• Application Deadline:
• Position: Benefit and Compensation Officer



• Job Type Full Time



• Qualification BA/BSc/HND , Professional Certificate



• Experience 7 years



• Location Oyo




• City Ibadan




• Job Field Human Resources / HR 
  
  

Job Summary

• The Benefits and Compensation Officer is responsible for the strategic management and administration of employee compensation, benefits, payroll, and tax compliance.


• The role ensures accurate payroll processing, efficient benefits administration, and full compliance with statutory regulations, particularly within a manufacturing environment characterized by shift operations, overtime, and large workforce management.

Key Responsibilities

Compensation & Benefits Management:

• Design, implement, and manage competitive compensation and benefits structures aligned with company strategy.


• Administer employee benefits programs including pensions, health insurance, leave management, bonuses, and allowances.


• Conduct periodic salary benchmarking and compensation reviews to ensure market competitiveness.


• Support management in salary reviews, promotions, and incentive schemes.

Payroll Administration:

• Oversee end-to-end payroll processing for all categories of staff (permanent, contract, shift workers).


• Ensure accurate computation of wages, overtime, shift allowances, bonuses, and deductions.


• Review and validate payroll inputs to ensure accuracy and compliance with company policies.


• Manage payroll reconciliation and resolve discrepancies promptly.


• Generate payroll reports for management decision-making.

Tax & Statutory Compliance:

• Ensure accurate computation and timely remittance of statutory deductions including PAYE, pension contributions, NHF, NSITF, and other applicable levies.


• Prepare and file monthly and annual tax returns in compliance with regulatory requirements.


• Liaise with tax authorities and external consultants on tax audits, assessments, and compliance matters.


• Stay updated on changes in tax laws and labor regulations and advise management accordingly.

Financial Control & Reporting:

• Maintain proper documentation and audit trails for payroll and benefits transactions.


• Support internal and external audits by providing required payroll and tax documentation.


• Prepare periodic reports on compensation trends, payroll costs, and statutory obligations.


• Ensure strong internal controls over payroll and benefits processes.

Employee Relations & Advisory:

• Provide guidance to employees on compensation, benefits, and tax-related matters.


• Address and resolve payroll-related queries and disputes in a timely manner.


• Collaborate with HR and line managers to ensure proper implementation of compensation policies.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, Economics, Human Resources, or related field.


• Minimum of 7 years’ relevant experience, preferably within a manufacturing environment.


• Professional certification such as ICAN, ACCA, CIPM is highly desirable.


• Strong knowledge of payroll systems, compensation structures, and statutory requirements.


• In-depth understanding of labor laws and tax regulations.

Key Skills & Competencies:

• Strong analytical and problem-solving skills


• High level of accuracy and attention to detail


• Confidentiality and integrity


• Advanced proficiency in Microsoft Excel and payroll software


• Strong communication and stakeholder management skills


• Ability to manage large workforce payroll and meet strict deadlines.