Compensation and Benefits Specialist

MAIN RESPONSIBILITIES

Payroll Processing

• Sends out bi-weekly payroll reminder on submission of data to C&B team
• Consolidates payroll data received via email or manually and then organizes it in the Payroll Instruction File that will be sent to the payroll vendor
• Prepares initial calculation for SSS Maternity Benefit payout, Leaves without Pay, Proration of Allowances, Anniversary and Birthday Tokens then sends to C&B Manager for validation and approval
• Sends support documents to C&B Manager to aid complete payroll validation
• Sends fund request to Finance for upcoming payroll based on payroll draft received from payroll vendor
• Consolidates required reports for signature of C&B Manager, HR Director, and CFS Director and filing said reports

Benefits Administration

• Reviews enrollment forms of new hires for Medicard and AXA before sending to C&B Manager for final review and approval and sending to vendors
• Provides required forms to employees for availment of benefits and reviewing them before sending to C&B Manager for final review and approval
• Prepares initial calculation for SSS Sickness Benefit
• Filing of SSS Maternity and Sickness Notification
• Notifies Medicard and AXA of terminations for deletion in Masterlist
• Performs initial review of all billing from vendors and prepares Request for Check (RFC) before sending to C&B Manager for validation

Last Pay

• Reviews clearance submitted and ensures completeness before sending to C&B Manager to start Last Pay process
• Requests IPR from Payroll Vendor
• Prepares initial Last Pay computation and submits to C&B Manager for review
• Sends support documents to C&B Manager to aid validation/review
• Prepares Request for Check (RFC) for approved Last Pay
• Prepares BPI Benefit Payment form for Retirement/Separation benefits
• Consolidates required reports for signature of C&B Manager, HR Director, and CFS Director and filing said reports
• Releases Last Pay check to terminated employees and completing Quit Claim process

Government Statutory

• Prepares Request for Check (RFC) for SSS, Pag-IBIG, and Philhealth payments
• Uploads Premium data to SSS Online (AMS)
• Does initial review of SSS and Pag-IBIG Loan applications before sending to C&B Manager
• Prepares support documents and Request for Check for MP2 Savings
• Uploads EPRS File into Philhealth Online

Ad Hoc

• Creation of Final COE for separated employees
• Facilitates annual tax filing including printing of mandatory BIR forms (Alphalist, Schedule F, 1601, etc.) and burning of required compact disc containing BIR Form 2316
• Submits said documents, in person, to the Tax Bureau
• Preparation of Philhealth documents for hospitalization of employee and their dependents (Philhealth Contributions, MDR, CSF)
• Prepares Request For Check (RFC) for Massage Therapist
• Prepares Employee Master Data Form for Vendor Set-up with Finance and submits to C&B Manager for final review and approval
• Visiting government agencies for statutory contribution filing

QUALIFICATIONS

• College or Bachelor degree
• At least 5 years of experience in local payroll processing and benefits administration
• Good working knowledge of the payroll function, is expected to have a good understanding all payroll elements and computations
• Good Computer skills (MS Office, specially Excel)
• Good communication skills