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Compensation & Benefits Officer

Full-time

La Fayette Microfinance Bank Limited, Advans Nigeria

Job title : Compensation & Benefits Officer

Job Location : Lagos Deadline : September 20, 2026 Quick Recommended Links

Responsibilties
Payroll Administration & Processing:

  • Support payroll processing activities end-to-end to ensure employee pay components allowances, overtime where applicable, deductions, and any relevant statutory items) are correctly captured and processed.
  • Verify payroll inputs from HR/Managers (attendance, leave, changes in employment status, overtime/allowances, benefits enrollments).
  • Ensure payroll calculations are correct and payroll runs are delivered on time according to the payroll calendar.

Payroll Compliance & Documentation:

  • Ensure payroll activities follow company policies and applicable labor/payroll requirements.
  • Maintain organized payroll documentation and employee records for internal controls, reporting, and audit purposes.
  • Support audits by preparing payroll-related documentation and responding to payroll queries as assigned.

Compensation & Total Rewards Support:

  • Assist with updates to compensation data (salary changes, adjustments, new hires, promotion/demotion changes, and termination-related changes).
  • Support compensation-related reviews by preparing payroll/compensation inputs and basic reporting.
  • Ensure all payroll-affecting changes are properly authorized, documented, and accurately implemented.

Benefits Administration:

  • Maintain benefits records, including enrolment, changes in coverage, and employee status updates.
  • Coordinate benefits administration activities with HR and any relevant service providers (where applicable).
  • Handle basic employee inquiries related to payroll and benefits documentation, escalating complex cases to the relevant lead.
  • Reconciliation, Variances & Issue Resolution
  • Assist with payroll reconciliation and investigate payroll variances (e.g., incorrect deductions, missing allowances, leave/attendance-related issues).
  • Follow up on corrections with HR and Finance to ensure accurate final payroll outputs.

Reporting & Reporting Support:

  • Prepare periodic payroll and deductions reports as required.
  • Support management and HR/Finance with regular payroll updates and employee-related payroll summaries.

Process Improvement & Controls:

  • Contribute to improving payroll workflows, checking processes, and data accuracy controls.
  • Ensure confidentiality and secure handling of payroll/employee information at all times.

Qualifications

  • Interested candidates should possess an HND / Bachelor`s Degree with 3 - 6 years experience.
Vacancy posted 21 days ago
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