Job Opening in Kuwait: Payroll Officer at the Commercial Bank of Kuwait

Commercial Bank of Kuwait (CBK) is looking to hire a full time Payroll Officer in its branch in Hawali, Kuwait. 

Main Responsibilities

[1] Receives, calculates/processes, and verifies the following:

• Manual/automated payments/deductions relating to Payroll and Various employee benefits.
• Process the deductions.
• Bonuses, End of Service, terminal gratuity (both Expat & GCC), air passage accruals: both at month-end, and year-end.
• Requests from Staff for advance payment of leave salaries.
• End of service calculations and closing of account formalities upon staff exit from the bank.

[2] Prepares the following statements and reports with accuracy:

• Related to transfers, salary increase, etc. as required.
• All accrual accounts on a monthly basis, to be submitted to the auditors at year-end.
• Quarterly statements for provision requirements of amounts receivable from ex-staff to be submitted to Credit Administration/Financial Controls.

[3] Handles to any additional request as per the business requirement.

Experience, Knowledge & Skills

Applicants must:

1. Be fresh graduates with one year of experience.
2. Have a bachelor's degree in Finance/ Accounting / MIS.
3. Have an enthusiasm to learn.
4. Have proficient computer skills.
5. Have the ability to work under pressure.
6. Have good English and Arabic communication skills (verbal and written).