Specialist, Salary Payment at First Bank

Job Objective(s)

• To ensure accurate and timely payment of salaries and allowances by initiating  payroll runs while ensuring all parametres are activated to carry out payments.

Duties & Responsibilities

• Setting up of staff details on PFMS for payment purpose.
• Cross-check information before crediting salary in employee’s bank accounts. This allows you to identify errors and adjust them before salary payment.
• Creation and setting up all pay elements as detailed on pay slips
• communicates with external contacts to resolve complicated payroll issues
• Monthly payroll processing.
• Monthly costing of payments to various cost centers.
• Daily leave payroll processing.
• Weekly leave payment costing processing.
• Quarterly payroll/costing processing.
• Annual payroll/costing to various cost centers
• Ad-hoc payment/costing processing e.g. Promotion arrears, PFP, bonuses e.t.c.
• Report generation from Finacle and PFMS on request by Stake holders
• Using TTUM application for upload.
• Handle and attend to all payroll enquiries.
• Report generation from Finacle and PFMS on request by Stake holders
• Using TTUM application for upload.
• Handle and attend to all payroll enquiries.
• Review promotion arrears and notch increment
• Collaboration with Application Solutions and IT infrastructure Department for resolution of any system challenge that could hinder excellent service delivery.
• Other duties as assigned by the Head of the Unit.
• As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook
• Seek approvals when necessary from CBN as regards Transactions
• Maintains and update customer utilization registers for customer’s USD line
• Account Proofing
• Ensure Transactions are flown through the FSS workflow

Job Requirements
Education:

• Minimum Education: First Degree in any discipline

Experience:

• Minimum experience - 1 year working experience in foreign operations