Payroll Officer

Date Posted: March 8, 2023, 9:28 a.m.

Old Mutual

Job Description

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

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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