Job Description
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
Skills
Payroll, Payroll Administration, Reconciliations
Interested and qualified candidates should submit their applications to Old Mutual via their career portal using the link Old Mutual Careers
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