Payroll Specialist (6‑month contract)

About the role

Alvotech is seeking a Payroll Specialist on a 6‑month contract, with the possibility of extension, to ensure accurate and timely payroll processing while maintaining compliance with Icelandic labour laws and internal policies.

Key responsibilities

• Process monthly payroll accurately and on time, reviewing salaries, overtime, bonuses, allowances and deductions.
• Maintain employee payroll records in HR and payroll systems and calculate final settlements, vacation pay and other employee payments.
• Ensure compliance with Icelandic labour legislation, tax regulations, social security requirements and collective bargaining agreements.
• Prepare and submit payroll‑related reports and declarations to authorities and third‑party providers.
• Support month‑end, year‑end activities, internal and external audits, and respond to employee and manager inquiries.

Required profile

• Bachelor’s degree in Business Administration, Accounting, Human Resources or related field, or equivalent experience.
• Minimum 3 years of payroll administration experience, preferably in a multinational environment.
• Strong knowledge of Icelandic payroll practices, taxation, pension administration and union requirements.
• Fluent in Icelandic and English, both written and spoken.

Required skills

• Advanced Excel skills.
• Experience with payroll and HR information systems.
• Ability to handle confidential information with discretion.