Payroll & Benefits Accountant

2 weeks ago


London, Greater London, United Kingdom PatSnap Full time

Patsnap is a leading AI-powered SaaS platform revolutionizing global innovation and collaboration within IP and R&D teams. Our cutting-edge connected intelligence product suite empowers over 12,000 customers worldwide to accelerate the development and launch of groundbreaking inventions.

As a rapidly growing unicorn with offices spanning Toronto, London, Beijing, Shanghai, Suzhou, and Singapore, Patsnap fosters an inclusive environment where talent thrives and ideas flourish. We are committed to our company vision, values, and entrepreneurial spirit.

Role Summary

We are seeking a highly motivated Payroll & Benefits Accountant to join our dynamic finance team in London. Reporting to the VP of Finance – West, this role will collaborate closely with the Finance Manager and other team members. The successful candidate will be responsible for overseeing all aspects of payroll and benefits administration, as well as contributing to general ledger responsibilities, month-end close procedures, journal entries, and reporting.

Key Responsibilities
  • Manage the preparation of payroll for the UK; experience with Canada and US payroll is a plus.
  • Develop, implement, and administer comprehensive payroll policies, procedures, and internal controls.
  • Ensure compliance with all relevant payroll reporting and regulatory requirements.
  • Design and maintain programs and reports to meet the needs of HR and Finance.
  • Provide timely and accurate payroll support by addressing employee inquiries and requests.
  • Review final payroll reports, general ledger journal entries, payroll bank wire transfers, direct deposits, and tax withholdings.
  • Collaborate with other departments to ensure seamless system changes.
  • Maintain accurate payroll information by collecting, calculating, and entering data.
  • Generate monthly payroll reports and conduct necessary analyses.
  • Verify payroll information from HR systems.
  • Contribute to the month-end close process, including journal entries and reconciliations related to payroll.
Qualifications

The ideal candidate will possess a strong understanding of UK payroll regulations and best practices. Experience with US and Canadian payroll is highly desirable. Excellent communication, analytical, and problem-solving skills are essential. Proficiency in accounting software and Microsoft Excel is required.



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