Management

Training Course: Payroll Management & Effective Payroll Controls


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MA234682

28 Apr - 2 May 2024

Dubai (UAE)

Hotel : Residence Inn by Marriott Sheikh Zayed Road, Dubai

Cost : 4150 € Euro

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 organization.
This intensive 5-day training course 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 organization or diversify your skill set for career progression, this training course 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  training course by formalizing 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

Course Objective of Payroll Management & Effective Payroll Controls 

  • 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

Course Methodology of Payroll Management & Effective Payroll Controls
The Payroll Management & Effective Payroll Controls training course 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.
Course summary of Payroll Management & Effective Payroll Controls 
This training 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.

Target Audience of Payroll Management & Effective Payroll Controls

  • 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 skill set for career progression

Course outlines Payroll Management & Effective Payroll Controls

DAY 1
PAYROLL ENVIRONMENT

  • Types of payroll systems
  • How to effectively run your payroll department/office
  • The acts that govern payroll
  • Integration with company policies
  • Responsibility of the payroll administrator
  • Internal payroll audit

DAY 2
PRACTICAL PAYROLL IMPLEMENTATION

  • The key steps involved in payroll activities.
  • Creating cost centers, pay points, and job codes
  • Maintaining employee data
  • Processing leave
  • Setting up payslips and ensuring regulatory compliance
  • Capturing overtime and additional payment information
  • Making amendments and accounting for specific
  • transactions
  • Updating to new pay period and month-end procedures

DAY 3
CORPORATE INTEGRATION

  • Linking payroll with the company finance department
  • Recording of payroll transactions in the accounting records
  • Application of payroll accruals
  • Common payroll measurements and how they are used
  • Contents of the various payroll reports and how to use
  • them
  • How to utilize payroll reports for problem-solving
  • Payroll and external audit procedures

DAY 4
PAYROLL MANAGEMENT

  • Definition of an employee and how an employee
  • designation impacts payroll
  • Employee time management and tracking
  • Employee compensation
  • Additional employee benefits
  • Types of deductions and why they are used
  • Ethical considerations in the payroll function
  • Linking payroll with the HR (Human Resource) function
  • Setting up your payroll division

DAY 5
EFFECTIVE PAYROLL CONTROLS

  • Protection of personal information
  • What are internal controls?
  • Identifying risks in the payroll cycle
  • Implementation of payroll controls
  • Evaluating payroll controls
  • Outsourcing arrangements and responsibilities
  • Common mistakes and how to avoid them

Management

Training Course: Payroll Management & Effective Payroll Controls


Register Now
Quick Inquiry
Discount Group Download Brochure (9)

MA234682

28 Apr - 2 May 2024

Dubai (UAE) - Residence Inn by Marriott Sheikh Zayed Road, Dubai

Hotel : Residence Inn by Marriott Sheikh Zayed Road, Dubai

Cost: 4150 € Euro


  About Dubai

Dubai, located on the Persian Gulf, is one of the seven United Arab Emirates and one of the most popular tourist destinations in the world. The discovery of oil in the region has made Dubai extremely wealthy, allowing it to build the glittering skyscrapers that it is now famous for. That wealth is strongly in evidence in Dubai and visitors will see luxurious buildings and supercars aplenty. Perfect beaches and endless shopping opportunities are to key to Dubai's attractions. Flights to Dubai open up the city's cultural attractions to tourists, with beautiful mosques, museums and art galleries scattered throughout this ultra-modern metropolis.


  Things to do and places to visit in Dubai

Dubai's wealth has made it famous for building ever taller buildings and creating artificial islands off its shores. The city's hotels are luxurious and shoppers will love its extensive shopping malls which showcase all the world's top brands. Dubai's attractions don't end there. Dubai also caters to adventure lovers, who can jump in a 4x4 or on a board to speed over dunes outside the city. Local culture mustn't be forgotten either, and visitors have wonderful mosques to visit and old districts to explore. All that combined means that a flight to Dubai is sure to lead to an unforgettable holiday.

When visiting Dubai, be sure to:

  • Go to the observation deck of the Burj Khalifa, the tallest building in the world.
  • Admire the intricately beautiful Grand Mosque, which has the tallest minaret in the city.
  • Understand the local history and culture with a visit to the Dubai Museum.
  • Discover objects from the 6th century at Jumeirah Archaeological Site.
  • Go skiing – That's not a joke, the Mall of the Emirates houses a snowdome.
  • Go shopping at the Mall of the Emirates or the Dubai Mall.
  • Explore the desert surrounding the city – either by 4x4 or atop a camel.
  • Eat fantastic seafood at Dubai Marina.
  • Cool off at the Wild Wadi Waterpark.
  • Marvel at gorgeous Arabic calligraphy at Jumeirah Mosque, the biggest in the city.
  • Take a yacht tour around the artificial islands of Palm Jumeirah.
  • Haggle for souvenirs in one of the city's souks.
  • Wander around the traditional building in Bastakiya District.
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