Payroll Associate

About the role

FairMoney is a mobile banking company focused on extending credit in emerging markets. The Payroll Associate will work with the Compensation and Benefits Manager to administer payroll and related compensation processes, ensuring accuracy, compliance and coordination with stakeholders.

What you'll do

• Assist with monthly payroll preparation and processing including salaries, allowances, bonuses, deductions and reimbursements
• Collect and update payroll inputs from approved employee changes such as hires, exits and salary adjustments
• Help compute and document statutory deductions like PAYE, pension, NSITF, ITF and NHF
• Ensure payroll practices comply with Nigerian labour, tax, pension and data protection requirements
• Maintain confidential employee payroll records and documentation
• Support payroll-related audits, filings and liaison with relevant stakeholders

What they're looking for

• Bachelor's degree in Accounting, Finance, Economics, Human Resources or related field
• 3+ years of payroll administration experience, preferably in financial services
• Strong understanding of Nigerian payroll, PAYE, pension and other statutory deductions
• Proficiency in Microsoft Excel and data analytics tools
• Familiarity with HRIS or payroll software is an advantage
• Strong numerical, analytical, organizational and communication skills

For applicants in Nigeria

• The listing indicates Nigerian eligibility and mentions Nigerian statutory requirements, so the role appears suitable for applicants in Nigeria
• Timeline or timezone expectations are not specified in the listing; confirm during interview
• Hybrid work is listed as a benefit, but whether this role is employee or contractor is not stated; confirm during interview
• Pay currency is not stated; the listing does not specify a salary range or currency
• Work authorization notes are not specified beyond Nigerian eligibility; confirm visa/work authorization details during interview