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Payroll Associate (6 Months Fixed-Term Contract) – (2500002Z)
Job Purpose and Key responsibilities
Job Purpose:
- Support the overall reward strategy through efficient and timely administration of staff /FA compensation, benefits, loans and mortgages and payroll management.
- Responsible for ensuring all payroll data is correctly captured in the ERP payroll module and support staff in the registration into respective benefits schemes, e.g. Medical, Group Life, GPA, pension, ESOP, club membership, staff loans etc. Work hand in hand with FA Operations team in the implementing of all FA benefits schemes, e.g. Medical, Group Life, GPA, pension, club membership, FA loans etc.
Key responsibilities:
HR Services:
- Become the first point of contact on general compensation and benefit queries and provide advice to Talent, Employee Relations, HRBP’S queries and employees regarding reward matters as well as compensation matters relating to commissions, overrides, Bonuses and other FA related benefits.
- Support the Senior Total Reward Analyst in collating and capturing accurate inputs, deductions/calculations i.e. change relating to staff and FA for timely monthly payroll processing.
- Support in accurate & timely preparation of the monthly payment for statutory bodies and third parties (NSSF, SHIF,AHL, Union Dues, PAYE, SACCO payments, Pension, HELB, etc) and ensure timely submission to relevant bodies.
- Support the administration of all staff and financial advisors’ loans and mortgages benefits schemes as per policies and procedure manual as well as Highlight and escalate cases of loan defaults and follow up with the respective loanees to ensure a good performance of the loan book portfolio.
- Ensuring compliance certificates are always up-to-date for various government bodies such as NITA, NSSF, NHIF etc.
Month-to- month (YTD) Payroll cost analysis for Britam Group.
- Month -to- month (YTD) Staff loan uptake.
- Preparation and compilation of FA remuneration reports. This includes among other reports such as commission production trends, Overrides and Bonus reports etc.
- Assist in the preparation of Reward & Payroll – Service Level Agreements with the different stakeholders with Reward Section.
Ensure all monthly payroll records, staff loan documents are fully signed off and stored in a safe place for future reference.
- Implement timely legal notices that affect the payroll and benefits administration such as changes in tax matters or any other notice.
- Aid the various stakeholders in major assignments such us internal and external Audit.
- Delegated authority: as per the approved delegated authority matrix.
Knowledge, experience and qualifications required
- Bachelor’s Degree in related field.
- CPA Section 1.
- 1-2 years’ experience in payroll management
- Excellent interpersonal and communication skills.
- Able to work effectively in a multicultural environment.
- Attention to detail, organized, and has the ability to prioritize skills.
- Skills in database management and analytics.
- Ability to work in a fast-paced environment and handle a high volume of requests in an effective and timely manner.
- Proficiency in advanced excel.
Primary Location
: Kenya-Nairobi-Nairobi
