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Payroll specialist, finance specialist
2 weeks ago
The Payroll and Benefits Specialist is responsible for ownership of monthly payrolls, pension & benefits administration and for providing technical and operational support to the Total Rewards Specialist.
This role is a 18 month FTC - Remote working (must be in the UK)
Payroll
Supervision and reconciliation of 2 x monthly payrolls and checking input of variable data, instructions to third party providers, and check of output and sign-off.
Process of P45, HMRC new starter checklists, all statutory payments and assist with annual salary reviews, bonus payments etcProvide comprehensive support to employees with payroll and tax enquiries
Calculate and process manual and ad hoc payments
Oversight of preparation of monthly reports for overtime, on call, RSU's, leavers etc
Process monthly pension schedules and ensure timely payments
Provide and manage payroll calculations related to all types of parental leave
Raise payment requisitions for payroll deductions to statutory bodies and benefits providers
Assist with expatriate administration and tax reconciliations plus knowledge of processing share option transactions
Support and liaise with Finance re payroll accounting and reconciliations
Full ownership of tax year end, P11D and provide support with PSA reporting
Maintain payroll guidelines by writing and updating policies and procedures
Manage Triennial Pension Auto Enrolment tasks
Provide ad hoc reporting as and when required
Keep up to date on legislative changes and assist with implementation on the team where necessary
Benefits Administration
Support and liaise with benefits providers, including correct invoicing and reconciliations
Ad hoc project work as required and other tasks as requested
Min 5 years UK payroll experience
Payroll or Accounts qualification required
Financial Services experience strongly preferred
Working knowledge of pension auto enrolment and benefits administration
Payroll systems literate
Minimum Intermediate Excel and Word skills (pivot tables, vlookups etc)
Good working knowledge of PAYE, income tax, national insurance, student loans and statutory payments (SMP, SPP, SSP etc) this is not an exhaustive list
Good working knowledge of pensions auto-enrolment legislation
Experience of salary sacrificed benefits and payrolled benefits
Ability to maintain discretion and integrity and to recognise the sensitivity around handling confidential data
Flexible approach
25-days of annual leave + bank holidays + holiday increases each year, to a max of 30
~ Established hybrid working policy and openness to flexible working
~ Generous pension contributions
~ Private medical healthcare
~ Discounted Gym Membership
~ Life, Dental & Travel insurance
When associates bring their best authentic self to work, our organisation, clients, and communities thrive.
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