Human Resources Officer at Bosak Microfinance Bank Limited

Job Description

• Ensures all payroll relevant transactions are collected and processed efficiently and obtain approval
• 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
• ll employees.

Qualifications / 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.

Salary
N80,000 – N150,000 / month.

Why Work With Bosak Microfinance Bank Limited?
If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you. We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential. Our remuneration and employee welfare packages are among the best in the industry. We offer the following Benefits:

• HMO
• Constant Training and Development
• Leave & Passage Allowance
• Performance Induced Pay
• 13th Month.