Job Description: Payroll Accountant & Bookkeeper

A leading international defense company is seeking an experienced Payroll Accountant and Bookkeeper for a diverse and significant role that combines broad responsibility across both payroll and bookkeeping functions.

This position involves substantial ownership over the payroll domain alongside ongoing bookkeeping duties, within a collaborative finance team that includes several bookkeepers and an additional payroll accountant.

Responsibilities

Payroll Accounting

• Manage the full payroll cycle, including data collection, salary calculations, pay slip generation, allocations, monthly reports and submissions (Social Security, Income Tax deductions), and annual reports (Forms 106 and 126).
• Prepare payroll under a variety of employment conditions, including calculation of employment costs, vacation accruals, pension and insurance contributions, and social benefit entitlements.
• Manage reserve duty (“Miluim”) reimbursement processes.
• Onboarding of new employees and handling termination processes, including preparation of Form 161 and verification of severance and payout data.
• Provide support for the time & attendance system (Harmoney/Synerion).
• Ensure full compliance with labor laws, wage regulations, and all applicable statutory guidelines.
• Serve as a point of contact for employees and managers, providing professional and timely payroll support.

Bookkeeping

• Handle accounts payable: invoice processing, payments, standing orders, and reconciliations.
• Manage and reconcile bank accounts and credit card statements.
• Post journal entries, prepare monthly closings, and perform intercompany reconciliations.
• Process employee expense reimbursements, travel expenses, and related controls.
• Prepare and submit reports to authorities: Income Tax, VAT.
• Provide general assistance to the finance department, including filing and administrative support as needed.

Requirements

• Certified Payroll Accountant – mandatory.
• Bookkeeping Level 3 certification – mandatory.
• 3–5 years of proven experience in bookkeeping and payroll – mandatory.
• Strong knowledge of labor laws and wage regulations – mandatory.
• Good command of English; required for work with subsidiaries.
• Experience with SAP, Synel/Synerion, and NeoPay – an advantage.
• Excellent Excel skills.
• High accuracy, organization, responsibility, and analytical abilities.
• Strong service orientation, good interpersonal skills, and ability to work effectively in a team.

Full-time position in Modiin.

Open to all genders.

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