Payroll Analyst

JOB DESCRIPTION

Job Title: Payroll Analyst 

Department/ Unit: HR Shared Services

Job Grade: Assistant Banking Officer (ABO)

Job Summary: Support the business strategy by effectively making payments of FTE and Support staff salaries,

benefits and allowances.

Duties & Responsibilities

• Processes and pays salaries and allowances as authorized.
• Pays Upfront to staff as authorized. Handle the posting/allocation of contract service charges amongst various unit, Payment of commissionaire’s salaries.
• Pays staff benefits e.g terminal benefits, Housing, Education, 13th Month allowances, relocation allowances, etc.
• Handing of Oversea Medical payments to senior managers and above.
• Amortization of Medical allowance Support staff vendor management Staff Loan (Car, Mortgage and Personal) documentation and processing

Scope and Impact: Contributes to the timely reward system in line with Bank principle and Industry practice.

KEY PERFORMANCE INDICATORS

• Employee Satisfaction.
• Number of customer complaints
• Timeliness in processing loan requests.

JOB REQUIREMENTS

• First degree in any discipline, Professional Qualification.
• Minimum of 2-3 years’ experience in HR operations with at least 1 year in payment related capacity.

KEY COMPETENCY REQUIREMENTS

Job Knowledge

• Research, Evaluation and Report writing.
• Products knowledge.
• Reward processes and procedures.
• Knowledge of Banking Operations (domestic & International operations).
• Global reward System.
• Statutory regulations e.g. Requirements from CBN, NHF,PITAM.

Skills/Competencies

• Business Environment / Industry analysis.
• Interpersonal and communication skills.
• Business systems and Application.
• Organization and coordination skills.
•  Ability to manage several projects simultaneously.

At Workforce Group, we go beyond narrowly defined client issues, beyond conventional wisdom, beyond the expected, to create opportunities for our clients, candidates, colleagues, collaborators, and community. Through a network of diversified but highly complementary lines of businesses we have helped some of the most important and exciting organisations on the continent find the critical talent, access cutting edge advice and get innovative support they require to grow in a challenging market.
We support businesses and organisations of varying size, structure and maturity across diverse sectors such as Technology, Telecoms, Oil & Gas, Financial Services, Third Sector, FMCG etc. to enhance business performance, optimise for growth and achieve exceptional results.