Benefits Administrator

2 days ago


London, Greater London, United Kingdom SGS Société Générale de Surveillance SA Full time

About Us

At SGS Société Générale de Surveillance SA, we're committed to building a responsible organisation that serves our clients, colleagues, community, and climate. We aim to be a leading responsible bank for client service and expertise.

Job Description

The Payroll and Benefits Administration Specialist plays a vital role in our Human Resources Department, which fosters a supportive and inclusive workplace environment for all employees. This role ensures timely payroll processing, benefits administration, data integrity, and reporting while delivering excellent service to employees.

This position involves assisting with the day-to-day management of the end-to-end monthly payroll process, ensuring accuracy and compliance with legal requirements and internal policies. Key responsibilities include reviewing and reconciling the monthly payroll reports, addressing payroll discrepancies, and reconciling the payroll invoicing and associated costing files.

Responsibilities

  1. Manage the end-to-end monthly payroll process, ensuring accuracy and compliance with legal requirements and internal policies.
  2. Review and reconcile the monthly payroll reports, performing payroll calculations and accurate checks of pay records where applicable.
  3. Address payroll discrepancies and respond to employee and payroll provider inquiries on payroll issues.
  4. Reconcile the payroll invoicing and the associated costing files.
  5. Support the Head of HR during monthly review and sign-off of payroll, compensation review, and year-end reporting projects.
  6. Participate in payroll-related projects, such as integrating future entities, pension projects, and benefits renewal.
  7. Manage payroll audits and maintain the standard operating procedures for all payroll and benefits processes and procedures.
  8. Continuously review and improve payroll processes to ensure accuracy and efficiency.
  9. Comply with regulatory and statutory requirements, keeping up-to-date with changes in legislation affecting the payroll.
  10. Administer employee benefits and rehabilitation programs, including health insurance, pension plans, and leave policies.
  11. Manage the day-to-day operation of the pension plan and flexible benefits scheme.
  12. Coordinate annual review exercises, including the annual flexible benefits cycle, benefits providers, and other annual pension-related projects.
  13. Provide pensions support to staff at all levels.
  14. Manage the administration of the pension Plan, providing monthly changes, new member data, and submitting the monthly contribution file to the provider.
  15. Liaise with internal stakeholders, employees, and external partners to resolve queries and issues.
  16. Support the private medical insurance scheme and manage relationships with providers and brokers.
  17. Collaborate with the HR team to address employee concerns and resolve issues promptly.

Requirements

  • Experience in payroll and benefits administration, preferably in the banking or financial sector.
  • Proficiency in payroll software and Microsoft Office Suite, particularly Excel and reporting.
  • Knowledge of jurisdictional payroll regulations, tax laws, and benefit program requirements.
  • Certified Payroll Professional (CPP) or other relevant certification is a plus.

Compensation Package:$90,000 - $120,000 per annum



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