First Abu Dhabi Bank (FAB)

Specialist, Payroll & Payments

First Abu Dhabi Bank (FAB)  •  Abu Dhabi, AE (Onsite)  •  5 hours ago
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Job Description

JOB SUMMARY / INTRODUCTION

The Payroll Specialist's responsibilities include reviewing various inputs of UAE & GCC Regular, Off-cycle and Final Settlements, managing Pre/Post Payroll Validations and preparing and processing employee payments, and maintaining accurate payroll records. Responsible to manage payroll verifications independently covering Gross to net , net to net and managing off-cycle payroll and final settlements verifications. This role also involves regular interaction with other HR teams and askHR team to provide tier 2 support to resolve employee queries.

KEY RESPONSIBILITIES

Payroll & Payments:

  • Manage payroll inputs and system uploads, perform monthly, off-cycle and final settlement payrolls working closely with Payroll Manager.
  • Maintaining accurate records of payroll documentation and transactions in the designated documents repository
  • Monthly Pension reconciliation
  • Handling pension issues
  • Independently manage payroll verification and reconciliations to ensure payroll accuracy target are maintained
  • Initiate Payroll costing and Payment process in the system
  • Resolve employee queries received through HR stakeholders and through ASK HR within the agreed SLA
  • Generate standard/ad-hoc reports and also perform data analysis
  • Knowledge of Oracle and Fusion Payroll is essential

Policies, Systems, Processes & Procedures

  • Provide inputs to develop policies and implement policies, systems and procedure for the assigned team

Continuous Improvement

  • Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

  • Prepare periodic payroll reports for review by management and auditing purposes

Frameworks, Boundaries, & Decision Making Authority:

  • Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
  • Authorised to take decisions as per the approved authorisation matrix.

REQUIREMENTS / QUALIFICATIONS

Minimum Qualification

  • Bachelor’s degree in Finance or related discipline.
  • 3 - 5 years’ payroll experience
  • Working knowledge of basic accounting principles and payroll practices.
  • Experience working with accounting and payroll software, ORACLE, SAP
  • Excellent communication and interpersonal skills
  • High numerical aptitude.
  • Knowledge of Oracle and Fusion Payroll is essential

Customer Orientation

The ability to identify current and future customers, understand their current and future needs and respond with relevant and creative solutions. Make FAB the preferred partner for customers and build long term relationships in the best interest of the Bank. A customer may be an external customer, or an internal customer/colleague within FAB.

Persuasion and Influence

The ability to persuade and convince others to take actions beneficial to the Bank and customers. It involves the ability to clearly identify and understand situations, and then respond appropriately when interacting with individuals and groups.

Analyzing and solving problems

Understanding problems by breaking them into smaller parts and identifying risk-return implications in a systematic way. Making logical comparisons of possible outcomes and coming up with the best possible solutions to problems.

Preferred / Beneficial

Not specified in source.

Skills

  • Working knowledge of basic accounting principles and payroll practices.
  • Experience working with accounting and payroll software, ORACLE, SAP
  • Excellent communication and interpersonal skills
  • High numerical aptitude.
  • Knowledge of Oracle and Fusion Payroll is essential

About Us:

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB:

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization

Career Development:

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our Values:

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.

First Abu Dhabi Bank (FAB)

About First Abu Dhabi Bank (FAB)

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Abu Dhabi, AE
Year Founded
Unknown
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