The role player will be responsible for tracking and managing the Company’s Payroll Data, Remitting Payroll Taxes, preparing monthly, quarterly and year-end payroll statements.
He will be required to track employee work hours, prepare compensation cheques, calculate bonuses and allowance, respond to employee questions about wages and deductions and comply with government regulations.
Co-ordinate and ensure activities of payroll transactions are processed efficiently
Entering new employee data into the company database.
Ability to handle confidential information.
Familiarity with state labour laws.
Manage payroll workload to meet operational requirements by collecting, calculating and entering data in order to maintain and update payroll information.
Compile summaries of earnings, taxes, deductions, leave, and non-taxable wages and report on it and also administer benefit plans and workers compensation payments and pensions.
Oversee compliance with statutory reporting and filing requirements
Compile data from payroll sources while scheduling electronic payments and handing out pay cheques.
Prepare relevant weekly, monthly, quarterly and year-end reports
Monitor the accurate processing of staff appointments, transfers, promotions and terminations
Prepare and review payroll account reconciliations
Maintain accurate account balances
Ensure the maintenance of current employee data systems
Ensure all payroll information and records are maintained in accordance with statutory requirements
Support all internal and external audits related to payroll
Process payroll checks for non-management, management and Executive Staff
Compliant to new legislation impacting payroll
Manage and resolve issues relating to payroll production
Performance manage and develop payroll staff.
Job Requirements (Qualification & Skills / Experience)
B.Sc or HND Accounting, Human Resources, or similar field
3 - 5 years’ experience in FMCG Company
Proficiency in relevant and accounting software i.e. (ERP & SAP etc) / IT Skills (Advanced Excel)
Previous Experience working as a Payroll Officer
Certified Payroll Professional designate will be an added advantage
Strong mathematical knowledge / Accounting principles and practices / understanding of applicable Local, State and Federal compliances and Labour laws
Ability to engage with high level internal & external partners’ stakeholders
Self-motivated and a Team player.
For this role, the successful candidate must be quick to learn and be a team player, as he will be expected to participate and contribute to the overall success of the team.