HR / Payroll Officer at Bosak Microfinance Bank Limited

Responsibilities

• Ensures payroll data are maintained and updated from attendance machine and process for payroll information
• Maintaining payroll operations by following policies and procedures
• Maintain employees related ledger reconciliation with finance team and take necessary adjustment for correction
• Advise Financial Control Unit on expected fund for salary disbursement periodically in advance
• Compile summaries of earnings & deductions (Taxes, Pension, NHF, Loan, Leave, Gratuity etc.) and all statutory schedules/remittances for report and ensure payment accordingly
• Determine payroll liabilities by forecasting to mitigate the impact on P&L ledger and workers compensation payments with Finance Department
• Resolving payroll discrepancies and ensures all employees have access to their pay-slips
• Calculate and prepare employee entitlements accurately and promptly.
• Generate comprehensive monthly salary reports and manage statutory remittances (P.A.Y.E., Pension, Insurance reports, NSITF, Union dues, Co-operative, etc.).

External / Internal relationship:

• Lagos Internal Revenue Service (LIRS)
• Nigeria Social Insurance Trust Fund (NSITF)
• Pension Administrators/Pension Custodians
• Finance/Account Department
• Union Executives
• All employees.

Requirements

• B.Sc. / HND in Accounting, Human Resources or a relevant field.
• Relevant certifications (an advantage, but not mandatory).
• Minimum of 4 years experience in a similar role.
• Proficiency in payroll preparation using ERP software, preferably Microsoft Dynamics Business Central (Sage & Oracle experience considered).
• Advanced expertise in Microsoft Excel for data analysis and reporting.
• Exceptional attention to detail.
• Excellent communication skills, demonstrating clarity and conciseness.
• Strong organizational skills to manage multiple tasks effectively.
• If you are an experienced Payroll Manager with a meticulous mindset and a commitment to accuracy, we invite you to join our client’s team in this critical role