Payroll Loan Officer at Avetium Consult

Avetium Consult - We are the first Business Technology Solution and Business Process Outsourcing Organization in Africa to be certified in Privacy Information Management System (ISO/IEC 27701:2019) and Information System Security Management System (ISO/IEC 27001:2013)

Over the past few years, we have been accelerating business operations and managing customer interactions for some of the leading brands in Nigeria and Africa at large, as well as start-ups and mid-sized businesses. We help to redefine the way people connect with enterprises and provide cost-effective and groundbreaking technology solutions to meet their ever-changing business operations.

We are recruiting to fill the position below:

Job Title: Payroll Loan Officer

Location: Lagos
Employment Type: Contract

Job Responsibilities

• Execute salary administration activities including preparation of annual budget of Salary Unit, reviewing salaries journal vouchers,
• Monitoring amortizations and accrual of salaries and reconciliations.
• Keep accurate and up to date records of all payroll related payments made to statutory authorities
• Run the payroll software ensuring accuracy and completeness of data.
• Undertake payroll processing and prompt disbursement of salaries for national and expatriate staff.
• Coordinate the preparation of year-end tax forms (Form A) for both national and expatriate staff and file tax returns in compliance withthe guidelines of the statutory authorities.
• Process and obtain tax clearance certificates for all national and expatriate staff.
• Facilitate the allocation of payroll costs to the relevant budget heads and general ledgers.
• Prompt reconciliation of payroll general ledgers and bank accounts.
• Ensure prompt booking and reconciliation of all inter-company payroll transactions involving national and expatriate staff.
• Administer statutory audit (concerning PAYE, ITF, Pensions, NSITF Employee Compensation Scheme (ECS) and NHF)
• Participate in internal and external audits- Make available relevant data and provide responses to audit queries.
• Prepare relevant annual pension remittance reports for filing with the National Pension Commission (PENCOM).
• Prepare and file monthly, quarterly and annual returns on all MTN employees with NSITF, ITF, Tax Authorities & FMBN/NHF.
• Coordinate the processing, remittance, reconciliation and reporting of all payroll related statutory liabilities (PAYE, NHF), ensuring.
• Ensure value is created when responding to enquiries regarding budget procedures and information from customers
• Register new MTNN staff with State and Federal Board of Inland Revenue (SBIR, FIRS) and other regulatory agencies to avert penaltythat may arise.
• Provide advice and explanation to staff with payroll related statutory deductions
• Coordination of relevant payroll inputs
• Provide answers to all payroll related queries.
• Continuously research for innovative ways of improving the reconciliation process and provides prompt reconciliation statements
• Prompt identification and impact analysis of payroll related laws and regulations guiding statutory deductions
• Continuous improvements on processes and procedures

Application Closing Date
5th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: [email protected] using the Job Title as the subject of the mail.