Compensation and Benefits Specialist

Posted 18 Days Ago
Be an Early Applicant
Dhaka, BGD
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
The Compensation and Benefits Specialist will manage payroll operations in Bangladesh, ensuring compliance, accuracy, and efficiency while collaborating with HR and Finance teams.
Summary Generated by Built In
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)

Skills Required

  • Bachelor's degree in Accounting, Finance, Business Administration or related field
  • Minimum 3-5 years of experience in payroll management
  • Solid expertise in payroll operations and statutory compliance
  • Advanced Excel skills (pivot tables, formulas, VLOOKUP)
  • Strong analytical, problem-solving, and attention-to-detail skills
  • Fluency in Bangla and English, both written and verbal
Am I A Good Fit?
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The Company
London
1,477 Employees

What We Do

PalmPay is building the financial superapp for Africa

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