Summary:
The Payroll Analyst ensures precise and prompt payroll processing, maintains statutory compliance, generates payroll reports, administers HRIS systems, and oversees outsourced workforce payroll operations.
This position acts as a critical liaison among People Operations, Finance, external agencies, and staff, safeguarding payroll accuracy, adherence to regulations, and outstanding employee support.
Duties include overseeing daily operations to ensure efficiency, managing a team of professionals to achieve organizational goals, and maintaining high standards of quality in all deliverables. Additionally, the role involves developing and implementing strategic initiatives to drive growth, analyzing performance metrics to identify areas for improvement, and fostering strong stakeholder relationships to enhance collaboration. The position also requires ensuring compliance with industry regulations, preparing comprehensive reports for senior leadership, and providing mentorship to team members to support their professional development.
Responsibilities include managing and processing payroll transactions, ensuring accurate and timely disbursement of employee salaries, and maintaining compliance with relevant tax regulations and labor laws. Additionally, the role involves reconciling payroll data, generating reports, and addressing any discrepancies or employee inquiries related to compensation.
Oversee the complete payroll processing cycle for all employees, guaranteeing precision and prompt disbursement of funds.
Gather, verify, and align payroll inputs such as new employee data, terminations, attendance records, overtime hours, allowances, deductions, bonuses, and any necessary adjustments.
Compute and administer monthly and quarterly incentive disbursements in strict accordance with established reward policies and performance evaluation frameworks.
Ensure adherence to all applicable statutory and regulatory requirements governing the organization’s operations. Develop and implement comprehensive compliance programs, policies, and procedures to mitigate legal risks and maintain regulatory alignment. Conduct regular audits and assessments to evaluate compliance effectiveness, identify gaps, and implement corrective actions. Stay abreast of evolving laws, regulations, and industry standards to proactively address emerging compliance challenges. Collaborate with legal, operational, and executive teams to foster a culture of compliance across all levels of the organization.
Accurately compute and remit statutory deductions in strict compliance with Nigerian labor and tax laws.
Ensure ongoing awareness of current labor laws, tax regulations, and mandatory statutory obligations.
Compliance with all applicable payroll and tax regulations must be maintained at all times.
The position entails preparing reports and conducting analytical assessments to support data-driven decision-making processes. This includes compiling and interpreting data, identifying trends, and generating actionable insights to enhance organizational performance and strategic planning. Proficiency in analytical tools and software is required, along with the ability to communicate findings clearly to stakeholders at all levels.
Compile and present monthly payroll summaries, personnel cost reports, and statutory reports for review by management and the Finance department.
Assist HR and Finance teams by providing support for budgeting and forecasting staff-related expenditures.
Ensure the confidentiality of payroll data while maintaining precise and accurate records.
Provide finance with annual payroll and HR data reports essential for conducting financial audits and performing year-end evaluations.
Compile and deliver HR metrics essential for ESG disclosures, as mandated by external investors and partners.
Duties include analyzing current systems and workflows to identify inefficiencies and areas for enhancement. Responsibilities encompass developing and implementing process improvements to boost productivity, reduce operational costs, and elevate overall performance. Collaboration with cross-functional teams is essential to ensure seamless integration of new solutions. Additionally, this role involves monitoring the effectiveness of implemented changes and making data-driven adjustments as needed. Proficiency in process mapping and workflow optimization techniques is required, along with strong analytical and problem-solving abilities.
Ensure the HRIS and payroll systems remain current and accurate by performing regular maintenance and updates.
Collaborate on the enhancement, evaluation, and deployment of system upgrades to guarantee that payroll and HRIS functionalities align with organizational objectives.
Provide assistance and guidance to employees and contracted personnel to ensure seamless operations and adherence to company policies. Address inquiries, resolve issues, and facilitate training or resource access to enhance productivity and maintain compliance with organizational standards.
Respond promptly and professionally to payroll inquiries from direct employees, clarifying any questions regarding deductions, benefits, and company payroll policies.
Act as the main point of contact for external agencies, overseeing adherence to service level agreements (SLAs), maintaining precise records, providing necessary training, processing payroll inputs, and driving strong performance management for all staff managed by these agencies.
The role involves overseeing staff attendance, adherence to disciplinary standards, and overall performance evaluation, ensuring accurate validation of statutory remittances, invoices, and monthly submissions. Additionally, it requires promptly identifying and escalating concerns related to absenteeism, non-compliance, or substandard performance to appropriate stakeholders.
Seeking candidates with a minimum of five years of relevant professional experience, alongside a bachelor’s degree or higher in a related field. Proficiency in industry-standard software and tools is essential, as is the ability to demonstrate strong analytical and problem-solving skills. Prior leadership or project management experience is highly desirable, as is familiarity with current regulations and compliance standards. Excellent communication and teamwork abilities are required to collaborate effectively across departments and stakeholders.
A bachelor’s degree in Accounting, Finance, Economics, Human Resources, Business Administration, or a closely related discipline is required.
Seeking a candidate with a proven track record of 3 to 5 years in payroll administration, compensation management, HR operations, or a closely related field.
Possesses in-depth expertise in Nigerian payroll regulations, tax compliance frameworks, pension management systems, and employment legislation.
Proven expertise in utilizing Human Resource Information Systems (HRIS) and payroll management software.
Proven expertise in utilizing Microsoft Excel and payroll reporting systems with a high level of proficiency.
Professional certifications, particularly the Certified Information Privacy Manager (CPM) or equivalent credentials, are advantageous.
Demonstrated expertise in the following key areas is required: proficiency in project management methodologies, including Agile and Waterfall frameworks; strong analytical and problem-solving capabilities to address complex business challenges; excellent communication skills to facilitate cross-functional collaboration; and a commitment to continuous learning and professional development. Candidates must possess a minimum of five years of relevant experience in a similar role, along with a proven track record of delivering measurable results in past positions. Additionally, the ideal applicant will exhibit leadership qualities, adaptability to evolving industry trends, and the ability to influence stakeholders at all organizational levels.
Demonstrates meticulous attention to precision and thoroughness in all tasks.
Demonstrates exceptional proficiency in analytical reasoning and quantitative analysis, with a keen ability to interpret numerical data effectively.
Maintaining strict confidentiality and ensuring the integrity of sensitive information remain paramount priorities.
Proven expertise in resolving complex challenges efficiently and effectively.
Exceptional ability to manage stakeholders effectively while maintaining clear and concise communication throughout all interactions.
Demonstrates a strong commitment to enhancing processes and adopting a systems-oriented approach to problem-solving.
Proven capability to prioritize and deliver multiple tasks efficiently within a high-pressure setting while maintaining accuracy and attention to detail.
Qualifications
BA/BSc/HND
Experience Required
3 - 5 years
