Payroll & Compliance Specialist
2 months ago
Mint Velvet is a dynamic and growing business that values its employees and strives to create a positive work environment. We are seeking an experienced Payroll & Compliance Manager to join our Finance and People teams.
Key Responsibilities:- Manage the monthly payroll processing across all payrolls, ensuring accuracy and compliance with relevant legislation.
- Drive operational best practice to ensure deadlines are met with the third-party payroll provider.
- Raise risks, issues, and discrepancies in good time and work to find resolutions.
- Remain up-to-date on all relevant legislation, suggesting changes to processes where appropriate.
- Define and implement checks for the payroll calculations to ensure an accurate output from the third-party payroll provider.
- Ensure accurate and timely submissions to HMRC.
- Monthly pension reporting.
- SMP & SSP recording.
- Ensure compliance with monthly HMRC obligations and annual requirements such as P11d's and PSA submissions.
- Be the key point of contact for the Group internal audit team and the external audit team, assisting them with queries.
- Manage the reconciliation of key payroll data - between payroll, benefits, and third parties, including HMRC and Rewards and Benefits providers.
- Work alongside the People Team to administer and manage the various pension schemes for the business.
- Oversee the administration for Company benefits schemes e.g. Cycle to Work.
- Manage Gender pay gap reporting and support preparation for any future developments in pay gap reporting.
- Maintain a customer service focus, able to understand the requirements of the role across the team/s and adding value.
- Deliver accurate reconciliation and data analysis to support reporting, decision-making, and providing relevant insights for all key teams and stakeholders.
- Support ad-hoc project activity, both within your own area of expertise and beyond.
- You are an experienced and knowledgeable Payroll professional, with expertise in process and legislation around pay.
- You have brilliant attention to detail and a high level of accuracy in your work.
- You have strong knowledge of PAYE and understanding of HMRC benefits.
- You are an advanced Excel user.
- You have experience of working with 3rd party payroll providers (we work with ADP), pension providers, and external reward firms i.e., BUPA.
- You are resilient, adaptable, and can effectively navigate through both anticipated and unexpected changes.
- You are great at communicating, relationship-building, and managing expectations.
- You have previous experience working in a retail-focused business.
- Competitive starting salary and great career prospects in a fast-paced business.
- 25 days holiday plus bank holidays, and a day off on your birthday.
- Company-funded private health insurance and access to Smart Health.
- Life assurance.
- Discretionary bonus scheme.
- 50% staff discount.
- Interest-free Season ticket loan.
- Summer hours - 3pm finishes every Friday throughout June, July & August.
- Bespoke induction support and ongoing development to help you thrive in your new role, including access to in-house coaching.
- A welcoming and inspiring work-environment - take advantage of Yoga classes, social activities, an early finish on pay day, and more.
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