Payroll Associate at FairMoney Microfinance Bank – Lagos (Hybrid)

FairMoney Microfinance Bank is recruiting a Payroll Associate in Lagos under a hybrid work arrangement. The role supports accurate salary administration and employee compensation, working closely with the Compensation and Benefits Manager.

Key responsibilities

• Support monthly payroll calculations and processing for salaries, allowances, bonuses, deductions and reimbursements.
• Review approved changes involving new employees, departures, promotions and remuneration adjustments, and keep payroll inputs current.
• Calculate and document PAYE, pension, NSITF, ITF and NHF deductions and help with remittances, filings and audits.
• Maintain accurate, confidential payroll records in line with relevant Nigerian employment, tax, pension and data-protection requirements.
• Assist with terminal benefits and other employee exit payments, respond to routine payroll enquiries and refer complex matters appropriately.
• Coordinate with colleagues and complete additional assigned work within required deadlines.

Qualifications and skills

• Bachelor’s degree in Accounting, Finance, Economics, Human Resources or a related discipline.
• At least three years of payroll administration experience; financial-services exposure is preferred.
• Knowledge of Nigerian payroll rules, PAYE, pensions and other statutory deductions.
• Strong Excel and data-analysis capability; familiarity with HR information or payroll systems is an advantage.
• Numerical accuracy, analytical judgement, confidentiality, communication, collaboration and problem-solving skills.
• Ability to organise competing priorities in a busy work environment.

Benefits

• Private health insurance and paid time off.
• Hybrid working.
• Training and development programmes.