Compensation & Payroll Specialist

Wallex is a FinTech company providing a secure cryptocurrency exchange platform and digital asset payment solutions.

With a vision to become a leading global FinTech enterprise, Wallex is recognized as one of the largest cryptocurrency exchange platforms in Iran, supporting the online trading of over 130 cryptocurrencies.

We are seeking a Compensation & Payroll Specialist to manage payroll and compensation processes, ensuring accuracy, timely execution, compliance, and confidentiality across payroll-related HR operations.

Responsibilities:

• Receive, review, and finalize employees’ monthly time and attendance data, including attendance records, shifts, leaves, business trips, and overtime.
• Calculate monthly salaries, benefits, and deductions, including payroll file preparation and payment verification.
• Prepare and submit Social Security insurance lists.
• Investigate and resolve discrepancies related to payroll, insurance, and time and attendance records.
• Prepare monthly payroll reports and present discrepancies and changes to the manager.
• Calculate statutory year-end bonuses, severance pay, remaining leave balances, and employees’ final settlements.
• Prepare and provide reports related to employee final settlements.
• Issue employee letters related to salary increases, position changes, promotions, and other personnel changes.
• Collaborate closely and continuously with the Finance team.
• Maintain strict confidentiality of payroll and employee information.
• Document and continuously improve payroll and HR operations processes.
• Follow up on employee welfare programs and benefits, including loans, salary advances, and related services.
• Handle administrative matters related to military service and Amriyeh.
• Coordinate with employee welfare and benefits service providers.
• Monitor budget and commitment limits, eligibility criteria, and required approvals for bonus payments.
• Review employee salaries against job grades and salary ranges and report any discrepancies.

Requirements:

• Minimum of 0 years of relevant experience in payroll.
• Hands-on experience in payroll calculation and monthly time and attendance closing.
• Good knowledge of Iranian Labor Law and Social Security regulations.
• Ability to identify and resolve discrepancies and collaborate effectively with Finance and managers.
• Familiarity with grading and evaluation concepts.
• Experience contributing to the design or implementation of job grade structures and salary ranges.
• Familiarity with internal equity, external competitiveness, and salary range concepts.
• High level of accuracy in documenting formulas, coefficients, and approvals.
• Good knowledge of Social Security regulations and payroll taxation.
• Strong knowledge of employee contracts and final settlement processes.
• Good command of Microsoft Excel.
• Experience working with payroll and time and attendance systems; experience with Rahkaran is considered an advantage.
• High level of accuracy and ability to manage and validate large volumes of data, particularly during high-pressure payroll closing periods.
• Ability to manage multiple deadlines simultaneously and deliver tasks on time.
• Strong follow-up skills and professional communication with employees and stakeholders.
• Strong sense of responsibility, integrity, and full commitment to confidentiality.
• High attention to detail.
• Ability to follow tasks through to completion.
• Familiarity with designing and calculating bonus models is considered an advantage.

Benefits:

• Health insurance
• Opportunities for professional growth
• Flexible working hours
• Military service exemption

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