Payroll Accountant

Overview

This role supports the organization’s Payroll Accounting function by ensuring accurate and timely payroll processing for Lithuanian and foreign entities, while maintaining full compliance with local labor laws and tax regulations.

Responsibilities

• 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 with the HR team to ensure accurate employee data, including onboarding/offboarding payroll setup and managing 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 to ensure ongoing compliance.
• Cooperate with third-party payroll providers and tax consultants for foreign entities as needed.
• Contribute to 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 and the ability to handle confidential information with discretion.
• Strong organizational skills, with the ability to prioritize tasks and meet tight monthly deadlines.
• Fluent in Lithuanian and proficient in English (spoken and written).
• A degree in accounting, finance, economics, or a related field is preferred.

Preferred Qualifications

• Experience processing payroll for multiple entities or international group companies.
• Familiarity with IFRS reporting requirements related to employee benefits and compensation.
• Experience with payroll process automation or system implementation projects.

Compensation & Benefits

• €30,000 - €40,000 a year (salary ranges may vary).
• Opportunity to join an Employee Stock Options program.
• Various bonus systems: performance-based, referral, additional paid leave, personal learning budget.
• Paid volunteering opportunities.

Location

Work location of your choice: office or remote, with an opportunity to work and travel.