Payroll Officer at TeamAce Limited Full Time

Job Title: Payroll Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• The Payroll Officer is responsible for managing the company’s payroll process to ensure accurate and timely payment of salaries and wages to employees.
• This role involves calculating earnings, deductions, and taxes, maintaining payroll records, and ensuring compliance with relevant laws and regulations.

Key Responsibilities

• Payroll Processing: Process and manage the company’s payroll cycle, including calculating employee earnings, deductions, benefits, and taxes.
• Data Management: Maintain and update payroll records and employee information in the payroll system.
• Compliance: Ensure compliance with federal, state, and local payroll regulations, as well as company policies and procedures.
• Reporting: Prepare and distribute payroll reports, including payroll summaries, tax reports, and overtime reports.
• Problem Resolution: Address and resolve payroll-related inquiries and issues from employees promptly and accurately.
• Tax Filings: Prepare and file payroll tax returns and ensure timely payment of payroll taxes.
• Audits: Assist in internal and external audits related to payroll by providing required documentation and information.
• Continuous Improvement: Identify and recommend improvements to payroll processes and systems to enhance efficiency and accuracy.

Qualifications

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Relevant certifications (e.g., Certified Payroll Professional – CPP) are a plus.
• Experience: Minimum of 2-4 years of experience in payroll administration or a similar role.
• Skills: Strong numerical and analytical skills, proficiency in payroll software (e.g., ADP, Paychex), and Microsoft Office Suite, especially Excel.
• Knowledge: Thorough understanding of payroll laws and regulations, tax withholding, garnishments, and benefits administration.
• Competencies
• Attention to Detail: High level of accuracy and attention to detail in all payroll activities.
• Time Management: Ability to manage time effectively and meet tight deadlines.
• Confidentiality: Maintain strict confidentiality regarding employee information and payroll records.
• Communication: Excellent verbal and written communication skills, with the ability to communicate payroll information clearly to employees.
• Problem-Solving: Strong problem-solving skills to address and resolve payroll discrepancies and issues.

Salary
N150,000 – N170,000 monthly.

Application Closing Date
28th July, 2024.