Compensation and Benefit Specialist at DAI

Reports to:
Head Human Resources

Job description
The Compensation and Benefits Specialist reports to the Head of Human Resources and work closely with the Manager Tax and Statutory payments.  H/she is responsible for the processing,  payments, reconciliation, and proper accounting of all Payroll-related transactions according to the company's policies, timelines, and procedures.

In addition;

• Responsible for ensuring accuracy, completeness and timeliness in processing, payments, transaction postings & reporting of all such payroll-related transactions.
• Shall be responsible for the upload of the approved Payroll data into the payment portal, ensuring that each transaction is uploaded correctly
• Shall attend to and resolve payroll related issues arising from the staff at any point in time.
• Maintain accurate records and prepare timely reports
• Ensure compliance with all relevant statutory deductions accurately
• Design a compensation package based on programme/organisation goals and strategy
• Conduct periodic compensation and organisation survey on market rates for decision making
• Keep abreast with the new trends and best practices in the field
• Ensure that compensation practices comply with current laws and regulations
• Make monthly reconciliation reports on total compensations to clarify the difference.
• Complete the final compensation and severance allowance for leaving employees.
• Gather information on hours worked for each employee for salary processing
• Calculate the correct amount incorporating overtime, deductions, bonuses
• Keep track of hourly rates, wages, compensation benefit rates, new hire information etc.
• Maintain effective relationship management with statutory regulators and insurance bodies for effective service delivery.
• Provides HR policy guidance and interpretation to staff.
• Responsible for enrolling all staff under relevant insurance cover.
• Provide payroll budget when required

Any other duties assigned
Role Specification

• Minimum of a B.Sc Degree in Management, Accounting, Human Resources or related field.
• 4 – 6 years proven experience in payroll, compensation and benefits management or similar role
• Hands-on experience with HRIS, Accounting and Payment Software is compulsory
• Good knowledge of payroll cycle and procedures
• Excellent knowledge of the Nigeria Labour Law and regulations of the field is required
• Proficient in MS Office and good knowledge of relevant software and databases
• Trustworthy with attention to confidentiality
• Outstanding organisational ability with great attention to detail
• Excellent communication and relationship management skills
• Good problem solving and analytical skills.
• Good supervisory, coaching and mentoring skills.