Payroll Officer

Date Posted: Oct. 12, 2022, 1:36 p.m.

Old Mutual

Job Description

Job Description

  • 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

Skills

  • Payroll, Payroll Administration, Reconciliations

How To Apply

Interested and qualified candidates should submit their applications to Old Mutual via their career portal using the link Old Mutual Careers

Apply for this Job Now

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