Payroll Specialist at Palmpay Limited

Job Description

Palmpay Limited is seeking a skilled Payroll Specialist to manage and execute payroll operations accurately within a fintech/microfinance setting. The ideal candidate will ensure compliance with statutory requirements, maintain confidential payroll records, and collaborate with HR and Finance to support seamless payroll delivery.

Key Responsibilities

• Process monthly payroll accurately and within scheduled timelines
• Calculate salaries, allowances, deductions, bonuses, and statutory contributions
• Ensure compliance with PAYE, pensions, NHF, NSITF, and other regulatory requirements
• Maintain payroll records and ensure confidentiality of employee data
• Reconcile payroll reports and resolve discrepancies promptly
• Respond to employee payroll queries and provide necessary support
• Collaborate with HR and Finance on payroll-related issues
• Prepare payroll reports for management review and audits

Requirements

• Bachelor’s degree in Accounting, Finance, HR, or a related field
• 3–4 years of payroll experience, preferably in fintech, banking, or microfinance
• Strong knowledge of Nigerian payroll laws and statutory deductions
• Proficiency in payroll systems and Microsoft Excel
• High attention to detail, integrity, and confidentiality