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Major Group

Professionals

Sub-Major Group

Business and Administration Professionals

Minor Group

241

Finance Professionals

Unit Group

2411

Accountants and Auditors

Minor Unit Group

MASCO Code

2411-06

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Payroll Executive

TVET

TVET scope is based on recognized occupational standards, with emphasis on practical components, psychomotor skills and exposure to training in the industry

Payroll Executive manages and processes an employee’s payroll, ensuring accurate and timely salary payments. They handle salary calculations, statutory deductions, benefits administration, and compliance with labour laws and tax regulations, while monitoring leave and overtime records. The role also involves preparing payroll reports and coordinating with finance and HR departments to maintain efficient payroll operations.

Tasks

Process employee payroll accurately and in a timely manner.

Calculate wages, overtime, allowances, deductions, and other payroll components based on attendance, leave, and employment records.

Administer statutory payroll contributions and deductions, including Employees Provident Fund (EPF), Social Security Organisation (SOCSO), Monthly Tax Deduction (PCB), and other regulatory requirements.

Maintain and update payroll records, including employee status changes, salary adjustments, and employment details.

Prepare payroll reports, summaries, and reconciliations for management and accounting purposes.

Ensure payroll processes comply with tax regulations, labour laws, and organisational policies.

Respond to employee enquiries regarding salaries, deductions, benefits, and attendance or leave records.

Investigate and resolve payroll discrepancies, errors, or inconsistencies in time and pay records.

Maintain confidentiality and security of employee payroll and personal information.

FB-100-5:2012

ACCOUNTING (LEVEL 5) (Level 5)

Skills

Basic

Ability to maintain confidentiality and manage sensitive payroll information.

Attention to detail to avoid errors in salary and statutory deductions.

Effective communication skills to explain payroll matters clearly.

Proficiency in payroll software and Microsoft Excel for accurate data entry and reporting.

Strong numerical and analytical skills to handle payroll calculations accurately.

Specific

Ability to ensure compliance with organisational payroll policies and statutory obligations.

Ability to maintain accurate payroll records and perform payroll reconciliations.

Competency in payroll reporting and financial record preparation.

Competency in preparing and submitting statutory and tax reports related to employee compensation.

Knowledge of end-to-end payroll processing in compliance with Malaysian statutory requirements, including Employees Provident Fund (EPF), Social Security Organisation (SOCSO), Monthly Tax Deduction (PCB), and Inland Revenue Board of Malaysia (LHDN) requirements.

Knowledge of Malaysian employment laws and tax regulations in payroll administration.

Proficiency in payroll software.

Additional Info

QUALIFICATION

Bachelor’s degree or equivalent

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