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 ProcessingParticipates in the preparation of the yearly C&B payroll budget and monitors progress throughout the year. * Partakes in the compensation benchmarking exercise by consolidating and summarizing the generated market analysis data.

• Participates in revamping the sales incentive schemes by channel to ensure competitive edge.
• Monitors & follows up regularly with sales managers on the right implementation & processes of the incentive schemes.
• Coordinates the accurate processing of payroll within a specified timeframe to ensure accordance with statutory requirements.
• Calculates and processes all salary and wage increases in addition to other adjustments and termination payments to ensure accordance with statutory requirements.
• 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.
• Ensures that all payroll information on the computerized payroll system is updated to maintain reliability and to prepare accurate reports as required.
• Facilitates the electronic & physical transfer of salaries and wages to financial institutions to ensure the confidential receipt of information on time.
• Conducts all payroll accounting entries throughout the month and generate the monthly statement for relevant accounts.
• Reconciles payroll general ledger accounts on monthly basis and at year end to ensure the matching of accounts.

Organizing & ReportingEnsures 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. * Updates on monthly basis the C&B KPI\xe2\x80\x99s figures in addition to the consolidation of Recruitment and L&D KPI\xe2\x80\x99s to the HR dashboard

• Provides effective solutions to administrative payroll issues to make them less time-consuming.
• Prepares reports on payroll issues to achieve periodic review of policies and procedures.

QualificationsAcademic Education & Professional Certifications

• BA in Accounting
• HR Certification is a plus
• 3 \xe2\x80\x93 5 years of experience in Payroll
• Exposure to HR is a plus

Skills & Competencies

• Excellent command of Excel computer skills
• JDE Payroll Software knowledge is a plus
• Very Good Reporting skills
• General Knowledge in accounting principles
• Knowledge of Income & NSSF taxations
• Knowledge of Labor Law

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