Overview
Business leaders need to ensure that their payroll teams are equipped with the necessary skills, knowledge, and techniques to perform their duties to the highest standard. In addition, business professionals saddled with payroll responsibility should fully comprehend what it entails to manage an organisation’s payroll, generate insights, mitigate risks and ensure total compliance in line with the peculiarities of the organisation and country.
The ever-changing regulatory landscape demands that businesses and payroll professionals constantly update their knowledge, adopt best practices and establish a truly strategic payroll structure.
Whether you are part of an existing in-house payroll system, sourcing for a new local country payroll provider, expanding your business to Nigeria or seeking to establish an in-house payroll system from scratch, this certified payroll professionals programme will introduce you to the Nigerian payroll system, teach you to manage end-to-end payroll computation, equip you to establish and monitor security procedures, ensure you comply with payroll legislation and generate valuable insights from your payroll data.
This programme is specially designed to enable you to become a truly strategic and compliant payroll professional while designing an efficient and high performing payroll system.
Date: January 18th – 20th, 2022
Duration: 3 days
Course: Certified Payroll Professional Workshop (Virtual)
Time: 9:00am – 1:00pm daily (4hours per day)
Cost: #150,000
Objectives of the certified payroll professional programme include:
- To improve the efficiency of payroll processing by ensuring that payroll professionals define and implement sufficient processes and controls.
- To provide learners with the skills required to become successful and strategic payroll managers.
- To equip participants with the requirements of law and contracts and enable HR payroll professionals to better comply with income tax regulations.
- To enable participants to leverage relevant points of law in the payroll decision-making process.
- To provide in-depth understanding for payroll professionals on various income tax components and retiral payments.
- To enable HR payroll professionals to identify the common gaps in their HR payroll process and payroll accounting.
- To effectively design periodic payroll management reports, payroll budgets and extract insights from payroll analysis.
- To identify and mitigate common Nigerian compliance pitfalls, identify critical jurisdictional deadlines, understand law and contracts requirements, understand the PAYE system’s operation, and overcome the complex payroll regulations in Nigeria.
- Enable international HR managers to establish a foolproof Nigerian payroll process and audit existing payroll systems
- Establish a business partnership where payroll supports the company’s business objectives
This payroll course is ideal for:
- HR payroll professionals seeking to expand their expertise and broaden their knowledge in payroll management, payroll process and payroll compliance
- Directors and managers whose financial and management responsibilities encompass the efficient management of payroll and the substantial costs of employing people.
- Companies who wish to upskill their HR payroll professionals on the latest income tax trends, payroll processes, payroll insight analysis and payroll compliance
- Senior managers and executives who receive management reports on payroll costs or those who head payroll units.
- Human resource managers who need to understand the importance of payroll and its complementary functions with their department.
- Business owners who wish to employ personnel and take responsibility for their wages and salaries or outsource to local partners
- Business professionals and HR teams seeking to hire talent or expand their business operations to Nigeria
Speakers Section
Lagbaja Tamedo
Global Head of Talent, XYZ Nigeria
Lagbaja Tamedo
Global Head of Talent, XYZ Nigeria
Course Syllabus
Payroll Essentials
Statutory Compliance
Designing sustainable payroll systems
The strategic payroll manager
At the end of this course, participants will be equipped to:
- Immediately impact the performance of the organisation to manage payroll costs more successfully
- Understand how to apply the knowledge of payroll and influence key business decisions
- Clarify doubts and misconceptions on payroll management
- Evaluate and mitigate various risks facing the payroll department
- Produce future budgets and forecasts for payroll cost
- Reconcile payroll costs with the company’s financial reporting
- Create a compliant payroll structure with appropriate controls for businesses expanding into Nigeria or starting the payroll department from scratch
Sponsors
Silver sponsor
Bronze sponsor
Structure and training journey
- This payroll course is designed to be a 2-day intensive live online session for HR and payroll professionals.
- Instructor-led sessions
- Case Studies
- Break-out rooms and group activities
- Evaluation and practical assessments
- Study guides and manuals