Payroll Officer at Avetium Consult Limited

Job Responsibilities

• Execute salary administration activities including preparation of annual budget of Salary Unit, reviewing salaries journal vouchers,
• Monitoring amortizations and accrual of salaries and reconciliations.
• Keep accurate and up to date records of all payroll related payments made to statutory authorities
• Run the payroll software ensuring accuracy and completeness of data.
• Undertake payroll processing and prompt disbursement of salaries for national and expatriate staff.
• Coordinate the preparation of year-end tax forms (Form A) for both national and expatriate staff and file tax returns in compliance withthe guidelines of the statutory authorities.
• Process and obtain tax clearance certificates for all national and expatriate staff.
• Facilitate the allocation of payroll costs to the relevant budget heads and general ledgers.
• Prompt reconciliation of payroll general ledgers and bank accounts.
• Ensure prompt booking and reconciliation of all inter-company payroll transactions involving national and expatriate staff.
• Administer statutory audit (concerning PAYE, ITF, Pensions, NSITF Employee Compensation Scheme (ECS) and NHF)
• Participate in internal and external audits- Make available relevant data and provide responses to audit queries.
• Prepare relevant annual pension remittance reports for filing with the National Pension Commission (PENCOM).
• Prepare and file monthly, quarterly and annual returns on all MTN employees with NSITF, ITF, Tax Authorities & FMBN/NHF.
• Coordinate the processing, remittance, reconciliation and reporting of all payroll related statutory liabilities (PAYE, NHF), ensuring.
• Ensure value is created when responding to enquiries regarding budget procedures and information from customers
• Register new MTNN staff with State and Federal Board of Inland Revenue (SBIR, FIRS) and other regulatory agencies to avert penaltythat may arise.
• Provide advice and explanation to staff with payroll related statutory deductions
• Coordination of relevant payroll inputs
• Provide answers to all payroll related queries.
• Continuously research for innovative ways of improving the reconciliation process and provides prompt reconciliation statements
• Prompt identification and impact analysis of payroll related laws and regulations guiding statutory deductions
• Continuous improvements on processes and procedures