You will

• Manage the end-to-end payroll process, ensuring accurate and timely salary calculations and payments

• Prepare and process monthly payroll, including salaries, bonuses, benefits, allowances, and other employee-related payments

• Ensure accurate calculation of payroll taxes, social security contributions, and other statutory deductions in accordance with local legislation

• Prepare and submit payroll-related reports and declarations to relevant authorities

• Maintain and reconcile payroll accounts, ensuring accurate payroll records and supporting monthly and annual closing processes

• Manage employee payroll data and documentation, including new hires, terminations, salary changes, absences, and other payroll-related updates

• Cooperate with HR, Finance, and other internal teams to ensure smooth payroll operations and resolve payroll-related queries

• Monitor changes in payroll legislation and ensure compliance with applicable regulations

• Identify opportunities to improve payroll processes, increase efficiency, and support automation initiativesAbout you 

• You are detail-oriented and organised, with a strong sense of responsibility and ownership
• You enjoy working with numbers, ensuring accuracy, and meeting deadlines
• You are proactive, solution-oriented, and able to work independently while collaborating effectively with others
• You have a confidential and professional approach when handling sensitive employee and payroll information
• You are comfortable communicating with different stakeholders and explaining payroll-related matters clearly

Sound familiar? Great! Shoot us a message and let’s see where this connection takes us!

To fit in here you’ll need:

• A bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Previous experience in payroll accounting or a similar payroll-related role
• Good knowledge of payroll accounting principles, employment-related taxes, and statutory reporting requirements
• Understanding of Latvian payroll legislation, including personal income tax and social security contributions
• Practical experience with MS Office, particularly MS Excel, including pivot tables, data analysis, and formulas
• Experience working with ERP, payroll, or accounting systems; knowledge of Microsoft Dynamics, Axapta, or similar systems will be considered an asset
• Strong analytical skills, high attention to detail, and the ability to manage multiple tasks while meeting deadlines
• Fluent Latvian and good English skills, both written and spoken
• Willingness to learn, adapt, and develop knowledge of new procedures, systems, and technologies
• AI proficiency and tech-savviness: Hands-on experience using Claude and ChatGPT is a must. Candidates should be comfortable integrating AI tools into their daily workflow to improve efficiency, solve problems, and enhance the quality of their work.

Reasons why you’ll love it here

At Balcia, we're building a different kind of insurance company, one that moves fast, challenges the status quo, and puts people at the centre of everything we do. You'll work in a modern office in Riga city centre with hybrid work opportunities and occasional access to Balcia offices across Tallinn, Warsaw, and Vilnius. We believe flexibility helps people do their best work.

Our flat organizational structure means less bureaucracy and more ownership. You'll have the freedom to make decisions, contribute ideas, and create real impact. We trust people to take initiative and own the outcome.

We're also not big fans of "that's how it's always been done." We continuously challenge ourselves to improve, experiment, and find smarter ways of working. We call this Outsmart Yesterday.

At the same time, we believe high performance and humanity go hand in hand. We communicate openly, support one another, celebrate successes, and learn from mistakes together. That's how we stay human and keep it crystal clear.

To help you succeed, we'll provide structured onboarding, the tools you need, and opportunities to keep learning and growing throughout your journey with us.

If you're looking for a place where you can make an impact, grow quickly, and help shape the future of insurance, we'd love to meet you.