Compensation and Benefits Specialist

Company : Palmpay Limited

Job Type : Full Time

Dhaka, Bangladesh

Job Description - Compensation and Benefits Specialist

About PalmPay
PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we’re building a digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.
Operating in Nigeria, Ghana, Tanzania, Pakistan, and Bangladesh, PalmPay has been recognised by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times’ Africa’s Fastest Growing Companies 2025 list.

Position Overview
We are hiring a Compensation and Benefits Specialist to manage and execute end-to-end payroll operations for PalmPay Bangladesh. This role requires a highly detail-oriented professional with solid experience in payroll processes and advanced Excel skills. The ideal candidate will ensure accurate, timely, and compliant payroll management, while working closely with HR and Finance teams.

Key Responsibilities
Payroll Management & Processing

Handle full-cycle payroll processing for all employees in Bangladesh.
Maintain accurate payroll records including attendance, leave, bonuses, deductions, and reimbursements.
Calculate salaries, taxes, and statutory contributions in compliance with Bangladesh labor laws.

Data Analysis & Reporting

Prepare payroll reports, summaries, and analyses using advanced Excel functions (pivot tables, formulas, VLOOKUP).
Reconcile payroll accounts and resolve discrepancies in collaboration with Finance/HR teams.

Compliance & Documentation

Ensure adherence to statutory and tax regulations.
Support audits and provide necessary payroll documentation.
Recommend process improvements to enhance efficiency and accuracy.

Cross-functional Collaboration

Work closely with HR, Finance, and other departments to ensure smooth payroll operations.
Provide guidance on payroll policies and procedures.

Qualifications & Competencies

Bachelor’s degree in HRM, Accounting, Finance, Business Administration or related field.
Minimum 3–5 years of experience in payroll management, preferably in Bangladesh.
Solid expertise in payroll operations, statutory compliance, and payroll software.
Advanced Excel skills (pivot tables, formulas, VLOOKUP).
Strong analytical, problem-solving, and attention-to-detail skills.
Ability to work under pressure and meet strict deadlines.
Excellent communication and teamwork skills.
Fluency in Bangla and English, both written and verbal.

Compensation & Benefits

Competitive salary package
Festival bonuses and mobile/internet allowance.
Career growth opportunities in a fast-growing multinational fintech.

Location: Gulshan-1 Dhaka, Bangladesh (Work from Office)

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Compensation and Benefits Specialist

Job Description - Compensation and Benefits Specialist

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