Compensation & Benefits Officer
AI summary
La Fayette Microfinance Bank Limited, Advans Nigeria is hiring a Compensation & Benefits Officer in Lagos. The role involves end-to-end payroll processing, compensation and benefits administration, compliance, reporting, and process improvement. Candidates need an HND or Bachelor’s degree and 3–6 years of experience.
- Full-time role based in Lagos
- Payroll, compensation, and benefits administration focus
- Requires HND/Bachelor’s degree
- 3–6 years of relevant experience needed
- Application via advanslafayette-mfb.com
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required3+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in internship, finance, human resourcesThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Compensation & Benefits Officer evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to La Fayette Microfinance Bank Limited, Advans Nigeria and the role in Not specified.
- Add concrete examples related to internship, finance, human resources, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Compensation & Benefits Officer role in internship, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research La Fayette Microfinance Bank Limited, Advans Nigeria before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
History and vision: Created in June 2012 and formally incorporated as La Fayette Microfinance Bank Ltd, Advans Nigeria is the seventh greenfield of the Advans Network. Advans Nigeria’s objective is to target MSMEs in urban areas of Nigeria, where market studies have shown that only one in ten entrepreneurs has access to credit. Network: Advans Niger... Read more about this company Compensation & Benefits: Officer Job Type Full Time Qualification BA/BSc/HND Experience: 3 - 6 years Location Lagos Job Field Finance / Accounting / Audit Responsibilties Payroll Administration & Processing: Support payroll processing activities end-to-end to ensure employee pay components allowances, overtime where applicable, deductions, and any relevant statutory items) are correctly captured and processed. Verify payroll inputs from HR/Managers (attendance, leave, changes in employment status, overtime/allowances, benefits: enrollments). Ensure payroll calculations are correct and payroll runs are delivered on time according to the payroll calendar. Payroll Compliance & Documentation: Ensure payroll activities follow company policies and applicable labor/payroll requirements. Maintain organized payroll documentation and employee records for internal controls, reporting, and audit purposes. Support audits by preparing payroll-related documentation and responding to payroll queries as assigned. Compensation & Total Rewards Support: Assist with updates to compensation data (salary changes, adjustments, new hires, promotion/demotion changes, and termination-related changes). Support compensation-related reviews by preparing payroll/compensation inputs and basic reporting. Ensure all payroll-affecting changes are properly authorized, documented, and accurately implemented. Benefits: Administration: Maintain benefits: records, including enrolment, changes in coverage, and employee status updates. Coordinate benefits: administration activities with HR and any relevant service providers (where applicable). Handle basic employee inquiries related to payroll and benefits: documentation, escalating complex cases to the relevant lead. Reconciliation, Variances & Issue Resolution Assist with payroll reconciliation and investigate payroll variances (e.g., incorrect deductions, missing allowances, leave/attendance-related issues). Follow up on corrections with HR and Finance to ensure accurate final payroll outputs. Reporting & Reporting Support: Prepare periodic payroll and deductions reports as required. Support management and HR/Finance with regular payroll updates and employee-related payroll summaries. Process Improvement & Controls: Contribute to improving payroll workflows, checking processes, and data accuracy controls. Ensure confidentiality and secure handling of payroll/employee information at all times. Qualifications Interested candidates should possess an HND / Bachelor`s Degree with 3 - 6 years experience. Check how your CV aligns with this job Method of Application Interested and qualified? Go to La Fayette Microfinance Bank Limited, Advans Nigeria on advanslafayette-mfb.com to apply Build your CV for free. Download in different templates.