Job title: Payroll & Treasury Officer
Job type: Permanent
Emp type: Full-time
Industry: Business Support Services
Functional Expertise: Accounting & Finance
Salary from: 15,000.00 AED
Salary to: 15,000.00 AED
Location: Bahrain
Job published: 30/05/2024
Job ID: 38372
Contact name: Amir Warsi

Job Description

This is a unique opportunity to join a leading advisory firm who specialise in helping clients with strategic promotion of their global interests. As a payroll & treasury officer, you will join the Finance team to support the payroll and banking activities of the business. This role is based in Bahrain.




  • Payroll:
    • Oversees and processes payroll for 150+ employees across 5 markets (UK, UAE, Bahrain, KSA, South Africa and Malaysia)
    • Manage Reconciliations of Pension and tax monthly, quarterly and annually
    • Coordinate with payroll service providers for timely payroll report, resolve issues and manage relationships
    • Monitor, manage and reconciles payroll taxes at the employer and employee level
    • Prepare payroll journal entries to General Ledger and year-end audit schedules
    • Produce salary certificates for staff in GCC
    • Manage the payroll mailbox and respond to queries promptly
    • Collaborate with HR monthly on employee data updates, including new hires, terminations, promotions, and changes in compensation
    • Monthly reconcile pay change report, ensuring compliance with controls.
    • Develop easy to use templates for various payroll matters.
    • Provide end-of-service benefit (EOSB) and other end-of-employment pay calculations
    • Support the implementation of payroll policies, procedures, and controls to maintain integrity.
    • Identify areas for improvement and recommend changes to enhance effectiveness and automation opportunities.
    • Manage, complete or supports the implementation of payroll-related initiatives and projects
  • Treasury:
    • Liaise with banks to resolve any issues or discrepancies related to banking transactions or services, including rejected or delayed transactions.
    • Monitor bank account balances in different currencies across markets, ensuring sufficient funds for upcoming pay run.
    • Review and reconcile bank accounts regularly, identifying and resolving discrepancies.
    • Audit bank charges and record them on the accounting system.
    • Extract transaction and swift copies as required for the finance team.
    • Process and track bank guarantees across GCC. Maintaining a record of documentation and auditing charges.
    • Collaborate with AP team to upload payment instructions to the banking systems.
    • Completion of month-end bank reconciliations for approval by HoF
    • Preparation of bi-weekly short-term 12-week cashflow forecast.
    • Review currency requirements weekly and request forex funding from HoF
    • Reconcile individual cooperate credit cards monthly and investigate any discrepancies.
  • Projects
    • Source and implement a new payroll system that integrates with existing HR system



  • Unquestioned integrity and adherence to strict confidentiality
  • Demonstrates a positive and enthusiastic attitude
  • High level of self-confidence and energy
  • High level of intellectual agility, initiative, self-motivation, resourcefulness, and patience
  • Between 4-6 years of post-qualification payroll experience, preferably with a multinational company, with at least a significant portion of such experience occurring in the Middle East
  • Ideally, experience in the professional services industry
  • Strong personal communication skills
  • Effective planning and organising skills to prioritise key areas of responsibility, tasks and projects
  • The ability to keep calm in a crisis and to cope well with conflicting deadlines
  • Strong team player who is both committed and flexible


Thank you for your application.  Only suitable candidates will be contacted.


Please note that by applying to this role, your profile will be searchable in our database.  Our Recruiters will contact you should another suitable role become available.