Payroll Accountant

About the role

The Development Bank of Jamaica is looking for a Payroll Accountant who reports to the Manager – General Ledger. The accountant is accountable for the responsible, timely and accurate preparation of payroll for the bank and its related entities.

Key responsibilities

• Process monthly and fortnightly payrolls for DBJ and related entities as assigned.
• Generate and review payroll registers, payslips, variance and exception reports, lodgment and direct-deposit listings, deduction reports and other required payroll reports.
• Calculate and prepare schedules for statutory deductions and employer contributions such as PAYE, NIS, NHT and Education Tax.
• Prepare and upload payroll journals to the general ledger so that payroll costs, deductions, liabilities and related accounts are recorded correctly in the right accounting period.
• Provide payroll records, schedules, explanations and supporting documentation for internal and external audits.
• Liaise with Human Resources and Administration on employee information, salary changes, attendance, leave, overtime, allowances and other payroll inputs.

Required profile

• BSc. in Accounting, Finance or a related discipline.
• Minimum of four years of practical experience in accounting or payroll at a senior level.
• Strong analytical and problem-solving skills, and excellent report writing, communication and presentation skills.
• Ability to work independently and collaboratively, with strong stakeholder management skills.

Required skills

• Working knowledge of Interactive Payroll System (IPS) version 6.0 and MyHr+
• Proficiency in Microsoft Office Suite and payroll/accounting software