Job description

Purpose Statement:

The Payroll Analyst plays a crucial role in ensuring accurate and timely processing of payroll for employees. The role involves managing various aspects of payroll administration, compliance with local regulations, and supporting the overall financial operations of the organization.

Key Responsibilities:

Payroll Processing:

Collect and process data related to employee work hours, leave, bonuses, and other payroll-related inputs.
Ensure accuracy and compliance with company

policies and relevant labor laws in Nigeria.
Collaborate with HR to update employee records, including new hires, terminations, and changes in employment status.

Compliance:

Stay updated on changes in local tax laws, labor regulations, and other statutory requirements related to payroll.
Ensure payroll processes adhere to legal and regulatory standards in Nigeria.
Prepare and submit required payroll-related reports to government agencies.

Data Analysis:

Analyze payroll data to identify trends, discrepancies, and areas for improvement.
Generate reports for management to support decision-making and strategic planning.

Communication and Support:

Respond to employee inquiries regarding payroll issues in a timely and professional manner.
Collaborate with HR and Finance teams to address and resolve payroll-related discrepancies.

System Maintenance:

Utilize and maintain payroll software to facilitate accurate and efficient processing.
Assist in the implementation and upgrading of payroll systems.

Minimum Qualification/Experience:

Bachelor’s degree in Finance, Accounting, Human Resources, or a related field.
Proven experience in payroll processing and administration, preferably in a similar industry or organization.
Knowledge of Nigerian labor laws, tax regulations, and statutory requirements.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Proficiency in using payroll software and Microsoft Office applications.