Payroll Officer at Ibadan Electricity Distribution Company (IBEDC) Plc

Location: Ibadan, Oyo

Job Objective

• To coordinate and administer employee rewards and statutory deduction/obligations      

Responsibilities

• Drives end to end processing of the organization’s payroll activities and month end consolidation – calculates employee salaries on a monthly basis
• Maintains and updates payroll records by entering changes in exemptions, insurance coverage, savings deductions, and job title and department/division transfers, etc.
• Compiles summaries of earnings, taxes, deductions, allowances and prepares reports for each pay period on quarterly and yearly basis
• Resolves payroll discrepancies by collecting and analyzing information
• Provides payroll information to relevant authority in accordance to company policies and procedures

Qualifications and Requirements
Educational Qualification:

• A Degree in Accountancy ,HR

Desired Experience:

• At least 3+ years experience in payroll administration with relevant experience in employee tax (PAYE), pension administration.

Functional Competence Requirements:

• Demonstrated experience in utilizing payroll software
• Proven experience with payroll processing - calculation of employee compensation, benefits, allowances, etc.
• Good understanding of payroll legislation and processes
• Good quantitative skills (basic calculations, analysis and accurate reporting)
• Demonstrated proficiency with Microsoft Office products (Outlook, Excel, PowerPoint, Word)