Benefit and Compensation Officer at Sayed Farms Limited

After a thorough research of poultry business in Nigeria, Sayed Farms ltd was established in the year 2004 by Mr. Haytham Nawam and Mr. Ziad Sayed, who both have a broad experience in the field of poultry;

The company is specialized in poultry sector & currently the distribution of frozen food (frozen Fish, French fries, frozen chicken etc…) & covers all the majors aspects of the chicken business field & frozen foods distribution.

The company based in Nigeria with two branches in: Ibadan, and Abuja; the Head office is in Lebanon.Job Summary

The Benefits and Compensation Officer is responsible for the strategic management and administration of employee compensation, benefits, payroll, and tax compliance.
The role ensures accurate payroll processing, efficient benefits administration, and full compliance with statutory regulations, particularly within a manufacturing environment characterized by shift operations, overtime, and large workforce management.

Key Responsibilities
Compensation & Benefits Management:

Design, implement, and manage competitive compensation and benefits structures aligned with company strategy.
Administer employee benefits programs including pensions, health insurance, leave management, bonuses, and allowances.
Conduct periodic salary benchmarking and compensation reviews to ensure market competitiveness.
Support management in salary reviews, promotions, and incentive schemes.

Payroll Administration:

Oversee end-to-end payroll processing for all categories of staff (permanent, contract, shift workers).
Ensure accurate computation of wages, overtime, shift allowances, bonuses, and deductions.
Review and validate payroll inputs to ensure accuracy and compliance with company policies.
Manage payroll reconciliation and resolve discrepancies promptly.
Generate payroll reports for management decision-making.

Tax & Statutory Compliance:

Ensure accurate computation and timely remittance of statutory deductions including PAYE, pension contributions, NHF, NSITF, and other applicable levies.
Prepare and file monthly and annual tax returns in compliance with regulatory requirements.
Liaise with tax authorities and external consultants on tax audits, assessments, and compliance matters.
Stay updated on changes in tax laws and labor regulations and advise management accordingly.

Financial Control & Reporting:

Maintain proper documentation and audit trails for payroll and benefits transactions.
Support internal and external audits by providing required payroll and tax documentation.
Prepare periodic reports on compensation trends, payroll costs, and statutory obligations.
Ensure strong internal controls over payroll and benefits processes.

Employee Relations & Advisory:

Provide guidance to employees on compensation, benefits, and tax-related matters.
Address and resolve payroll-related queries and disputes in a timely manner.
Collaborate with HR and line managers to ensure proper implementation of compensation policies.

Qualifications & Experience

Bachelor’s Degree in Accounting, Finance, Economics, Human Resources, or related field.
Minimum of 7 years’ relevant experience, preferably within a manufacturing environment.
Professional certification such as ICAN, ACCA, CIPM is highly desirable.
Strong knowledge of payroll systems, compensation structures, and statutory requirements.
In-depth understanding of labor laws and tax regulations.

Key Skills & Competencies:

Strong analytical and problem-solving skills
High level of accuracy and attention to detail
Confidentiality and integrity
Advanced proficiency in Microsoft Excel and payroll software
Strong communication and stakeholder management skills
Ability to manage large workforce payroll and meet strict deadlines.