PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.
We are recruiting to fill the position below:
Job Title: Payroll Specialist
Location: Lagos
Employment Type: Full-time
Role Summary
- We are seeking an experienced Payroll Specialist who will be responsible for ensuring accurate and timely processing of the company’s payroll.
- This role involves meticulous attention to detail in calculating wages, preparing and processing payments, and resolving payroll discrepancies. As a payroll specialist, you must be able to use MS Excel with accuracy and efficiency.
- You must be very good with numbers and can be trusted with sensitive information.
- You must also possess great communication skills to interact with colleagues and executives.
- The goal is to ensure personnel receive the correct compensation in a timely manner.
Responsibilities
- Gather information on hours worked for each employee
- Calculate the correct amount incorporating overtime, deductions, bonuses
- Receive approval from upper management for payments when needed
- Address and resolve employee complaints relating to the payroll system
- Work with company database programs to process payroll
- Prepare reports to relevant departments about payroll, company budget and expense
- Prepare and execute pay orders through an electronic system
- Administer statements of payment (Pay Slips) to personnel either electronically or on paper
- Process taxes and payment of employee benefits
- Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
- Address issues and questions regarding payroll from employees and superiors
- Prepare reports for upper management.
Required Skill Set
Must Haves:
- Bachelor’s Degree in Accounting, Finance, Math & Statistics or related field.
- 3 years proven experience as payroll specialist or payroll manager
- Solid understanding of accounting fundamentals and payroll best practices
- Very good knowledge of legislation and regulations of the field
- Proficient in MS Office and good knowledge of relevant software and databases
- Trustworthy with attention to confidentiality
- Outstanding organizational ability with great attention to detail
- Excellent communication skills
Desired:
- Experience in a Fintech/ Financial institution with a relatively large workforce.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
