Benefit and Data Administration Manager at Nigerian Breweries ( NB Plc )

KEY RESPONSIBILITIES

 Pensions Administration

• Carries out monthly reconciliation of contributions to ensure completeness/correctness.
• Issues and distributes monthly statements to all members as stipulated in the Pension Reform Act.
•  Interfaces with the Pension Fund Custodian on all contribution related issues.

 Benefit Administration

• Responsible for calculation of all benefits due to leavers
• Processes payment of all death benefits in liaison with the Insurance underwriters, Legal department and HR as the need arises.
• Responsible for benefit projection calculations as the need arises. (To aid management decision-making or on demand of members). 

Pensioner Management

• Handles payment of pensions for both existing and future pensioners via the pensioners’ payroll.
• Carries out physical verification of pensioners (Annually) in liaison with the custodians.
• Handles pension review calculation, advice of revised pension amounts and input of same into pensioners database as the need arises.
• Maintains pensioner personal records and updates same from time to time.

 Database Management     

• Maintains members and pensioners register in the database to include all relevant data. 
• Authority input of data into the database as the need arises.
• Regularly does a housekeeping of database to validate and authenticate all data contained therein.

 Communication & Engagement: 

• Develop and implement effective communication strategies to keep stakeholders informed and engaged.

Requirements

EDUCATIONAL QUALIFICATION

• Bachelor’s degree in finance Related Discipline e.g., Accounting, Business Administration, or other numerate discipline
• Professional Accounting Certification e.g., ICAN, ACA, ACCA, CPA, CIA, CISA, CISSP, CISM, etc. (will be an added advantage)

WORK EXPERIENCE

• 10 years post qualification experience, eight of which must be in the financial sector and four in a management position.
• Experience in the Pension Industry will be an added advantage.

KNOWLEDGE

• Knowledge on Pension Reform Act (2014)
• Knowledge on benefit processing (would be an added advantage)

SKILLS

• Advanced presentation and communication skills
• Office 365 (Power BI, PowerApps and Power Automate will be added advantage)