Payroll and Finance Admin
6 months ago
Bayswater Education is a vibrant network of global educational centres dedicated for over 70 years to educate and inspire global people through a life-changing educational experience. We’re passionate about growing communities of global thinkers and explorers, at home and abroad - whatever their story. We set up Bayswater Education because we want young people from every walk of life to get a buzz from discovering new cultures, exploring new flavours, and learning what’s out there. We think of them as global spirits, like ourselves.
At Bayswater Education, we're not just reimagining education; we're revolutionizing it. We're on a mission to provide young minds, locally and globally, with life-changing adventures and a chance to cultivate a social conscience. Our promise is simple - "Bayswater offers global education experiences with captivating course content, expert delivery methods, and soft skills to help our students prepare for the future of work."
Due to rapid growth, we're seeking for an energetic and self-driven **Payroll and Finance Admin **to join our growing Finance Team.
This is a hybrid role, based in London, but will support finance operations globally.
**Key responsibilities**:
- Collecting and reviewing payroll information from line managers (hours worked, holidays taken, joiners, leavers, changes etc.);
- Keeping the payroll bureau updated with any changes and submit the monthly payroll processed files to them on a timely manner;
- Calculating salaries of hourly paid employees ;
- Review the pay summary received from the payroll bureau and ensure it agrees to our submitted processed files;
- Ensuring that the internal policies and the payroll process are aligned with the statutory and legal regulations (such as SSP, SMP etc.);
- Processing the payroll bank files through our various banks (Barclays, NatWest, Lloyds);
- Preparing and posting the monthly payroll journals ;
- For the month end, ensuring that all the balance sheet accounts relating to the payroll are reconciled and improving the payroll process;
- Preparing and maintaining accurate records and reports of payroll;
- Keeping the payroll manuals updated;
- Adhering with GDPR and ensuring that all payroll data is protected;
- Working with HR to reconcile Payroll information to HRIS (holidays, pay rates, joiners, leavers etc.);
- Completing any other payroll administration duties;
- Explore the possibility of improving payroll processes;
- Assist the UK finance manager with other month end finance tasks like bank reconciliations, posting supplier invoices, reconciling supplier account, communicate with suppliers etc.
**Qualifications and Skills**:
- 1-2 years of experience in a payroll department and/or finance department is essential;
- Bachelor’s degree in accounting, finance, business administration or related to the field;
- CIPP (or equivalent) qualified will be considered an advantage;
- A methodical and cheerful approach to work with excellent attention to detail;
- Able to work unsupervised and under pressure to meet strict deadlines
- Excellent communication in English both written and verbal;
- Resilient with a flexible, “can-do” approach to work;
- Excellent knowledge of Microsoft Excel;
- Able to work well with others and build rapport and engage with a diverse range of stakeholders, such as the payroll bureau, the line managers of different departments, the rest of the finance teams and every individual that can come to them with payroll related questions.
- Bachelor’s degree in accounting, finance, business administration or related to the field;
- CIPP (or equivalent) qualified will be considered an advantage;
**What we offer**:
- Hybrid and flexible work model
- Competitive remuneration package based on qualifications and experience;
- Learning and development opportunities;
- Career growth opportunities internally inside fast-growing company;
- Warm and friendly work environment;
- Corporate & Team building activities;
- Access to our wide portfolio of courses offered for free or on discounted rates;
- Working with a high-performance multicultural team of professionals;
- Regular online networking and cross-departmental meetings with the Bayswater team based all over the world.
- Bayswater is committed to safeguarding and promoting the welfare of children. As part of our Safer Recruitment Policy you will be asked to explain any gaps in your work and education history. You will also be required to undergo a DBS Enhanced Disclosure check and provide the contact details of at least 2 referees, who will be asked specifically if they have any concerns about your suitability to work with people under 18. Evidence of eligibility to work in the UK must be provided at interview stage._
- Bayswater is committed to equality and diversity. Our initiatives and strategies are dedicated to develop, attract and advance the most talented individuals regardless of their race, sexual orientation, religion, age, gen
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