Payroll Associate at FairMoney – Lagos, Nigeria

Item	Details
Company	FairMoney
Location	Lagos, Lagos State (Hybrid)
Employment Type	Hybrid
Salary	Not specified by the employer
Qualification	Bachelor’s Degree in Accounting, Finance, Economics, Human Resources, or Related Field
Experience	3+ years of experience in payroll administration, preferably within financial services
Application Deadline	Not specified by the employer
Number of Openings	Not specified

About This Opportunity

FairMoney is hiring a Payroll Associate for its People and Culture team in Lagos, on a hybrid basis; the vacancy is live on the company’s official Workable recruitment board. The post holder will work closely with the Compensation and Benefits Manager to run the company’s payroll and related employee compensation processes, keeping them accurate, compliant and efficient, and coordinating smoothly with the stakeholders who depend on them. In practice, that means helping to prepare and process the monthly payroll — salaries, allowances, bonuses, deductions and reimbursements — handling the statutory deductions that Nigerian employers must compute and remit, and keeping employee payroll records accurate and confidential. It will suit a graduate in Accounting, Finance, Economics, Human Resources or a related field who has at least three years of payroll administration experience, a good understanding of PAYE, pension and other Nigerian statutory deductions, and strong Excel skills. No closing date is stated, so apply promptly.

Key Responsibilities

• Assist with the preparation and processing of the monthly payroll, including salaries, allowances, bonuses, deductions and reimbursements.
• Collect, review and update payroll inputs in line with approved employee changes, including new hires, exits, promotions and salary adjustments.
• Assist with computing and documenting statutory deductions, including PAYE, pension, NSITF, ITF and NHF.
• Make sure payroll practices comply with the relevant Nigerian labour, tax, pension and data protection requirements.
• Maintain accurate and confidential employee payroll records and documentation.
• Assist with computing terminal benefits payments and other exit-related entitlements each month.
• Respond to routine payroll queries from employees, and escalate complex issues where necessary.
• Support statutory filings, remittances and payroll-related audits.
• Carry out any other tasks assigned by the line manager, within the stipulated time frame.

Requirements And Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Human Resources or a related field.
• 3+ years of experience in payroll administration, preferably within the financial services industry.
• Good understanding of Nigerian payroll administration, PAYE, pension and other statutory deductions.
• Strong working knowledge of Microsoft Excel and other data analytics tools.
• Familiarity with HRIS or payroll software is an added advantage.
• Strong numerical and analytical skills, with excellent attention to detail.
• Good organisational, communication and problem-solving skills.
• A high level of integrity and the ability to handle confidential employee information.
• Ability to work collaboratively and meet deadlines in a fast-paced environment.

Salary And Benefits

Salary: Not specified by the employer; no figure is stated in the official advert. The official advert lists the following benefits for the role: private health insurance, paid time off, hybrid work, and training and development programmes. FairMoney’s official careers board also states that its roles remain open until the right candidate is found.

How To Apply

1. Open the official advert link below (FairMoney’s listing on its Workable recruitment board).
2. Read the full advert and confirm you meet the degree and experience requirements.
3. Prepare your CV, making your payroll administration and statutory deductions experience clear.
4. Complete the online application form on that page and submit it.
5. Apply here: https://jobs.workable.com/view/mjjJCqXaUyB3tQpCua7hkU/hybrid-payroll-associate-in-lagos-at-fairmoney

The official advert describes a three-stage recruitment process: a screening session with a member of the recruitment team (30 minutes), a technical interview with the hiring manager, and a final interview with the People Partner.

Scam Warning: GetJob Nigeria (getjob.com.ng) never charges a fee for any job. Never pay anyone to get a job. Report a suspicious advert.

Our Tips For This Role

• Lead with payroll volume and accuracy: the role assists with monthly payroll covering salaries, allowances, bonuses, deductions and reimbursements, working closely with the Compensation and Benefits Manager in the People and Culture team.
• List the statutory work you have actually done: computing and documenting PAYE, pension, NSITF, ITF and NHF deductions, plus statutory filings, remittances and payroll audits, are all stated duties.
• Match the experience bar: a Bachelor’s degree in Accounting, Finance, Economics, Human Resources or a related field, plus 3+ years in payroll administration, preferably within financial services.
• Show your tools clearly: strong Microsoft Excel is required, and familiarity with HRIS or payroll software is an added advantage stated in the advert.
• Prepare for the process the advert itself describes: a 30-minute screening session, then a technical interview with the hiring manager, then a final interview with the People Partner; no closing date is stated, so apply promptly.

About FairMoney

FairMoney is a mobile banking institution that specialises in extending credit to emerging markets, established in 2017.
It operates primarily within Nigeria, where its banking operations run as FairMoney Microfinance Bank, and has secured nearly €50 million in funding from global investors including Tiger Global, DST and Flourish Ventures.
The company began with a digital microcredit application on Android and iOS, and has since expanded into a broader suite of financial products, including current accounts, savings accounts, debit cards and point-of-sale solutions for merchants and agents.
FairMoney says it is building a leading mobile banking platform and point-of-sale solution for emerging markets.
Its team brings together talent from over 27 nationalities, with staff in Lagos and working remotely across the globe.
FairMoney recruits through its official Workable board, where this vacancy was listed live at verification.

Frequently Asked Questions

What is the application deadline for the FairMoney Payroll Associate role?
The employer has not specified a deadline. The advert was published on 4 November 2026 and was still live on 7 November 2026, so apply as early as possible.

What qualification do I need to apply?
A Bachelor’s degree in Accounting, Finance, Economics, Human Resources, or a related field.

How much experience is required?
At least 3 years of experience in payroll administration, preferably within the financial services industry.

Where is the role based?
In the People and Culture team in Lagos, Nigeria, on a hybrid basis.

How much is the salary?
Not specified by the employer; no figure is stated in the official advert. The advert lists private health insurance, paid time off, hybrid work, and training and development programmes as benefits.

Verified on 11 November 2026 — apply link checked.

Related Jobs

• More jobs in Lagos: /jobs/category/jobs-in-lagos/
• More admin and office jobs: /jobs/category/admin-office/
• More BSc jobs: /jobs/category/bsc-jobs/
• More FairMoney jobs: /tag/fairmoney-jobs/