Principal Officer, Salary Policy & Pension Administration

Job Information

  • icon
    Category Admin Jobs
  • icon
    Posted On Jun 17 ,2020
  • icon
    Qualifications Bachelor's Degree
  • icon
    Employer Name The Economic Community of West African States (ECOWAS)
  • icon
    Contact Email

Job Description

  • Survey industry and/or community to determine organization’s competitive position in employee benefits;
  • Study payroll systems to achieve alignment with HR benefits and other related and to ensure effective accounting support in line with best practices;
  • Facilitate management and employee understanding of payroll procedures;
  • Oversee the preparation of staff salaries and other emoluments on a monthly basis;
  • Perform various variations analysis and reconciliations;
  • Review and approve for processing, expenditures such as educational expense refunds and other staff related expenses;
  • Supervise the preparation of payroll returns such as provident deductions and other payroll deductions and ensure the prompt payments of such returns;
  • Implement budgetary control procedures and ensure that expenditures approved for payments have been provided for in the budget;
  • Oversee the maintenance of all payroll records and ensure they are up to date;
  • Review salary annually process in terms of annual increments;
  • Maintain payroll pensions, benefits, allowances data in the ECOLink system;
  • Facilitate smooth operation of  pension schemes;
  • Assure company compliance with provisions of Employee Retirement Income Security Act;
  • Supervise the development of benefits information and statistical and census data for actuaries, insurance carriers and management;
  • Oversee Staff Insurance such as Group Life and Group Accident Insurance;
  • Supervise staff data and archiving management both electronically and physically;
  • Audit and Oversee employee records management;
  • Prepare reports (gross payroll, hours worked, vacation accrual, pension deductions, benefit deductions, etc.) for management quarterly, year-end and when required;