Payroll Specialist at Ultimcred Limited

Job Description

• Ensure that all statutory deductions like PAYE, Pension, HMO. etc are all remitted tthe necessary organizations as at when due.
• Payroll information data entry
• Review all attendance report prepared by all site HRs and ensure there is nerror in the data gathered.
• Prepare all salary payroll for both outsourced and formal staff and upload when all review has been perfected.
• Ensure that all salaries are completely disbursed tboth the Outsourced and Formal Employees with 0% salary complaints
• Prepare payroll reports and provide monthly payroll data.
• Participate in salary and labour market surveys tdetermine prevailing pay rates and benefits.
• Enlighten Site HRs on how thandle salary complaint wherein such occurs.
• Ensure the employee assisted program is active and the beneficiaries get their reward as at when due.
• Ensure all salary payslip is delivered tall employees not more than 2 working days after the collection of their salary.
• Maintaining payroll operations by following policies and procedures
• Periodically update payroll information; collection, calculation, and data capture.
• Ensure employee confidence and protect payroll operations by keeping information confidential.

Compliance:

• Maintenance of required compliance documentation & internal control practices is in accordance with applicable laws and regulations
• Working relationship with company’s Legal department, keeps abreast of changes in laws, regulations and guidelines.
• Policy development and communication

Qualification & Work Experience

• Minimum of a Bachelor’s Degree in Human Resources, Management, Finance, Economics, related field or equivalent experience
• At least 2 years of payroll administration.
• Proficiency in the use of excel and its formulas tensure accuracy
• Must be analytical (Knowledge of other analytical tools will be an added advantage).
• Minimum of a Bachelor’s degree in human resources, management, finance, economics, related field or equivalent experience knowledge of Payroll and HR Compliance requirements in line with Nigeria Labor Law.