Job Purpose
- The role holder supports the Manager Payroll section and is responsible for managing payroll Section including preparation, completing reports, distribution and maintaining records and advising on relevant emerging tax issues.
Key Duties and Responsibilities
Strategic Responsibilities
- Enhance internal controls.
- Champion the development, implementation and execution of payroll role in finance department as a critical component of ensuring the Bank meets its contractual obligations in line with approved policies & procedures.
- Making proposals for payroll policy development and payroll operation manual.
Technical and Operational Responsibilities
- Review the process of disbursement of staff emoluments.
- Assist managing payroll workload to meet operational requirements.
- Review statutory deductions reporting and filing requirements.
- Review monthly payroll reports.
- Review payroll accounts reconciliations and ensure adherence to the Standard Operating Procedures (SOPs).
- Continually review and report on payroll related policies procedures and processes.
- Maintain payroll data information and records in accordance with statutory requirements.
- Assist in processing payment of staff salary advances and development loans.
- Be on the lookout for any new legislation impacting payroll and inform the Manager accordingly.
- Maintain high professional standards on confidentiality and integrity.
Other Responsibilities
- Deputize the Manager Payroll Section.
- Perform any other duties as may be assigned by the Finance Department leadership and the Bank.
Qualifications
- Bachelor Degree in Finance, Accounting or any other relevant degree from a reputable university.
- Post graduate degree in a relevant field is an added advantage.
- Professional qualification(s) in accounting e.g. CPA (K), ACCA or equivalent.
- Membership of ICPAK or ACCA.
Work Experience
- Five (5) years post qualification experience in a busy accounting related area.