Payroll Compliance Analyst audits payroll operations and statutory compliance, requires a Finance Degree, CPA(K), and 4+ years experience.
Key Responsibilities
Conduct
regular compliance tests to assess adherence to tax, regulatory, policy and
process requirements across
Group
Payrolls and recommend corrective actions where necessary.
Perform
monthly Payroll-to-GL reconciliations for Kenya Businesses and oversee
compliance with monthly Payroll-to-GL reconciliation requirements across
International Businesses.
Proactively
manage Group Payrolls risk by ensuring that all statutory deductions are
reconciled and remitted to the relevant authority within the stipulated time.
Ensure
the Bank’s Retirement Schemes are funded in accordance with the respective
Pension Scheme Rules.
Reconcile
Group payroll suspense and control accounts to ensure compliance with the Group
Suspense Accounts Policy and timely resolution of outstanding items.
Coordinate
with internal IT and payroll system vendors to implement approved Payroll
System and Banking interface changes, ensuring appropriate testing, efficiency
and controls.
Support
internal and external audits by providing required payroll data and prepare
regular compliance and payroll reports for management decision-making.
Manage
relationships with statutory authorities, payroll system vendors and other
relevant stakeholders on payroll compliance and system matters.
Maintain
updated departmental process maps and risk registers and submit monthly Ethics
and Compliance self-assessment reports to Group Risk.
Ensure
all payroll costs are correctly posted to the respective GLs before month end.
Conduct
periodic reviews of payroll system user access to ensure privileges are aligned
with the approved role matrix.
Qualifications
For the
above position, the ideal candidate should meet the following
requirements:
Holder of
a Bachelor’s degree from a recognized university.
Professional
qualifications in accounting, payroll or tax will be an added advantage.
At least
four years’ relevant work experience in a similar sized organization, including
specific experience in the following areas:
4 years
in Payroll administration and processing
3 years
Payroll compliance, taxation & statutory requirements experience
3 years
of advanced excel, data manipulation tools and analysis
3 years
use of Payroll and Finance Systems.
3 years
in Payroll or GL Reconciliation.
3 years
in Stakeholder and Relationship management
3 years
in Risk and Compliance
Experience
in Labour laws & Employment regulations
The
personal attributes and competences will entail include the below qualities:
Strong
analytical skills and attention to detail
Maintaining
the highest level of confidentiality and employee data privacy control.
Problem
solving skills.
High
ethical standards
Good
verbal and written communication skills
