KETRACO Human Resource Officer Payroll & Compensation Jobs in Kenya

KETRACO Human Resource Officer Payroll & Compensation Jobs in Kenya

Job purpose

This Job is responsible for timely and accurate salary and pension administration.

Key Responsibilities

Maintaining and updating compensation database;

Compiling accurate pay slips and ensuring all data for payroll is prepared;

Participating in review of payroll software;

Processing of pension benefits in accordance with the Trust Deeds and Retirement Benefits Authority (RBA) rules and regulations;

Providing an interface between KETRACO and pension scheme administrators, fund managers and custodians of staff superannuation funds;

Processing SAP Payroll and interfacing the system with Finance General Ledger;

Facilitating and overseeing prompt submission of the monthly payroll to Finance which will ensure that staff are paid by 25th day of every month;

Processing staff benefits such as loans, advances, allowances, terminal benefits and any other approved staff claims;

Assessing staff eligibility to qualify for staff loans, bank loans, advances and making the necessary recommendations thereto;

Undertaking reviewing of proposals from potential banks that wish to sign Memorandum of Understanding (MOUs) for personal lending to staff, and recommend for further managerial action

Processing through the monthly payroll all statutory deductions like P.A.Y.E, N.S.S.F., N.H.I.F. and Pension, other staff voluntary deductions like Sacco dues, insurance premiums and ensuring that the same are promptly remitted;

Recovering through the payroll terminal dues overpayments, money incurred or any other resources from staff, which are due to KETRACO;

Extracting KETRACO annual P.A.Y.E. returns in accordance with the requirements of the Income Tax Department;

Preparing annual staff status reports for National Employment Authority, Salaries & Remuneration Commission, which are used by the Government in addressing its manpower development affairs;

Resolving

payroll discrepancies and assisting in payroll audits;

Facilitating the remittance of both members ‘contributions to the fund managers.

Assist in the preparation of timely annual pension accounts;

Reporting to the pension administrators any changes in the pension fund membership;

Maintaining and keeping safe custody and confidentiality of member’s records;

Sensitizing members on pension matters;

Implementing key Board and Management decisions like Salary Reviews;

Participating in the development and implementation of compensation and benefit related policies and procedures;

Preparing ad hoc reports from time to time for Management’s decision making;

Assisting in budget preparation and administration.

Qualifications & Skills required

A Bachelor’s degree in Human Resource Management or BCOM, Finance.

The job holder requires to be a registered member of Institute of Human Resource Management (IHRM)

Certified Public Accountant of Kenya (CPA-K)

Post graduate diploma in Human Resource HRM or CHRP Certificate

Supervisory course lasting not less than two (2) weeks;

Must have a minimum of three (3) years of SAP-HCM (payroll) version 7.0 experience

Experience in SAP-BI and analytical skills will be an added advantage.

How to Apply

For more information and job application details, see; KETRACO Human Resource Officer Payroll & Compensation Jobs in Kenya

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