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Payroll Officer

Closing: Mar 14, 2023

This position has expired

Published: Mar 8, 2023 (18 days ago)

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Payroll, Payroll Administration, Reconciliations



Payroll, Payroll Administration, Reconciliations

Payroll Administration

▪ Updating monthly payroll inputs both items of earnings and deductions

▪ Preparation of monthly salary journals; loading salary journals in the financial system and following through with approvals and posting

▪ Preparation of payroll deductions and submitting the same to the payables team

▪ Preparation of statutory returns and submitting the same to the respective government bodies

▪ Preparation of third party reports/deduction schedules and submitting the same to the respective stakeholders

▪ Accurate assessment of loan applications for both company and SACCO loans

▪ Acquiring compliance certificates for NSSF & NHIF

▪ Staff loan creations and IC loan journals processing

▪ Managing staff loan accounts by ensuring proper records are maintained and reconciliations done monthly

▪ Preparation of staff loan statements

▪ Preparation of loan reports for management review

▪ Follow up and collection of outstanding liabilities from respective intermediaries and ex-staff

▪ Liaise with MIMO team and Treasury to ensure timely allocation of all payments received

▪ Ensuring deductions are posted in the UAP-OM Faulu bank account then subsequently to employee loan accounts

▪ Loan balances alignment between UAP-OM and Faulu

▪ Monthly salary ledgers and loan ledgers reconciliations, balance sheet substantiation and CIP attestations

▪ Facilitate Internal and External audits and ensure items identified in the audit process are addressed within the provided timelines

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