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Muang Thai Life Assurance Public Company Limited

Payroll Benefits Manager

7-10 Years

This job is no longer accepting applications

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  • Posted 3 months ago

Job Description

Key Responsibilities

Leadership & Team Management

  • Lead, coach, and develop a team of payroll and benefits specialists to ensure accuracy, compliance, and efficiency.
  • Establish clear goals, KPIs, and performance standards for the team.
  • Provide guidance and solutions on complex payroll, benefits, and budgeting issues.

Budgeting & Cost Management

  • Oversee monthly analysis of salary and welfare expenses against budget vs. actual.
  • Ensure timely reconciliations and variance analysis for management reporting.
  • Control cost of sales and sales variable expenses.
  • Supervise GBP updates including reclassification and allocation.
  • Review and approve reports submitted to Finance segmented by group and sales channels.
  • Lead month-end closing activities: account reviews, accruals, retirement provisions, and adjustments.

Payroll & Benefits Administration

  • Oversee end-to-end payroll operations, ensuring accuracy and compliance.
  • Review and approve payroll reconciliations, special payments, and irregular transactions.
  • Ensure compliance with statutory contributions and deductions (social security, provident fund, income tax, employee loans, student loans).
  • Oversee employee benefits administration including provident fund and disability fund compliance.
  • Ensure pay slips and payroll reports are distributed accurately and on time.
  • Ensure timely submission of statutory and regulatory reports (e.g., annual OIC workforce report).
  • Provide quarterly payroll and benefit data to Accounting.
  • Approve annual Retirement Benefit Report.
  • Oversee data provision to Actuarial team (headcount, reclassifications, allocations).
  • Ensure audit readiness and support both internal and external audit requirements.

Qualifications

  • Bachelors degree or higher in Accounting, Finance, Human Resources, or related field.
  • Minimum 710 years of progressive experience in Payroll, HR Operations, or Budget Management, with at least 3 years in a supervisory/managerial role.
  • Strong knowledge of Thai labor laws, social security, provident fund, and personal income tax.
  • Proven leadership skills in managing and developing teams.
  • Hands-on experience with payroll outsourcing vendors and HRIS.
  • Strong analytical and financial acumen, with the ability to translate data into insights.
  • Excellent communication, stakeholder management, and cross-functional collaboration skills.
  • Proficiency in Microsoft Excel and financial reporting tools.

Preferred Qualifications

  • Experience in insurance, financial services, or large-scale organizations.
  • Familiarity with OIC reporting, actuarial data, and workforce cost allocation.
  • Demonstrated success in driving process improvements and automation in payroll/benefits functions.

Talent Acquisition Team, Human Resources Management Department (Head Office)

Muang Thai Life Assurance Public Company Limited

250 Ratchadaphisek Rd., Huaykwang, Bangkok 10310

Website: www.muangthai.co.th

Line Official Account: @mtlcareer

LinkedIn: Muang Thai Life Assurance Public Company Limited

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Remark: This position requires a criminal record information check prior consideration for employment to ensure safety and maintain standards of the organization.

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Job ID: 125074765