Payroll Officer job at Old Mutual Kenya
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56 Days Ago
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Vacancy title:
Payroll Officer

[ Type: FULL TIME , Industry: Financial Services , Category: Accounting & Finance ]

Jobs at:

Old Mutual Kenya

Deadline of this Job:
21 October 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, October 12, 2022 , Base Salary: Not Disclosed

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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

• Payroll, Payroll Administration, Reconciliations

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

Job application procedure
• Closing Date: 21 October 2022
• Interested and qualified? Click here to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 21 October 2022
Duty Station: Nairobi
Posted: 13-10-2022
No of Jobs: 1
Start Publishing: 13-10-2022
Stop Publishing (Put date of 2030): 13-10-2065
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