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Payroll Specialist

2 months ago

Hatfield, Hertfordshire, United Kingdom Mitsubishi Electric Full time
Job Description

Role Summary:

The Payroll Specialist is a key member of the Finance Team, responsible for delivering a comprehensive and accurate end-to-end payroll service. This involves timely and precise processing of payroll entries, statutory payments, deductions, and benefits, including salary sacrifice and BIK charges.

Key Responsibilities:

  • Process payroll entries and oversee those of other colleagues in the Finance Team.
  • Accurate processing of statutory payments and deductions, including SSP, SMP, SHPP, SPP, SAP, AEO, and redundancy.
  • Manage the voluntary BIK charges and salary sacrifice processes.
  • Ensure adherence to pension deductions, auto enrolment, pension scheme rules, and pension regulations.
  • Manage pay requests for colleagues outside of the main payroll.
  • Manage payment and admin requests to third-party providers.
  • End of Year processes.

Reporting and Compliance:

  • Production and delivery of monthly reporting to the Finance Team.
  • Support internal and external audits.

Benefits and Perks:

  • Generous annual leave allowance - 25 days per year, plus bank holidays increasing by one day with each year of service until 27 days per year.
  • Flexible Working - a range of flexible working options, including working from home or hybrid working.
  • Pension.
  • Life Assurance.
  • Group Income Protection Scheme.
  • Private Medical, Dental Insurance, and a Cash Plan Scheme - Single cover funded by Mitsubishi.
  • Access to Mitsubishi's discount platform.
  • Colleague Referral Scheme.
  • Holiday Buy.
  • Long Service Awards.
  • Cycle to Work Scheme.
  • Sports & Social Club.
  • Employee Assistance Programme, including additional services Eldercare & Best Doctors.

Equality and Diversity:

Mitsubishi Electric Group is committed to providing a workplace where employees can work to their full potential, regardless of gender or age. As the business environment around us is rapidly changing, we strive to create a workplace that values diversity and promotes equality.