Payroll Specialist

4 weeks ago

Chester, Cheshire, United Kingdom Bank of America Full time
Job Title: UK Payroll Reporting and Reconciliation Consultant

Job Summary:

We are seeking a highly skilled Payroll Reporting and Reconciliation Consultant to join our team in Chester. As a key member of our EMEA Payroll Team, you will be responsible for ensuring accurate pay service delivery, meeting tax and legal obligations, and providing exceptional communication and organizational skills to effectively solve complex tax and pay-related issues.

Key Responsibilities:

  • Collate, enter, and process various payroll-related transactions
  • Input, check, and reconcile payroll information to achieve accurate, timely, and compliant payments to employees, government agencies, and third-party providers
  • Ensure all statutory reporting deadlines are met
  • Answer payroll queries from employees and other key stakeholders
  • Perform complex analytics, consulting, and process design tasks to support the successful delivery of payroll
  • Evaluate existing processes, technologies, and routines to drive process improvements
  • Implement controls to mitigate and manage compliance and operational risk
  • Partner with HR program functions to ensure processes meet design requirements

Requirements:

  • Experience of running end-to-end payrolls
  • Proven track record of working in Payroll and an understanding of Payroll Finance
  • Ability to organize and prioritize workload, manage multiple tasks/deadlines, and maintain high standard of accuracy and level of service
  • Proactive in driving efficiencies and producing new ideas to improve current processes
  • Excellent reporting and data reconciliation skills, including intermediate Excel (Pivot Table, Vlookup)
  • Excellent team player with ability to build effective team relationships and promote environment of trust and flexibility
  • Previous experience of implementing new payroll software desirable
  • Previous banking experience desirable but not essential
  • Understanding of payroll accounting and finance
  • Previous experience or awareness of Workday Payroll not essential but desirable

Benefits:

  • Private healthcare for you and your family, plus annual health screen to help you manage your physical wellness, with option to purchase screen for your partner
  • Competitive pension plan, life assurance, and group income protection cover if you become unable to work as result of disability or health reasons
  • 20 days of back-up childcare, including access to school holiday clubs, and 20 days of back-up adult care per annum
  • Ability to change core benefits, as well as option of selecting variety of flexible benefits to suit personal circumstances, including access to wellbeing account, travel insurance, critical illness, etc.
  • Access to emotional wellbeing helpline, mental health first aiders, and virtual GP services
  • Access to Employee Assistance Program for confidential support and help for everyday matters
  • Ability to donate to charities of choice directly through payroll, and bank will match your contribution
  • Opportunity to access Arts & Culture corporate membership program and receive discounted entry to some of UK's most iconic cultural institutions and exhibitions
  • Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local community

About Bank of America:

Good conduct and sound judgment is crucial to our long-term success. It's essential that all employees in the organization understand expected standards of conduct and how we manage conduct risk. Individual accountability and ownership mindset are cornerstones of our Code of Conduct and are at heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favorable treatment on grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, color, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants, or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

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