Bank Of China (Malaysia) Berhad Hiring! Full Time Payroll Manager in Federal Territory - Ricebowl

As the Payroll Manager at Bank of China (M) Berhad, you will be overseeing the end-to-end payroll operations to ensure accurate and timely salary processing in compliance with statutory requirements. The role is responsible for administering employee benefits program, supporting budget exercise, forecasting as well as ongoing budget monitoring activities. This full-time position is based in our Kuala Lumpur head office.

Responsibilities

• Manage and oversee the full spectrum of payroll processing activities to ensure timely and accurate salary payment.
• Ensure compliance with all statutory and regulatory requirements, including EPF, SOCSO, EIS, PCB, HRDF and other applicable regulations.
• Review payroll inputs, including salary adjustments, allowances, overtime, claims, deductions, and final payments.
• Coordinate with internal stakeholders and external payroll service providers where required.
• Prepare payroll reports, reconciliations, and analysis for management review and audit purposes.
• Ensure proper maintenance of payroll records, documentation and HR information system.
• Assist in the annual budget exercise and related forecasting activities. Monitor personnel expenditure against approved budgets and provide month-to-month variance analysis.
• Oversee the administration and maintenance of employee leave records in accordance with the Bank policies.
• Coordinate with HRIT to ensure accurate leave configuration and updates in leave system.
• Administer employee insurance including Group Hospitalization & Surgical (GHS), Group Personal Accident (GPA), Group Term Life (GTL), and Outpatient coverage to ensure enrollment, termination and plan updates are in timely manner.
• Manage annual policy renewal exercises, including policy review, quotation comparison, and renewal administration.
• Liaise with employees, healthcare providers, and insurers/administrators on claim-related matters.
• Coach and develop junior member to strengthen technical competencies, operational effectiveness, and service quality.

Requirements

• Bachelor’s Degree in Human Resource Management, Business Administration, Accounting, or related discipline.
• Minimum 8-10 years of relevant experience in payroll and benefits administration.
• Strong knowledge of Malaysian payroll practices and statutory requirements.
• Experience in HRIS administration and payroll systems, preferably in i-Payroll (HR2000).
• Good analytical, organizational, and problem-solving skills.
• High level of accuracy, confidentiality, and attention to detail.
• Good communication and stakeholder management skills.
• Proficient in Microsoft Office applications, particularly Excel.