Introduction
The efficient management of the payroll function is crucial for any business with multiple employees. It is an aspect that requires attention to detail and careful observation of the regulatory environment. The integration of the payroll function with the finance and human resource departments further contributes to the operational management of a successful organisation.
This intensive 5-day seminar gives a comprehensive understanding of the principles of payroll management and effective controls with a strong emphasis on practical application in the working environment. Whether you are seeking to manage these functions within your organisation or to diversify your skillset for career progression, this seminar will provide you with the skills and knowledge needed to perform the vital function of payroll management and the effective implementation of controls.
You will find value in taking this seminar by formalising and updating your skills and learning the most up-to-date processes and best practices involved in the payroll function.
Participants will develop the following competencies:
- Understanding the payroll regulatory and compliance environment
- Confidence in managing the payroll department
- Skills to identify risk and implement controls
- Ability to integrate the payroll division with the HR and finance department
Benefits
- Payroll administrators who wish to enhance their payroll knowledge and application
- Human Resource professionals who wish to gain a better understanding of the payroll system and how it is integrated into the corporate human resource environment
- Accountants who wish to diversify their skillset for career progression
Seminar Objectives
Upon the successful completion of this seminar, participants will have excellent knowledge of the following:
- How to effectively run a compliant payroll office
- Practical payroll implementation
- How to generate information and reports for internal and external use
- How to plan, organize, implement and monitor work within the payroll environment
- Data processing using software
- Integration of payroll into the HR and finance departments
- Mitigating risk and implementation of controls
- Performance of internal and external payroll audits
Training Methodology
The seminar will be taught in an interactive manner, using lectures, lessons learned, practical examples, video materials, case studies, software demonstrations, shared participant experiences and practice sessions. There will be group work as well as individual exercises. Delegates will be encouraged to participate actively.
Seminar Summary
The seminar covers essential skills in managing the payroll division. It looks at the regulatory environment, practical payroll implementation and management as well as integration with the corporate finance and human resource departments.
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