The Payroll Officer is responsible for overseeing and managing the organization's payroll functions, ensuring that pay is processed on time, accurately, and in compliance with government regulations.
Key Responsibilities
Ensure accurate input and updating of payroll data in the payroll system.
Ensure compliance with relevant tax laws, government regulations, and company policies regarding payroll.
Prepare and file required tax forms, such as PAYE (Pay As You Earn)
Generate payroll reports for internal use and for audit purposes, including monthly, quarterly, and annual reports.
Resolve discrepancies or issues related to payroll in a timely and professional manner
Maintain accurate payroll records and ensure proper documentation is kept for audits.
Update employee records when there are changes in employment status, salary adjustments, or personal details.
Process timesheets and maintains salary variations on a monthly basis including all allowances, new staff, terminations, leave and other relevant information on the computerized database in current and accurate form.
Work closely with the finance department to reconcile payroll expenses and provide accurate financial data.
Reconciliation of Invoices to determine the accuracy and completeness of receipts from the clients
Liaise with Human Resources and other departments when investigating and responding to queries regarding payroll.
Academic qualifications
Minimum of Bachelor’s degree/HND in Accounting, Finance, Business Administration, or a related field
A Master’s degree in Accounting, Finance, Business Administration, or a related field and/or professional certification would be an added advantage
Extensive experience in payroll processing, with at least 5-8 years’ experience preferably in a similar position
Strong knowledge of payroll laws, regulations, and best practices
Proficiency in Microsoft Office Suite, with an advance MS Excel skills.
Skills:
Excellent organizational and time management skills
Strong attention to detail and accuracy
Excellent communication skills, both verbal and written
Proficiency in payroll software and Microsoft Office Suite, particularly Excel
Ability to manage multiple tasks and meet deadlines in a fast-paced environment.