Job Description
Payroll Specialist
Application deadline: 
Workplace:  Onsite Position
Job Location (Short):  Seoul, Seoul Teugbyeolsi, Korea (the Republic of)
Contract Type:  Full-Time
Employment Type:  Regular

What is the job about?


The primary responsibility of Payroll Specialist is to be a close partner to business and local representative of Asia payroll and benefit organization. In this role, the Payroll specialist supports payroll and compliance process and procedure. The Payroll specialist is also the main contact point for associate inquiries, reporting, as well as third party communication 


Key Accountabilities


Overall, your tasks will cover: 

  • Coordinate various compensation-related activities to ensure that payroll is processed accurately and on time for Korea
  • Manage the monthly DB accrual process including the termination case.
  • Complete month end payroll journal file after payroll sign off as the end to end process
  • Calculating overtime, shift payments, and employee bonus and prepare payments for social benefits, individual tax, including tax/insurance settlement;
  • Be responsible for payroll reporting
  • Resolve payroll related enquiries from employees and managers
  • Prepare and support annual merit increase/ annual bonus payout process
  • Participant in the regional payroll process review and system consolidation projects
  • Work closely with payroll operation center to ensure the payroll data quality
  • Continuously improve the payroll operation process
  • Other projects and tasks assigned by manager


What’s in it for you?


You’ll be an invaluable part of the global team, a diverse network of pioneers guiding others in seeing possibilities, not problems. You’ll be instrumental in spreading our optimistic, positive attitude to facilitate pursuing opportunities and a good sense of purpose, embodying our six core values. We support you in navigating your own career and development path, offering you tools to hone your leadership craft, both within your field and to broaden your interest or expertise in diverse areas.


In addition, your day-to-day benefits include:


  • You will have the ability to make informed decisions, will be an integral part of building up important skills
  • The ability to work in a cross-cultural, inclusive environment that equally prioritizes well-being and achievement
  • You will have more feasibility to get to know about global payroll process in our global organization


Your Background?


  • Bachelor’s degree or any related field and with significant knowledge in payroll process.
  • Ideally, 3 years and above experience in HR, 2+ years in Payroll function for 300+ employees.
  • Be familiar with local labor law and tax policy
  • Experience with SAP, SuccessFactor
  • English should be working language
  • Familiar with Office software, especially in Excel and PPT Skills


Do you want to learn more?


This position is based out of Seoul. If this sounds appealing to you, please upload your CV/resume and cover letter today via our Careers portal.


If you want to dig deeper into the Grundfos universe, please visit us on LinkedIn or Youtube and to get to know some of your future colleagues and why they appreciate working at Grundfos, check out Meet our people.


We look forward to hearing from you


About Grundfos 
Grundfos is one of the world’s leading water technology companies with more than 19.000 employees in 60+ countries all over the world. Our skills commit us to pioneering solutions to the world’s water and climate challenges and improve the quality of life for people. We dare to do things that others cannot or dare not do, as we believe innovation is not only a business opportunity, but an obligation. And what really matters to us is not short term profit, but the impact we make. By becoming part of our united powerful team, you too can drive this change no matter your role.

An inclusive team
If you like the look of this job and know you can bring your skills to contribute to our purpose, please apply. We need and welcome professional people from all corners – however you identify and whatever your background is.