/

Payroll Officer

One Lorton Building, Ledesma St., Iloilo City, 5000 , Philippines

Who we are: 

Fair Trade Outsourcing™ (FTO) is a fast-growing BPO company and fair trade outsourcing center that provides impact sourcing work for companies worldwide.

Our main office is in Philadelphia, Pennsylvania with a global network of delivery centers in the Philippines, Mexico, and Ghana.

In the Philippines, we already have four centers with more than a hundred employees at each site.


Mission 
We are a Fair Trade Outsourcing Center Company that delivers superior results for clients by valuing our agents, ensuring their safety, and improving their economic welfare.  

Vision 
We seek to reduce global poverty and economic insecurity by creating sustainable middle-class employment, eventually growing a new generation of capital owners from wage earners. 

Job Description

  • End to End payroll processing of manager and rank and file employees 

  • Maintains payroll information by collecting, calculating, and entering data in the Payroll System 

  • Updates payroll records by entering changes in exemptions, insurance coverage, deductions, job title and department/division transfers. 

  • Prepares reports by compiling summaries of earnings, taxes, deductions, leave, and taxable and       nontaxable wages.  

  • Determines payroll liabilities by calculating employee’s income and statutory benefits  

  • Resolves payroll discrepancies by collecting and analyzing information on a timely manner 

  • Provides payroll information by answering questions and requests.  

  • Maintains payroll operations by following policies and procedures; reporting needed changes.  

  • Maintains employee confidence and protects payroll operations by keeping information confidential.  

  • Contributes to team effort by accomplishing related results as needed.  

  • Process SSS, PHIC and HDMF remittances on or before deadline  

  • Process Employee’s Benefits such as SSS Loan, Sickness, Maternity and HDMF Loan  

  • Prepares Alpha List and Income tax return (form 2316) every year end and annualization of tax on compensation  

  • Prepares Tax on Compensation Report (1601 C) on a monthly basis  

  • Prepares Final Pay Computation and applicable documents for resigned employees  

  • Conducts New Hire Orientation  

Qualifications

    • Bachelor’s degree in Accounting, Management, Human Resources or a similar field. 

    • With 2 to 3 years end-to-end payroll processing experience. 

    • Advanced Mathematical skills and strong attention to detail. 

    • Proficient with payroll software including Quickbooks and Sprout Payroll 

    • Familiarity with accounting software and procedures. 

    • Proficient with Microsoft excel or spreadsheet. 

    • Ability to handle confidential information. 

    • Familiarity with labor laws and taxation. 

    • Knowledge on Basic Accounting Principles 

    • Ability to investigate issues and find solutions 

    • Excellent communication and interpersonal skills 

PTOs

Vacation, Sick, Quarantine, and Bereavement leaves 

Mandated Benefits

Service Incentive, Solo Parent, Paternity, Maternity, VAWC, Magna Carta

Mandated Benefits

Social Security System, PhilHealth, PAG-IBIG, Shift differential, premium pay, 13th-month pay

Perks

Above minimum wage salary, COLA (Cost Of Living Adjustment), Financial Assistance (Catastrophic Fund), Referral Incentives

Company Benefits

Healthcare, dental, life insurance,  daily hospital income, and personal accident benefit

Impact Programs

English Proficiency Directed Training, Zero Interest Microloan for business
Zero Interest Motorcycle loan
Win-a-Fridge