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  • Posted: Mar 7, 2023
    Deadline: Mar 14, 2023
  • Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company


    Payroll Officer

    Job Description

    Payroll Administration

    • Updating monthly payroll inputs both items of earnings and deductions
    • Preparation of monthly salary journals; loading salary journals in the financial system and following through with approvals and posting
    • Preparation of payroll deductions and submitting the same to the payables team
    • Preparation of statutory returns and submitting the same to the respective government bodies
    • Preparation of third party reports/deduction schedules and submitting the same to the respective stakeholders
    • Accurate assessment of loan applications for both company and SACCO loans
    • Acquiring compliance certificates for NSSF & NHIF
    • Staff loan creations and IC loan journals processing
    • Managing staff loan accounts by ensuring proper records are maintained and reconciliations done monthly
    • Preparation of staff loan statements
    • Preparation of loan reports for management review
    • Follow up and collection of outstanding liabilities from respective intermediaries and ex-staff
    • Liaise with MIMO team and Treasury to ensure timely allocation of all payments received
    • Ensuring deductions are posted in the UAP-OM Faulu bank account then subsequently to employee loan accounts
    • Loan balances alignment between UAP-OM and Faulu
    • Monthly salary ledgers and loan ledgers reconciliations, balance sheet substantiation and CIP attestations
    • Facilitate Internal and External audits and ensure items identified in the audit process are addressed within the provided timelines


    • Payroll, Payroll Administration, Reconciliations

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on to apply

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