Payroll/Reconciliations Specialist

5 days ago


Bathgate, West Lothian, United Kingdom Invinity Energy Systems plc Full time

As a key member of Invinity Energy Systems plc's global team, you will play a pivotal role in ensuring the smooth operation of our international payroll functions. With a strong focus on accuracy and compliance, you will be responsible for overseeing payroll processing across multiple countries, including the UK, Canada, and the USA.

Key Responsibilities
  • Payroll Processing and Compliance: Ensure accurate and timely payroll processing, in full compliance with local tax regulations, employment laws, and company policies.
  • Payroll Data Management: Maintain and process payroll data, including collection, calculation, entry, and disbursement; to ensure accurate payroll records, employee information, and cost centers.
  • Payroll Reconciliations and Forecasts: Complete payroll reconciliations, prepare payroll-related forecasts, and conduct budget-to-actual analysis, collaborating with finance and external payroll providers for timely disbursements.
  • Process Improvement and Quality Assurance: Identify and implement process improvements to enhance service quality and reduce errors; monitor and audit transactions to ensure compliance with laws and internal policies.
  • Share Options Administration: Administer share options for eligible employees, manage records, track vesting schedules, and coordinate exercises in line with regulatory requirements.
  • Technical Support and Data Integrity: Resolve technical or system-related payroll issues in collaboration with IT and service providers, audit and review data changes, reconcile discrepancies, and maintain data integrity.
  • Payroll Reporting and Analysis: Prepare and manage payroll reporting, producing monthly, quarterly, and year-end reports covering payroll hours, tax deductions, benefits, and other key metrics.
Requirements
  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • 5+ years' experience in international payroll processing, ideally within a multinational organization.
  • In-depth knowledge of global payroll regulations, tax laws, and statutory requirements across multiple countries.
  • Proficiency in payroll software and international payroll platforms; advanced Excel skills.
  • Experience in share options administration in a global context, including knowledge of vesting schedules, taxation, and compliance requirements.

This is an exciting opportunity to join a dynamic team and contribute to the success of Invinity Energy Systems plc as we continue to grow and expand our global presence.