Compensation and Benefit Associate at Food Concepts Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
8 days ago

Additional Details

Job ID
144206
Job Views
30

Job Description






Job Purpose




  • To drive the payroll strategy that supports business divisions by delivering accurate, timely, and compliant payroll services, while providing proactive, customer-focused support, guidance, and resolution of compensation and benefits matters for operations staff.



Core Responsibilities and Key Result Areas



Payroll Management and Benefit activities




  • Coordinate the MPR report and collate feedback accordingly.

  • Validate pre-payroll data for operations team (new hires, terminations, leaves, promotions, etc.) and input approved changes into the HRIS.

  • Ensure all operation new hires and reinstated employees are accurately captured in the system for payroll processing.

  • Prepare final entitlements for operations employees exiting the organization through resignation or retirement.

  • Monitor the accurate processing of operation staff appointments, transfers, promotions, and terminations.

  • Monitor and guide stores on staff coverage and collate their responses.

  • Prepare payment requests for each division in alignment with payroll summary totals.

  • Ensure compliance with labor laws, tax regulations (FIRS), and company policies.

  • Prepare and execute monthly payroll activities, ensuring all employees are paid promptly and accurately.

  • Ensure accurate computation of store incentives for both monthly and quarterly cycles.

  • Ensure all employees in incentive-eligible stores are paid correctly.

  • Monitor breakfast entitlements to ensure all eligible stores are paid and supplied accordingly.

  • Upload exit data collected via email and MPR into the HRIS.

  • Ensure accurate and proper staff deductions

  • Support and monitor officers and interns in the execution of assigned tasks.

  • Conduct refresher training for all stores quarterly on the usage of HR process and HRIS

  • Employee Support & Issue Resolution

  • Address payroll inquiries (suspended salaries, tax issues, refunds) promptly and professionally.

  • Support the employees on Pension and Tax registration

  • Guide employees on payroll policies, payslips, and document approval.

  • Collaborate with HR/Benefits teams to ensure correct benefit enrolments and deductions.

  • Provide support to store teams in the effective use of the ERP software and all HR platform

  • Ensure all inquiries and complaints received via email are responded to and resolved within 24 hours.



Reporting & Analysis




  • Prepare monthly report on number of documents approved.

  • Prepare report on number of store with store coverage responses

  • Prepare report on terminal computation

  • Prepare report on absence and product shortage deduction

  • Prepare report on monthly breakfast supply

  • Prepare a monthly report on the exit reasons for staff who have left the organization.

  • Maintain deduction schedules (HMO, loans, uniforms, staff meals) and ensure proper payroll documentation.

  • Support internal/external audits by providing requested payroll records and resolving discrepancies.



Key Performance Indicators




  • Payroll Accuracy rate

  • On-Time Payroll Processing.

  • Adherence to Statutory compliance.

  • Benefits Enrolment Accuracy.

  • New Hire/Termination Processing Speed

  • Accuracy In Incentives Computation

  • Turn around time in resolving



Job Specifications




  • Minimum of university degree or equivalent in Industrial Relations and Labour

  • Membership of the CIPM, or any other related professional qualification is required

  • 2 - 4 years working experience in HR field



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