MasterCard Foundation Nigeria: The global headquarters of MasterCard Worldwide, sometimes known as Incorporated (NYSE: MA), is located in Westchester County, Purchase, New York, USA. It is an American international financial services company.
MasterCard is dedicated to providing global support to our inclusive and varied staff. In keeping with that dedication, we provide comprehensive benefit plans created by international norms to guarantee the material, psychological, and health security of each of our workers and their families.
Applications are invited from interested and qualified candidates to apply for the Latest Job Vacancy at MasterCard Foundation Nigeria
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Partner, Payroll Services
Job Specifications:
- Full Time
- Required Qualification: BA/BSC/HND
- Location: Lagos | Nigeria
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Candidates must have the following Description before applying for the Job Vacancy at MasterCard Foundation Nigeria
Job Description:
Reporting to the Lead, Global Payroll Services, the Partner, Payroll Services will be responsible for driving the effective and timely execution of payroll processes across the Foundation in Africa. This role is accountable for the integrity and accuracy of payroll and maintains compliance with the Foundation’s policies, government regulations, local labor, and tax reporting requirements.
The successful candidate will be based in any of our African offices (Ghana, Uganda, Kenya, Senegal, Nigeria, Rwanda, or Ethiopia).
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WAYS YOU CAN CONTRIBUTE
- Coordinate and complete multi-country payroll processing, practices, and programs.
- Liaise with 8 payroll service providers (one for each country in which employees work) for the processing of monthly payroll for employees including shadow payroll for US and African employees.
- Manage and prepare the calculation of wages and deductions to ensure compliance with all applicable tax laws and legislations.
- Ensure systems and processes function correctly, develop and update payroll policy and procedures, and contingency plans, and recommend process improvements where needed.
- Perform other general payroll activities including audits, reviewing, and reconciling payroll registers and benefit statements, preparing journal entries, etc.
- Ensure any changes in compensation, title, special payments, etc. are accurate and processed promptly.
- Work closely with People & Culture (P&C) to ensure any payroll changes are captured to be processed.
- Ensure payroll service providers are delivering as per contract.
- Ensure all payments, tax filings, and government reports are completed accurately and on time.
- Ensure all staff receive their year-end tax statements by the government deadline.
- Develop and/or maintain documentation of all payroll controls and procedures; coordinate and manage the production of all audit deliverables relating to payroll and related systems.
- Liaise with accounting to ensure timely financial reporting and accruals.
- Review and reconcile payroll registers and benefits, including pension statements and prepare journal entries as required; identify risk areas and act to mitigate risk.
- Perform various payroll-related activities to support the business such as audits, review of calculations, and processing payments, as well as any additional tasks relating to payroll processing and reporting requirements.
- Ensure all payroll-related accounts are timely and accurately reviewed and reconciled to ensure the integrity of the corporate financial records, including payroll pre-funding accounts.
- Build cross-functional relationships with Accounting, P&C, and other departments within the organization.
- Partner with P&C in aligning and implementing changes and controls leading to best practice operations.
- Partner with P&C to maintain up-to-date headcount.
- Manage external relationships with payroll service providers.
- Meet each new employee to welcome and confirm bank account, and confirm bank account changes via Microsoft Teams.
Qualifications and Requirements:
Qualified candidates must have the following Requirement in mind before applying for the Job Vacancy at MasterCard Foundation Nigeria
- Certified Payroll Professional certification is strongly preferred (CPP), Global Payroll Management Certificate preferred (GPMI), or experience equivalent.
- A minimum of five (5) years of progressive payroll experience for a global organization, handling multi-country payrolls.
- Knowledge of global mobility policies, practices, and compensation.
- Demonstrated knowledge of accounting principles and thorough knowledge of internal controls.
- Strong critical thinking, financial acumen, and data organization skills.
- Excellent problem-solving skills and the ability to make timely, sound decisions and implement agreed-upon solutions.
- Strong attention to detail and organizational skills.
- Demonstrates initiative to drive results.
- Able to maintain a complete, high level of discretion and confidentiality at all levels.
- Excellent interpersonal skills with a humble demeanor and impeccable integrity.
- Ability to work independently, and report to a manager that works in another country.
- Flexible, adaptable, and able to execute a range of job duties and changing priorities.
- Possess excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures.
- Possesses professional maturity, sensitivity to different cultures, and impeccable integrity that exemplify the Foundation’s values.
- Demonstrate a commitment to Mastercard Foundation’s values and vision.
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Method of Application:
Qualified and Interested candidates should Apply by Clicking the Button below.
Deadline: February 5, 2024
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