Hybrid Payroll Specialist
1 day ago
**Job Overview:**
We are seeking an experienced Payroll Manager to join our team at Financial Staffing Solutions, a fast-growing & profitable recruitment business.
The role involves supervising a small team and reporting to the Financial Controller, making it a key position in the company's success.
As a Payroll Manager, you will be responsible for maintaining payroll information, updating records, paying workers, and preparing reports.
- Maintain payroll information by designing systems; directing the collection, calculation, and entering of data.
- Update payroll records by reviewing and approving changes in exemptions, deductions, job titles, department transfers, payment types, booking records, pay rates, charge rates, etc.
- Pay workers by directing the production and issuance of payslips and electronic transfers to bank accounts.
- Prepare reports including production of KPIs and Management Information.
- Balance the payroll accounts by resolving payroll discrepancies.
- Complete weekly and monthly reconciliations of nominal accounts, year-end procedures and analysis of information.
- Provide payroll information by ensuring that questions and requests are answered in an accurate and timely manner.
- Liaise with HMRC and other necessary agencies to ensure correct completeness of all statutory returns.
- Maintain employee confidence and protect payroll operations by keeping information confidential.
- Ensure weekly, monthly and annual deadlines are met.
- Provide information requested by Internal and External auditors.
- Maintain payroll guidelines by writing and updating policies and procedures.
- Comply with legal requirements by studying existing and new legislation.
- Payroll system improvements as necessary to ensure compliance with new legislation.
- Maintain payroll staff by recruiting and training employees.
- Maintain payroll staff job results by counselling and disciplining employees.
Our estimated salary for this position is around £50,000 - £65,000 per annum, based on experience.
This is a hybrid role offering a great work-life balance, with flexibility to work from home and access to our modern office space.
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