Payroll Specialist
4 weeks ago
We are seeking a highly skilled Payroll Specialist to join our team at Reed. As a Payroll Specialist, you will be responsible for providing a timely, accurate, and efficient payroll service for our clients.
Key Responsibilities:- Process payroll amendments, including starters, leavers, contract changes, tax code changes, and earnings arrestment's.
- Collate and input payroll data, such as timesheets and expense claims.
- Prepare and apply calculations for maternity and paternity leave, along with other statutory payments and deductions.
- Handle transactions related to salary sacrifice schemes, including childcare.
- Process annual cost of living and incremental pay increases.
- Conduct regular checks to ensure the integrity of the payroll database.
- Process payments to employees, HMRC, pension providers, and other external bodies.
- Prepare and submit monthly and annual pension uploads and returns to HMRC.
- Address enquiries from employees, management, and external contacts via phone, email, or in person.
- Maintain up-to-date and comprehensive guidance notes on payroll procedures.
- Collaborate with the IT team on payroll system upgrades and developments, ensuring thorough testing before live implementation.
- Maintain robust audit records and work with auditors as required.
- Provide reports and management information for clients, such as Gross to Net reports on employee costs.
- A recognised payroll or accountancy qualification, or equivalent professional experience.
- Recent experience managing a large computerised payroll.
- In-depth knowledge of payroll systems, taxation, national insurance, and pensions administration.
- Highly numerate with the ability to process a variety of standard calculations accurately.
- Excellent IT skills, including proficiency in databases, and advanced skills in Word and Excel.
- Competitive salary
- 22 days plus bank holiday
- Study support, full training and development
- Buy & sell up to 5 days per year
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