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Compensation and Benefits Officer

Montrose Holdings
Full-time
On-site
Christ Church, Barbados, Barbados

Company: Chickmont Foods Ltd.

 

General Purpose

Accurately issue pay to employees by calculating earnings and deductions in accordance with established practices and guidelines.

 

Main Job Duties and Responsibilities

  • Collect, compile and enter payroll data using appropriate software
  • Review and verify source documents
  • Calculate and post payroll deductions
  • Process payroll by established deadlines
  • Reconcile employee deductions
  • Review, investigate and correct payroll discrepancies and errors
  • Update payroll records by recording changes including insurance and pension coverage, loan payments, salary increases
  • Process new employees, terminations, transfers and promotions
  • Manage vacation days, sick leave and other forms of paid time off
  • Prepare and print payroll reports of earnings, hours worked, taxes, insurance, leave
  • Address employee's pay-related concerns and provide  accurate payroll information
  • Complete requests for pay-related documents including statements and verifications
  • Develop, manage and maintain comprehensive payroll records
  • Produce weekly reports on total public holidays, total productivity bonus paid, attendance (late days and absences), certified and uncertified sick leave cost, payroll headcount and cost wage, new hires and terminations, payroll error report, vacation liability and Covid leave payments and any other reports as needed
  • Conduct regular payroll audits
  • Provide all relevant documentation and reports requested by external auditors
  • File all payroll related documents
  • Prepare job letters required by employees
  • Prepare vacation, final pay and documentation including cheques as required
  • Co-ordinate payroll training (rosters, payslips or any other payroll related topics as needed)
  • Evaluate training effectiveness
  • Any additional duties as it relates to payroll.

Requirements

  • Experience and understanding of payroll processes, regulations, and procedures are essential.
  • Ability to use payroll software and other relevant computer applications.
  • Accuracy is crucial for calculating earnings, deductions, and managing records.
  • Ability to manage records, meet deadlines, and handle various tasks efficiently.
  • Ability to handle sensitive employee information with discretion.