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Payroll Specialist
2 months ago
Job Summary
We are seeking a highly skilled and experienced Senior Payroll Manager to join our team at InterQuest Financial Markets. As a Senior Payroll Manager, you will be responsible for ensuring the accurate and timely processing of weekly and monthly payrolls, as well as leading and developing a small team of payroll experts.
Key Responsibilities
- Ensure the weekly and monthly payrolls are processed accurately, on time, and in line with business and legislative requirements.
- Lead and develop a small team of payroll experts, providing guidance and support to ensure the successful implementation of payroll processes and procedures.
- Work with the existing team and other stakeholders to set up and establish the system, process, controls, and team accountabilities for the new in-house payroll service, including system testing, parallel running, and system cutover.
- Own and manage the Oracle payroll system, ensuring changes to the payroll are made in a controlled and effective manner.
- Define and manage an appropriate payroll control environment meeting our clients' financial and audit requirements.
- Act as the Company Subject Matter Expert on payroll, advising team members and other colleagues as required.
- Issue cash, cheques, or bank transfers for employee payments, depending on the business.
- Audit the payroll to ensure it satisfies all government regulations.
- Collaborate with internal stakeholders such as Finance and Audit to ensure that payroll information is accurate and managed in line with financial controls.
- Carry out payroll data analysis and reporting.
- Develop and improve payroll procedures in line with best practice.
Requirements
- Payroll Manager experience ideally within an HR function with a similar-sized payroll, including the running of a weekly and monthly payrolls.
- Significant exposure to a fast-paced payroll environment, including Payroll Advisory knowledge.
- CIPP Level 5 qualified.
- An expert in tax and payroll legislative requirements and the implementation of change.
- Experience of pensions, including auto-enrolment and/or contractual enrolment.
- Sound knowledge of payroll/pension statutory requirements.
- Sound knowledge of benefit processing and year-end P11D reporting.
- Experience in managing data interfaces and automation of data & input/uploads.
- Development, review, and operation of Payroll process and controls, including experience working with internal and external audit.
- Deductive reasoning for analysing raw payroll data and using it to develop and refine payroll policies.
- Advanced IT skills, including the use of MS Excel to interpret data.
- Experience in analysis of data and production of meaningful reports.
- Running a payroll using the Oracle Payroll System.
- Sound knowledge of pensions administration in payroll.
What We Offer
- A competitive basic salary.
- A hybrid working environment.
- The opportunity to work for a leading brand in the financial markets industry.
