Job description / Role
Line of Service
Internal Firm Services
IFS - Finance
Job Description & Summary
A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You'll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.
The ME Payroll Team is a key part of the PwC ME Finance function with responsibility for the payroll activities of the 12 territories in the PwC ME network.
The Job Holder is a senior member of the Team providing oversight and management to ensure all regional payroll activities are completed on time and according to approved processes.
The Job Holder is responsible for the end to end payroll process ensuring the smooth delivery, and continuous improvement, of day to day activities relating to the payment of salaries, benefits and allowances, disbursements, final settlements, statutory obligations such as pension, social security and taxes and the accounting of all transactions in a timely manner.
Adherence to PwC approved accounting principles, established policies and procedures, departmental guidelines, ME Labour laws and regulatory requirements is an important function of this position.
The Job Holder may be required to travel across the ME Region if required by the business.
- Ensure that all employees are paid in a timely and accurate manner in line with Finance KPI's
- Ensure that employee queries on payroll related matters are responded to in line with agreed SLA's
- Communicate key changes to policy, procedures, important payroll dates to the wider business and key stakeholders
- Support all lines of service with required financial information subject to confidentiality
- Provide staff with confidence by ensuring confidentiality of payroll data
- Work closely with local HC Operations teams, HC shared service center and Finance shared service center
- Coordinate with Regional/Global Mobility teams on cost recharges and certification of payroll costs for international tax requirements
- Manage the payroll team in the processing of payroll activities ensuring financial accuracy and adherence to agreed timelines through continuous liaison with Country/Cluster Finance leads
- Responsible for the accurate calculation of payroll and other earnings
- Supervise and validate the preparation of the Wage Protection System (WPS) payment files, other priority payments and payroll cheques
- Ensure compliance with social security and tax rules by computing the correct amount of employee deductions and employer obligations of payroll related liabilities
- Timely and accurate payment of employee expenses, final settlements etc.
- Maintain data integrity and restricted access to payroll information
- Review and approval of payroll and payment reconciliations
- Review and approval of month end financial journals, balance sheet reconciliations and clearance of payroll suspense accounts
- Cash flow forecasting and coordination with Treasury
- Coordination with both internal and external auditors
- Ownership of the end to end regional payroll process including continuous:
- Review and improvement of the policy and process with a view to standardisation where appropriate
- Monitoring of compliance with payroll policy and procedures
- Evaluation and improvement of current systems, including making sure they remain up to date for regulatory changes
- Remain up to date and current on changes to Labour laws, regulatory requirements relating to WPS, social security, pension and taxation
- Provide business insight on payroll matters to key stakeholders including Finance and HC leadership
Learning & Growth
- Responsible for the continuing professional development of self and team members
- Be a role model for the collaborative environment within the PwC ME Finance function
- Bachelor's Degree in Business Administration, Accounting, Finance or a related field
- Professional qualification in finance e.g. CA or ACCA
- Fluency in written and spoken English, proficiency in Arabic would be an advantage
- 10+ years of experience in a payroll function, 5+ years in a senior role
- Demonstrable experience within the Middle East Region
- Experience of leading the payroll process for a multinational organization
- Excellent Microsoft and data analytical skills
- Excellent level of accuracy to a high degree of detail
- Excellent understanding of payroll processes
- Understanding of labour laws, social security payments and taxes within the ME region
- In depth understanding of benefits and reimbursement processing procedures
- Understanding of International Financial Reporting Standards and general accounting standards and practices
- GulfHR experience would be a benefit
- Strong customer service and people management skills
- Organised with a good eye for detail and a thorough, proactive approach
- Strong verbal and written communicator
- Excellent time management and decision making abilities
- Ability to influence senior management and to maintain strong working relationships across the business
- Strong work ethic and ethical conduct
About the Company
PwC firms help organizations and individuals to create the value they're looking for.
We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. PwC is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the global PwC network.
In our 3 key areas of business or Lines of Service Assurance, Tax, and Advisory we work with our clients from business start ups to the worlds leading organizations to measure, protect and enhance the things that matter most to them.
We help our own people to learn, discover, develop and make a real difference all the way through their working lives. And we have big ambitions to grow.
PwC Middle East Region is part of what we call the Central Cluster and includes the UK, Europe and Africa as well as the Middle East. The region consists of 12 markets - UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt, Libya, Iraq and Palestine.
PwC has been established in the region for over 40 years, we already employ over 4500 people and we are on course to become the Middle East number one professional service firm.