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Regional Payroll Manager (Leading Global Private Equity Firm)

Job Title: Regional Payroll Manager (Leading Global Private Equity Firm)
Contract Type: Permanent
Location: Hong Kong
Industry:
Reference: GT/15878
Contact Name: Garrett Tardrew
Contact Email: gt@elliottscotthr.com
Job Published: May 31, 2021 11:44

Job Description

Key Responsibilities:

Responsible for payroll administration across the various group entities

Work with payroll vendors in international offices to ensure payroll processing is done timely and accurately considering local deductions, contributions, tax withholding etc.

Responsible for processing end-to-end HK office payroll and transiting to outsourced model in the near term:

Ensure exit payroll factors all employee deductions across all offices

Administer the payments arising from deferred bonus and accounting thereon across offices

Ensure confidentiality of payroll information

Understand job descriptions and facilitate compensation and benefits research to define benchmarks

Provide information to insurance to ensure coverage across various policies

Prepare/Assist in year-end comp letters to employees as appropriate

 

Group reporting, Accounting & Budgeting

Accounting for HK office payroll in entity’s books accurately

Provide journals for accounting monthly payroll to the outsourced service providers at international offices and ensure appropriate accounting of payroll

Deferred bonus tracking and accounting

Accounting for Staff leverage loans and interest

Processing group company’s fund related investments and maintaining fair value related accounting for the investments.

Provide cash flow forecasts for payroll payments on a monthly basis to Group accounting

Process payment instructions for group holding companies and keeping track of investment portfolio and returns

Prepare group level consolidation for certain reports for senior management

 

Key Requirements:

Minimal 10 years of payroll experience with increasing responsibilities

Solid understanding of accounting fundamentals and C&B best practices, CPA qualification preferred

Familiarity with payroll practices and regulatory requirement in relevant jurisdictions is a must

Prior experience with alternative asset manager strongly preferred

Must be trusted guardian of confidential information

 

For more information, or to apply, please contact Garrett Tardrew, or send me your resume at gt@elliottscotthr.com 

Job code: GT/15878

 

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Please note that only short-listed candidates will be contacted.