Payroll Specialist Job at Palmpay

Palmpay is a pan-African fintech company currently operating in Nigeria, Ghana, Kenya, Uganda and Tanzania and expanding to other markets this year. We’re reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Position: Payroll Specialist

Job Location: Ikeja, Lagos
Job type: Full Time

Job Summary


  • The Payroll Specialist is responsible for the accurate and timely processing of payroll, ensuring full compliance with statutory, tax, and regulatory requirements within the fintech/microfinance environment.

Key Responsibilities

  • Process monthly payroll accurately and on time.
  • Compute salaries, allowances, deductions, bonuses, and statutory contributions.
  • Ensure compliance with PAYE, pensions, NHF, NSITF, and other regulatory requirements.
  • Maintain payroll records and employee data confidentiality.
  • Reconcile payroll reports and resolve discrepancies.
  • Respond to employee payroll queries and provide support.
  • Collaborate with HR and Finance on payroll-related matters.
  • Prepare payroll reports for management and audits.

Requirements

  • Bachelor’s degree in Accounting, Finance, HR, or a related field.
  • 3–4 years of payroll experience, preferably in fintech, banking, or microfinance.
  • Strong knowledge of Nigerian payroll laws and statutory deductions.
  • Proficiency in payroll systems and Microsoft Excel.
  • High attention to detail, integrity, and confidentiality.

Salary
N300,000 - N350,000 per month.