Strategic Payroll Management: Preparation, Analysis, and Compliance
Programme Overview
Payroll management plays a crucial role in maintaining organizational integrity, employee satisfaction, and regulatory compliance. This program provides a comprehensive understanding of the payroll function as the essential link between Human Resources and Accounting. Participants will learn to design, prepare, and manage payroll systems with precision, ensuring accuracy, control, and compliance with internal and external regulations. The course combines practical exercises, analysis techniques, and compliance frameworks to enhance both operational efficiency and financial accountability.
Programme Objectives
By the end of the program, participants will be able to:
* Identify the required documentation in the payroll cycle.
* Prepare, process, and reconcile monthly payroll accurately.
* Calculate employee and employer contributions based on varying assumptions.
* Conduct “What-If” analyses related to employee benefits and compensation structures.
* Develop comprehensive monthly and annual payroll budgets.
* Design periodic payroll management reports and perform detailed analysis.
* Support the accounting department in controlling and auditing payroll payments.
Programme Modules
Module 1: Payroll – The Strategic Link between HR and Accounting
* Overview of the Human Resources function
* Introduction to the Accounting function
* The role of Payroll as the critical link between HR and Finance
* Documentation and records required in the hiring process
* Managing payroll processes for:
* Contract professionals
* Full-time employees
* Temporary staff
* Outsourced arrangements
Module 2: Preparing and Calculating Payroll
* Establishing payroll controls and internal checks
* Determining the right calculation basis for payroll
* Identifying and managing payroll risks
* Handling increments, deductions, and approval workflows
* Preparing accurate payroll schedules and processing timelines
Module 3: Employee Loans and Benefits
* Managing employee loans and benefit records
* Controlling access to employee loans
* Reporting and monitoring loan status
* Calculating end-of-service benefits (EoSB)
* Reporting on employee benefit plans and entitlements
Module 4: Accounting Department’s Role in Payroll
* Recording payroll expenses and liabilities
* Accounting for payroll-related contributions and withholdings
* Reconciling receivables and payables with payroll records
* Managing compliance with social security and regulatory agencies
* Aligning payroll transactions with bank account reconciliations
Module 5: Payroll Budgeting
* Developing payroll department budgets and forecasts
* Preparing company-wide payroll and contribution budgets
* Budgeting for employee loans, benefits, and incentives
* Using analytical tools for payroll cost forecasting
Module 6: Payroll Reporting and Compliance
* Determining contribution expenses for individuals and corporations
* Coordinating with accounting and treasury on payments and controls
* Designing management and statutory payroll reports
* Reporting to:
* Ministry of Labour
* Social Security Authorities
* Other governmental and regulatory agencies
Programme Format and Methodology
* Expert-led discussions and practical workshops
* Real-world payroll case studies and reconciliation exercises
* Group simulations and budgeting activities
* Compliance-focused analysis sessions
Who Should Attend
* Payroll and HR professionals
* Finance and Accounting Officers
* HR Business Partners
* Compliance Managers
* Internal Auditors and Controllers
Certification
Upon successful completion, participants will receive the **KE Leaders Certificate in Strategic Payroll Management: Preparation, Analysis, and Compliance** — demonstrating advanced competency in payroll systems, reporting, and compliance excellence.
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
