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Compensation and Benefits Coordinator
3 months ago
Position Overview: We are seeking a dedicated Compensation and Benefits Coordinator to join our dynamic team. This role is essential in delivering a comprehensive payroll service, ensuring that employees receive their salaries accurately and on time, while also supporting various HR functions as needed.
Key Responsibilities:
- Oversee the preparation and management of payroll processes for both UK and international employees, ensuring compliance with all legal standards and deadlines.
- Maintain the HR information system with up-to-date payroll data, including new hires, changes in employment status, terminations, and various allowances.
- Act as the primary contact for payroll-related inquiries, addressing employee concerns and liaising with payroll service providers to resolve issues.
- Gather and manage data related to employee absences and holidays for payroll calculations.
- Administer monthly pension contributions, ensuring accurate reconciliation of all related transactions.
- Prepare and distribute monthly payroll reports and other relevant business documentation.
- Coordinate the annual preparation of P11d data.
- Respond to inquiries regarding employee benefits processed through payroll, including pensions, healthcare, and childcare vouchers.
- Assist with the administration of employee benefits, including communication with providers regarding new hires and terminations.
- Support the Payroll, Benefits, and Reporting Manager with various ad-hoc tasks as required.
Qualifications:
- Proven experience in payroll processing within a small to medium-sized enterprise (SME) environment is essential.
- Familiarity with international payroll coordination is a plus.
- Basic knowledge of PAYE, National Insurance deductions, and salary exchange schemes.
- Strong proficiency in IT, particularly with MS Excel, including advanced functions such as pivot tables and VLOOKUP.
- A flexible mindset with the ability to challenge existing processes and suggest improvements.
- Minimum GCSE grade B in English or equivalent qualification.
- This role offers a fantastic opportunity to be part of a supportive and friendly team, with genuine prospects for career advancement.
About Sharp Consultancy: Sharp Consultancy specializes in finance and accountancy recruitment, serving businesses across the Yorkshire and Derbyshire regions. With over three decades of experience, we are committed to connecting exceptional finance professionals with organizations in need of their expertise.
For more information about our recruitment services and available positions, please visit our website.