Vacancy title:
Payroll Officer
Jobs at:
Old Mutual KenyaDeadline of this Job:
14 March 2023
Summary
Date Posted: Wednesday, March 08, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
Job Description
Payroll Administration
2. Updating monthly payroll inputs both items of earnings and deductions
3. Preparation of monthly salary journals; loading salary journals in the financial system and following through with approvals and posting
4. Preparation of payroll deductions and submitting the same to the payables team
5. Preparation of statutory returns and submitting the same to the respective government bodies
6. Preparation of third party reports/deduction schedules and submitting the same to the respective stakeholders
7. Accurate assessment of loan applications for both company and SACCO loans
8. Acquiring compliance certificates for NSSF & NHIF
9. Staff loan creations and IC loan journals processing
10. Managing staff loan accounts by ensuring proper records are maintained and reconciliations done monthly
11. Preparation of staff loan statements
12. Preparation of loan reports for management review
13. Follow up and collection of outstanding liabilities from respective intermediaries and ex-staff
14. Liaise with MIMO team and Treasury to ensure timely allocation of all payments received
15. Ensuring deductions are posted in the UAP-OM Faulu bank account then subsequently to employee loan accounts
16. Loan balances alignment between UAP-OM and Faulu
17. Monthly salary ledgers and loan ledgers reconciliations, balance sheet substantiation and CIP attestations
18. Facilitate Internal and External audits and ensure items identified in the audit process are addressed within the provided timelines
Skills
Payroll, Payroll Administration, Reconciliations
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8
Job application procedure
Interested and Qualified, Click here to Apply
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