Job Summary
The Payroll Executive will oversee the complete lifecycle of employee compensation, from processing to disbursement, ensuring accuracy and compliance with company policies and regulations.
The role involves meticulously ensuring precise and punctual wage processing, managing statutory deductions and tax obligations, and upholding adherence to all relevant local labor and employment laws.
Core Responsibilties
Administer complete payroll operations on a monthly, bi-weekly, or weekly basis, encompassing the calculation of base pay, bonuses, overtime, and deductions.
Data Management: Verify and enter payroll data—including new hires, terminations, promotions, and leaves—into HR and payroll software.
Ensure all wage computations and tax deductions align precisely with applicable federal, state, and local regulatory standards.
Responsibilities include preparing payroll reports, reconciling payroll accounts, and supporting audit processes and variance analysis efforts.
Employee Support: Serve as the main liaison for staff regarding payroll-related concerns, including discrepancies, payment delays, and compensation questions.
Key Responsibilites
Efficiently processing all Payroll transactions is a key responsibility.
Statutory deductions are calculated and remitted in adherence to regulatory requirements.
Drafts credit and debit notes to accurately reflect financial adjustments, ensuring compliance with accounting standards and regulatory requirements.
The compilation and distribution of employee payslips are handled with precision. This role involves ensuring accurate calculation of wages, deductions, and net pay while adhering to established payroll schedules. Verification of payroll data against relevant records is a critical responsibility to maintain compliance and accuracy.
Develops and manages the generation and processing of invoices, ensuring accuracy and timeliness in all financial transactions.
Cross-verifying invoices against corresponding payments and expenditures to confirm their accuracy and consistency.
Overseeing the company’s accounts payable and receivable functions.
Responsible for generating and distributing invoices and billing statements to clients in a timely and accurate manner.
Responsible for maintaining accurate records of all organizational expenditures to ensure financial transparency and accountability.
Investigating and correcting discrepancies in payroll processing to ensure accurate and timely compensation for all employees is a primary responsibility. This involves identifying errors in payroll data, verifying calculations, and resolving issues promptly to maintain compliance with company policies and regulatory standards. Strong attention to detail and problem-solving skills are essential to address discrepancies efficiently and minimize disruptions to payroll operations.
Seeking a highly motivated individual to fulfill this role, the ideal candidate must possess a bachelor’s degree in a relevant field along with a minimum of three years of hands-on experience in the industry. Proficiency in specific software tools and technologies is essential, as is the ability to work both independently and collaboratively within a team. Strong analytical skills and attention to detail are required to ensure accuracy and efficiency in all tasks. Additionally, the candidate should demonstrate excellent communication abilities to effectively convey ideas and collaborate with stakeholders at all levels.
Earned a Bachelor of Science or Higher National Diploma in Accounting to establish a strong foundation in financial principles, reporting standards, and regulatory compliance.
With a minimum of three to five years of hands-on experience in account management within a well-established organization, you will bring valuable expertise to our team.
Individuals are expected to maintain proximity to the Iota Complex, VGC Leak, Lagos.
Proactive individuals with a keen eye for detail and strong proficiency in Excel are sought after for this position.
The position offers a comprehensive benefits package and competitive compensation, ensuring both financial rewards and overall well-being for employees. This includes health insurance coverage, retirement savings plans, paid time off, and additional perks tailored to individual and family needs. The compensation structure reflects market standards while aligning with the responsibilities and qualifications required for the role. Employees can expect equitable pay, performance-based incentives, and opportunities for professional growth to support long-term career advancement.
A monthly salary ranging competitively between ₦150,000 and ₦200,000 is offered.
Professional development and upward mobility opportunities are available.
We foster a cooperative and encouraging workplace culture that promotes teamwork and mutual assistance.
HMO and leave allowances are provided as part of the comprehensive benefits package, covering health maintenance organization membership and paid time off for eligible employees.
go to method of application
To submit your application, please utilize the designated link(s) accessible on the company’s website. For inquiries or submissions via email, refer to the provided email address(es) accordingly.
Qualifications
BA/BSc/HND
Experience Required
3 - 5 years
