Payroll Officer

David Kennedy Recruitment is working with a leading financial services company who is seeking to onboard a Payroll Officer for their Limassol office.

Position: Payroll Officer

Location: Limassol Cyprus

Employment type: fixed-term contract (1 year) with possibility of permanent upon fullfiling

Remuneration: Base salary.

DUTIES AND RESPONSIBILITIES

• Process monthly payroll accurately and on time for group employees

• Collect and validate monthly payroll changes from internal departments

• Coordinate with external payroll providers and review payroll calculations before final approval

• Prepare and distribute direct salary payments in applicable jurisdictions

• Upload payroll batch files to banking systems for processing

• Ensure full compliance with payroll legislation tax regulations wage laws and benefits administration

• Generate payroll reports and analyses for management as required

• Maintain accurate and up-to-date payroll records and documentation

• Prepare monthly payroll reconciliations and group payroll analysis

• Post payroll-related journal entries in accounting software

• Respond to employee payroll-related queries professionally and confidentially

• Collaborate closely with HR to ensure accurate employee data and policy compliance

• Support additional payroll and accounting tasks as assigned by senior finance leadership.

REQUIREMENTS:

• Bachelors degree in accounting Finance Business Administration or a related field

• Strong knowledge of Cyprus payroll legislation (mandatory)

• Knowledge of Estonia or other regions payroll legislation will be considered as an advantage

• Solid understanding of payroll principles practices and statutory requirements

• Proven experience in payroll of multinational groups with more than 150 employees

• Excellent command of English both written and spoken. Fluency in Greek will be considered as an advantage

• High attention to detail with strong accuracy and analytical skills

• Ability to handle confidential and sensitive information with discretion

• Strong organizational communication and interpersonal skills.

BENEFITS:

• Unique opportunity to build your career within a fast-growing global organization

• Competitive remuneration package based on qualifications and experience including 13th salary and discretionary performance bonuses

• Comprehensive medical insurance covering outpatient inpatient and dental care

• Continuous professional growth through Employee Training & Development program

• Participation in Provident Fund Scheme for long-term savings and investment

• Birthday and loyalty benefits recognizing employee milestones

• Health and well-being initiatives & programmes

• And many others!