Payroll Accountant
Job description:
• Independently manage the full payroll cycle for Lithuanian and foreign entities, including salary calculations, overtime, bonuses, vacation pay, sick leave, and other compensation components.
• Ensure accurate and timely payroll processing in compliance with Lithuanian labor law, tax regulations, and internal company policies.
• Prepare and submit payroll-related tax declarations and reports to state authorities (VMI, SODRA), including GPM, VSD, and PSD contributions.
• Maintain and reconcile payroll accounts, resolve discrepancies, and ensure accurate general ledger entries related to payroll.
• Administer employee timesheets, attendance records, and employment documentation in accordance with legal requirements.
• Collaborate closely with the HR team to ensure accurate employee data, handle onboarding/offboarding payroll setup, and manage employment contract changes affecting compensation.
• Provide payroll-related support during internal and external audits, preparing necessary documentation and reports.
• Monitor changes in Lithuanian labor legislation and tax regulations, ensuring the company's payroll processes remain fully compliant.
• Cooperate with third-party payroll providers and tax consultants for foreign entities as needed.
• Contribute to the continuous improvement and automation of payroll processes and related internal controls.
Requirements:
- Minimum 2–3 years of professional experience in payroll accounting or payroll administration.
- Solid knowledge of Lithuanian labor law, payroll taxation (GPM, VSD, PSD), and social security regulations.
- Experience with payroll-related reporting to VMI and SODRA.
- Proficiency in payroll and/or ERP accounting software (e.g., Navision, SAP, or similar).
- Strong skills in Microsoft Excel for payroll data analysis and reconciliation.
- Excellent attention to detail, accuracy, and ability to handle confidential information with discretion.
- AI proficiency and experience in implementation of tools for process improvements
- Strong organizational skills with the ability to prioritize tasks and meet tight monthly deadlines.
- Fluent in Lithuanian and proficient in English (spoken and written).
Nice to have
- A degree in accounting, finance, economics, or a related field is preferred.
- Experience processing payroll for multiple entities or international group companies.
- Experience with payroll process automation or system implementation projects.
Company offers:
- Opportunity to join our Employee Stock Options program.
- Opportunity to help scale a unique product.
- Various bonus systems: performance-based, referral, additional paid leave, personal learning budget.
- Paid volunteering opportunities.
- Work location of your choice: office, remote, opportunity to work and travel.
- Personal and professional growth at an exponential rate supported by well-defined feedback and promotion processes.