Payroll Coordinator

Job title: Payroll Coordinator
Company: Multinational Engineering Company
Area: Ulaanbaatar, Mongolia

Job Purpose:

The Payroll Coordinator is responsible for ensuring the accurate and timely processing of all employee payroll. This role maintains payroll records, verifies timesheets, calculates earnings and deductions, and ensures compliance with company policies and applicable labor and tax regulations. The position also supports compensation administration, payroll reporting, benefits administration, payroll reconciliations, and collecting internal and external data for preparation of analysis.

• Provide payroll processing and prepare and distribute employee pay slips in a timely manner (2 times a month)
• Process payroll changes including salary adjustments, allowances, payroll related deductions, exemptions, job transfers, promotions, and other employee status changes.
• Compile, calculate, verify, and enter payroll data into the upcoming payroll system.
• Maintain payroll master data, including new starter setup and induction, employee master file changes, and payroll system updates.
• Prepare termination calculations and ensure timely final payments.
• Administer employees leave records and leave tracking.
• Reconcile payroll-related general ledger accounts and prepare payroll journal entries.
• Reconcile payroll processing, payroll costing, salary packaging, and payroll reports.
• Calculate payroll liabilities including Personal Income Tax (PIT), Social Health Insurance (SHI), and other statutory deductions.
• Compiles summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages.
• Ensure compliance with all applicable labor laws, tax regulations, and company policies.
• Remain current on payroll legislation, regulatory changes, and best practices.
• Work closely with the HR team to ensure payroll-related data from Workday and other HR systems are accurate and up to date.
• Review regular payroll reports and investigate discrepancies between HR Systems and Payroll Systems.

General Requirements:

• Minimum of 3 years of relevant work experience
• University degree in Finance, Accounting or in related field
• Strong knowledge of payroll legislation, taxation, compensation, and employee benefits administration
• Experience working with HRIS and similar payroll systems are advantage
• Advanced Microsoft Excel skills and proficiency in Microsoft Office applications
• Excellent attention to detail and accuracy.
• Strong analytical and numerical skills.
• Excellent in English

If you are interested in this role, please send your updated CV to [email protected] or contact me at 99663800.