OverviewTo process the payroll function in order to secure its efficient operations while abiding by the rules & regulations of the division. Ensure compensation and benefits plans are cost-effective and competitive by keeping abreast of the compensation and benefits trends in the field.ResponsibilitiesCompensation & Benefits Processing\xc2\xb7 Participates in the preparation of the yearly C&B payroll budget and monitors progress throughout the year.\xc2\xb7 Partakes in the compensation benchmarking exercise by consolidating and summarizing the generated market analysis data.\xc2\xb7 Participates in revamping the sales incentive schemes by channel to ensure competitive edge.\xc2\xb7 Monitors & follows up regularly with sales managers on the right implementation & processes of the incentive schemes.\xc2\xb7 Coordinates the accurate processing of payroll within a specified timeframe to ensure accordance with statutory requirements.\xc2\xb7 Calculates and processes all salary and wage increases in addition to other adjustments and termination payments to ensure accordance with statutory requirements.\xc2\xb7 Processes authorized deductions and allocations of labor costs (payroll taxes, NSSF deductions, employee benefits etc.) paid by both the employee and employer in order to calculate precise monthly wages.\xc2\xb7 Ensures that all payroll information on the computerized payroll system is updated to maintain reliability and to prepare accurate reports as required.\xc2\xb7 Facilitates the electronic & physical transfer of salaries and wages to financial institutions to ensure the confidential receipt of information on time.\xc2\xb7 Conducts all payroll accounting entries throughout the month and generate the monthly statement for relevant accounts.\xc2\xb7 Reconciles payroll general ledger accounts on monthly basis and at year end to ensure the matching of accounts.Organizing & Reporting\xc2\xb7 Ensures that all employee payroll information and documentation and records are received, accurate and complete and maintained to allow ease of access of full & updated personnel files.\xc2\xb7 Updates on monthly basis the C&B KPIs figures in addition to the consolidation of Recruitment and L&D KPIs to the HR dashboard\xc2\xb7 Provides effective solutions to administrative payroll issues to make them less time-consuming.\xc2\xb7 Prepares reports on payroll issues to achieve periodic review of policies and procedures.QualificationsAcademic Education & Professional Certifications\xc2\xb7 BA in Accounting\xc2\xb7 HR Certification is a plus
\xc2\xb7 3 - 5 years of experience in Payroll\xc2\xb7 Exposure to HR is a plusSkills & Competencies\xc2\xb7 Excellent command of Excel computer skills\xc2\xb7 JDE Payroll Software knowledge is a plus\xc2\xb7 Very Good Reporting skills\xc2\xb7 General Knowledge in accounting principles\xc2\xb7 Knowledge of Income & NSSF taxations\xc2\xb7 Knowledge of Labor Law

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