HR / Payroll Officer Job at Bosak Microfinance Bank Limited

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016.

Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

We are recruiting to fill the position below:

Job Position: HR / Payroll Officer

Job Location: Ikeja, Lagos
Employment Type: Full-time

Responsibilities

• Ensures payroll data are maintained and updated from attendance machine and process for payroll information
• Maintaining payroll operations by following policies and procedures
• Maintain employees related ledger reconciliation with finance team and take necessary adjustment for correction
• Determine payroll liabilities by forecasting to mitigate the impact on P&L ledger and workers compensation payments with Finance Department
• Resolving payroll discrepancies and ensures all employees have access to their pay-slips
• Calculate and prepare employee entitlements accurately and promptly.
• Advise Financial Control Unit on expected fund for salary disbursement periodically in advance
• Compile summaries of earnings & deductions (Taxes, Pension, NHF, Loan, Leave, Gratuity etc.) and all statutory schedules/remittances for report and ensure payment accordingly
• Generate comprehensive monthly salary reports and manage statutory remittances (P.A.Y.E., Pension, Insurance reports, NSITF, Union dues, Co-operative, etc.).

External / Internal relationship:

• Lagos Internal Revenue Service (LIRS)
• Nigeria Social Insurance Trust Fund (NSITF)
• Pension Administrators/Pension Custodians
• Finance/Account Department
• Union Executives
• All employees.

Requirements

• B.Sc. / HND in Accounting, Human Resources or a relevant field.
• Minimum of 4 years of  experience in a similar role.
• Relevant certifications (an advantage, but not mandatory).
• Proficiency in payroll preparation using ERP software, preferably Microsoft Dynamics Business Central (Sage & Oracle experience considered).
• Advanced expertise in Microsoft Excel for data analysis and reporting.
• Exceptional attention to detail.
• Excellent communication skills, demonstrating clarity and conciseness.
• Strong organizational skills to manage multiple tasks effectively.
• If you are an experienced Payroll Manager with a meticulous mindset and a commitment to accuracy, we invite you to join our client's team in this critical role

Salary
N100,000 - N150,000 / Month.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Position as the subject of the mail.