Stanbic IBTC Bank, a member of Standard Bank Group, is a leading African banking institution with a strong focus on emerging markets globally. With a heritage of over 150 years in South Africa's financial system, the bank has expanded its reach to 16 countries across Africa, providing exceptional banking and financial services.
About Us
At Stanbic IBTC Bank, we firmly believe in the power of technical innovation to deliver unparalleled client service and cutting-edge financial solutions. Our global success is a testament to our commitment to excellence, which we achieve through investing in the latest technological solutions, fostering a dynamic workforce, and cultivating a flexible, vibrant, and diverse working culture. As we continue to grow, we are searching for resourceful, driven individuals to join our dedicated team and contribute to shaping the future of banking in Africa and beyond.
We are currently recruiting to fill the following position:
Job Title: Consultant, Payroll
Job Ref ID: 80383947A-0001
Location: Lagos
Employment Type: Full-Time
Business Segment: Group Functions
Job Description
As a Consultant, Payroll, you will be responsible for coordinating, directing, and controlling payroll activities, including preparation, processing, and distribution of payroll. You will ensure the accuracy and timeliness of payroll information by overseeing the collection, calculation, and input of payroll data into the relevant systems.
Additionally, you will be tasked with updating payroll records by reviewing and approving changes related to employee exemptions, savings deductions, and department or division transfers, ensuring compliance with company policies and regulatory requirements.
Key Responsibilities
- Coordinate the end-to-end payroll process, ensuring timely and accurate disbursement of salaries.
- Oversee the collection, calculation, and data entry of payroll information.
- Review and approve changes in payroll exemptions, deductions, and transfers across departments and divisions.
- Ensure compliance with statutory deductions, such as pension, tax, and other remittances.
- Liaise with Human Capital and Finance departments to resolve payroll discrepancies and ensure smooth operations.
- Prepare and present payroll reports to management, highlighting key metrics and addressing any areas of concern.
Qualifications & Experience
- A first degree in a relevant field (Finance, Accounting, Human Resources, or related disciplines).
- Professional certifications such as ICAN (Institute of Chartered Accountants of Nigeria) or ACCA (Association of Chartered Certified Accountants) are an added advantage.
- A minimum of 5-7 years of experience in Human Capital and Finance roles, with an emphasis on payroll management.
- At least 6-7 years of experience in Operations, Financial Accounting, and Payroll management.
Behavioural Competencies
- Meeting Timescales: Strong ability to meet tight deadlines and manage time effectively.
- Making Decisions: Sound judgment and decision-making skills, especially under pressure.
- Embracing Change: Ability to adapt to new processes, systems, and organizational changes.
- Showing Composure: Calm under pressure and able to maintain composure in fast-paced environments.
- Producing Outputs: Consistently delivering accurate and high-quality results.
Technical Competencies:
- Workspace Management: Ability to efficiently manage payroll workspace, tools, and resources.
- Data Management: Proficient in handling large sets of payroll data, ensuring accuracy and security.
- Business Administration Skills: Strong understanding of payroll-related business administration processes.
- Human Capital Operations: Experience in managing payroll functions within Human Capital departments.
- Written Communication: Excellent communication skills with the ability to clearly document payroll processes and present findings.
Why Join Stanbic IBTC?
- Innovative Work Environment: Work in a fast-paced and dynamic environment with access to the latest financial and payroll management technologies.
- Professional Growth: We offer opportunities for career development and continuous learning, allowing you to grow within a leading financial institution.
- Competitive Compensation: Attractive salary and benefits package in line with industry standards.
- Diverse and Inclusive Culture: Be part of a workplace that values diversity, promotes collaboration, and encourages open communication.
How to Apply
If you are passionate about payroll management and are ready to take the next step in your career, we would love to hear from you.
Interested and qualified candidates should Click Here to Apply for the Consultant, Payroll position.
Application Deadline: Open until filled.
Conclusion
Join Stanbic IBTC Bank and contribute to shaping the future of banking in Africa. Apply today to become part of a dynamic, innovative, and growth-driven team!
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