaborate effectively with payroll service providers to maintain smooth operations and address any issues.
* Ensure compliance with payroll regulations for both employers and employees.
* Maintain accurate payroll records and prepare financial reports.
* Provide support to HR on employee data management, including handling new hires, terminations, and changes in compensation.
* Develop user-friendly templates to streamline payroll processes.
* Calculate and process end-of-service benefits and other termination payments.
* Implement and maintain strong payroll policies and controls to safeguard data integrity.
* Identify opportunities for improvement and automation within the payroll system.
* Lead or contribute to the implementation of payroll-related projects and initiatives.

Treasury:

* Act as a liaison with banks to resolve any banking issues and ensure smooth transactions.
* Monitor account balances across various currencies and ensure sufficient funds for payroll needs.
* Reconcile bank accounts regularly to identify and address discrepancies.
* Review and record bank charges accurately.
* Obtain necessary transaction details and documentation for the finance team.
* Manage and track bank guarantees within the GCC region.
* Work with the Accounts Payable team to upload payment instructions to banking systems.
* Prepare monthly bank reconciliations for approval by the Head of Finance.
* Generate bi-weekly short-term cash flow forecasts.
* Manage currency requirements and request forex funding as needed.
* Reconcile individual corporate credit cards monthly and investigate any discrepancies.

Other:

* Assist the team with various non-routine general accounting tasks on a monthly basis.
* Lead or participate in the selection and implementation of a new payroll system that seamlessly integrates with the existing HR platform.

Job Offer

The compensation package is tailored to your experience and qualifications. You can expect a base salary along with a generous bonus program.

Requirements:

Preferred Experience:

* Payroll Expertise: 4-6 years of payroll experience following qualification, ideally gained in a multinational company with some exposure to the Middle East market.
* Industry Knowledge: Experience within the professional services industry is a valuable asset.
* Communication and Organization: You possess excellent communication skills and the ability to effectively plan and prioritize tasks and projects.
* Composure and Adaptability: You can remain calm under pressure and manage multiple deadlines efficiently.
* Teamwork: You are a strong team player who is both dedicated and flexible.

Essential Skills and Attributes:

* Unwavering Integrity and Discretion: You possess the highest ethical standards and maintain strict confidentiality.
* Positive and Proactive Mindset: You bring a can-do attitude and enthusiasm to the team.
* Strong Work Ethic: You are self-assured, energetic, and demonstrate initiative, resourcefulness, and patience.

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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