Job title: Compensation and Payroll Manager
Department: HR
Responsibilities:
• Develop and implement compensation strategies and programs:
- Design and administer the organization's compensation structure, including base salary, bonuses, incentives, and benefits, in compliance with Azerbaijani labor laws.
- Conduct market research and analysis to ensure competitive compensation packages in the local market.
- Collaborate with HR and management to develop compensation plans that align with organizational goals and objectives.
• Manage payroll processes:
- Oversee the accurate and timely processing of payroll for all employees in accordance with Azerbaijani labor regulations.
- Ensure proper calculation of taxes, social security contributions, and other statutory deductions.
- Maintain payroll records, including deductions, allowances, and bonuses, adhering to local requirements. Review and reconcile payroll reports to ensure accuracy and compliance.
• Ensure compliance:
- Stay up-to-date with relevant payroll laws, regulations, and tax requirements in Azerbaijan.
- Ensure proper withholding and remittance of payroll taxes, including income tax and social security contributions, in accordance with local regulations.
- Prepare and submit payroll-related reports to government agencies as required by Azerbaijani labor laws.
- Collaborate with the finance or accounting department for payroll-related financial reporting and audits.
• Provide guidance and support:
- Serve as a subject matter expert on compensation and payroll matters, providing guidance to employees on payroll-related inquiries, including salary adjustments, deductions, and benefits.
- Assist employees with understanding local labor regulations and ensure compliance with employment-related laws.
- Train and educate HR and management staff on payroll procedures and compliance in Azerbaijan.
• Maintain payroll systems and data integrity:
- Oversee the payroll software and systems to ensure accurate and efficient processing, adhering to Azerbaijani labor requirements.
- Conduct regular audits of payroll data to identify and resolve discrepancies or errors. Implement and maintain internal controls to safeguard payroll data and prevent fraud, in line with local regulations.
• Collaborate with stakeholders:
- Coordinate with HR, finance, and other departments to ensure seamless integration of payroll and compensation processes, considering Azerbaijani labor laws and regulations.
- Collaborate with external vendors, such as payroll service providers or benefits administrators, to ensure smooth operations and compliance with local requirements.
Qualifications and Requirements:
- Bachelor's degree in Human Resources, Finance, Accounting, or a related field.
- Extensive experience in compensation and payroll administration in Azerbaijan.
- In-depth knowledge of Azerbaijani labor laws and regulations related to compensation and payroll.
- Proficient in payroll and timekeeping systems (preferrably SAP).
- Excellent attention to detail and accuracy.
- Strong analytical and problem-solving skills.
- Strong communication and interpersonal skills.
Candidates who meet the relevant requirements can send their CV to the email address [email protected]
Please note that applications without “Compensation and Payroll Manager” in email subject will not be considered.
Last date of application: 02.07.2023
