Payroll Accountant at Nestoil Plc

We are on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Payroll Accountant to join our diverse team in our Company.
In this role, you will manage the payroll process, ensure compliance with federal and state regulations, and maintain accurate payroll records.
The ideal candidate will have a strong understanding of payroll accounting principles and practices, excellent analytical skills, and the ability to work in a fast-paced environment.

As a Payroll Accountant, you will be responsible for:

• Managing the payroll process, including processing payroll, verifying payroll data, and ensuring accurate and timely payment of employees. 
• Ensuring compliance with federal and state regulations related to payroll, including tax withholding, benefits, and payroll deductions.
• Maintaining accurate payroll records and prepare reports for management and regulatory agencies.
• Reconciling payroll accounts and resolve any discrepancies in a timely manner.
• Collaborating with HR to ensure accurate employee data and maintain employee payroll records.
• Communicating with employees regarding payroll-related inquiries and issues.
• Providing support for audits related to payroll and benefits.
• Developing and implementing processes and procedures to improve payroll efficiency and accuracy.
• Assisting with other accounting and finance functions as needed.

What are we looking for

• First Degree in Finance/ Accounting/ Economics
• A postgraduate degree will be an added advantage.
• Minimum of 3-5 years of experience in payroll accounting
• Relevant professional qualification e.g., Institute of Chartered Accountants of Nigeria (ICAN), Association of Certified and Chartered.
• Familiarity with payroll software and systems, such as SAP is preferred.
• Strong understanding of payroll accounting principles and practices
• Excellent analytical and problem-solving skills
• Strong attention to detail and ability to work accurately in a fast-paced environment
• Knowledge of federal and state payroll regulations
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Excel