Payroll Specialist

albo

albo is a leading fintech company offering financial products to individuals and SMB’s with the mission to bring financial freedom to everyone everywhere. 

About the role

As a Payroll Specialist, you will play a key role in ensuring the accuracy and efficiency of payroll processes in a fast-paced fintech startup environment. This is an opportunity to make a meaningful impact by designing and executing innovative payroll and benefits strategies that align with our company's goals and values.

Main responsibilities:

• Ensure payroll processes for new hires, terminations, salary changes, compensation and benefit payouts are executed promptly, accurately and in compliance with country statutory regulations and company policies.
• Work closely with the Accounting and Treasury teams for month-end close activities, including payroll account reconciliation and reporting.
• Manage global benefits administration, including relationship with vendors and brokers.
• Identify, investigate and resolve discrepancies in payroll and benefits.
• Develop a strong understanding of the business and strategic objectives to design and implement the best policies and compensation strategies for the Company.
• Take the lead in reviewing and updating our salary policies to ensure we continue offering competitive compensation packages that stand out in the market.
• Stay up to date with labor laws and regulations to ensure compliance.
• Assist or provide required information on internal/external audits, including payroll or country regulatory audits.
• Maintain integrity of HRIS records and compile reports as needed. Provide support to employees in various HR-related topics.
• Actively participate in strategic initiatives related to employee experience and talent development.

About you and the skills you’ll need:

• +5 years of experience in a similar role, preferably in dynamic environments like startups or the fintech industry.
• Strong knowledge of labor laws, tax regulations, and payroll compliance.
• Experience using payroll systems and advanced Excel skills.
• Analytical skills and ability to manage budgets and financial reports.
• Prior experience working with HRIS systems. (Knowledge of BambooHR and Workbeat is a plus)
• Excellent ability to communicate internally and externally, quickly build relationships, and work cross-functionally.
• Hands-on: We’re looking for a comfortable and willing leader to be a hands-on contributor. You are energized by rolling up your sleeves, making things happen, and enabling your team to do the same.
• Done is better than perfect: As things change and move quickly, you are excited by the fast pace and opportunity to learn and help your team learn constantly. 
• Communication: Excellent ability to communicate internally and externally, quickly build relationships, and work cross-functionally.
• Extreme ownership: You hold yourself accountable to a high bar. You are supremely organized and see what needs to happen to achieve goals.
• Results & Data Driven: You understand the business metrics you are responsible for and demonstrate these insights to drive constant improvement.