Payroll Specialist

About Presto

Presto is the predominant food and grocery delivery service in Libya, revolutionizing access to daily essentials. Holding a 95% market share and processing over 20,000 orders each day, the company emphasizes efficiency, innovation, and a smooth customer experience. Their culture promotes teamwork, diversity, continuous learning, and professional growth.

Job Summary

The Payroll Specialist is tasked with verifying and processing employee attendance records to guarantee precise and timely payment of salaries. This role entails addressing payroll inquiries and resolving any discrepancies following company policies and labor legislation.

Key Responsibilities

• Gather and examine employee attendance, timesheets, and hours worked.
• Conduct payroll calculations encompassing overtime, deductions, allowances, bonuses, and incentives.
• Compile payroll reports, ensuring their accuracy before obtaining final sign-off.
• Collaborate with the HR department for necessary payroll approvals.
• Disburse salaries through electronic means or physical payroll checks.
• Maintain payroll records meticulously, ensuring confidentiality and precision.
• Calculate tax obligations and legal deductions compliant with labor laws and company rules.
• Update wage records, adjust salaries, and manage payroll-related modifications.
• Address employee questions regarding salary and payroll topics promptly.
• Prepare regular payroll summary reports for finance teams and senior management.
• Organize payroll reconciliations within consolidated financial settlement reports.
• Oversee and coordinate wallet funding and cash transfers for timely salary payments.

Qualifications & Skills

• Sound knowledge of accounting principles alongside payroll best practices.
• Familiarity with labor regulations and payroll compliance requirements.
• Proficiency in Microsoft Office suite and payroll software systems.
• Exceptional attention to detail coupled with confidentiality in handling sensitive information.
• Strong organizational abilities and effective time management.
• Excellent communication and interpersonal skills.
• Competence in managing payroll reconciliations accurately.
• Understanding of company policy breaches and applying deductions accordingly.
• Fundamental mathematical skills necessary for payroll calculations and validations.

Educational & Experience Requirements

• Candidates with an academic background in accounting or practical accounting experience are highly favored to assure payroll accuracy and compliance.
• A bachelor’s degree in Business Administration, Accounting, or related fields is desirable.
• High school diploma holders possessing relevant experience may also be considered.
• Prior experience in a payroll specialist capacity is an advantage.
• Preferred certifications include Fundamental Payroll Certification (FPC) and Certified Payroll Professional (CPP).