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Payroll and Compliance Specialist

2 months ago

High Wycombe, Buckinghamshire, United Kingdom MINT VELVET Full time
Payroll & Compliance Manager

Mint Velvet is seeking a highly skilled Payroll & Compliance Manager to join our Finance and People teams. As a key member of our team, you will play a crucial role in defining and managing the payroll process across both head office and stores.

Key Responsibilities:
  • Manage the monthly payroll processing across all payrolls; hourly, salaried & Republic of Ireland (c. 800 employees in total)
  • Drive operational best practice to ensure deadlines are met with the third party payroll provider
  • Raise risks, issues and discrepancies in good time and work to find resolutions
  • Remain up-to-date on all relevant legislation, suggesting changes to processes where appropriate
  • Define and implement checks for the payroll calculations to ensure there is an accurate output from the third party payroll provider
  • Ensure accurate and timely submissions to HMRC
  • Monthly pension reporting
  • SMP & SSP recording
  • Ensure compliance with monthly HMRC obligations and annual requirements such as P11d's and PSA submissions
  • Be the key point of contact for the Group internal audit team and the external audit team, assisting them with queries
  • Manage the reconciliation of key payroll data – between payroll, benefits and third parties, including HMRC and Rewards and Benefits providers
  • Work alongside the People Team to administer and manage the various pension schemes for the business
  • Oversee the administration for Company benefits schemes e.g. Cycle to Work
  • Manage Gender pay gap reporting and support preparation for any future developments in pay gap reporting
  • Maintain a customer service focus, able to understand the requirements of the role across the team/s and adding value
  • Deliver accurate reconciliation and data analysis to support reporting, decision-making and providing relevant insights for all key teams and stakeholders
  • Support ad-hoc project activity, both within your own area of expertise and beyond
Requirements:
  • You are an experienced and knowledgeable Payroll professional, with expertise in process and legislation around pay
  • You have brilliant attention to detail and a high level of accuracy in your work
  • You have strong knowledge of PAYE and understanding of HMRC benefits
  • You are an advanced Excel user
  • You have experience of working with 3rd party payroll providers (we work with ADP), pension providers and external reward firms i.e., BUPA
  • You are resilient, adaptable and can effectively navigate through both anticipated and unexpected changes
  • You are great at communicating, relationship-building and managing expectations
  • You have previous experience working in a retail-focused business
What We Offer:
  • Competitive starting salary and great career prospects in a fast-paced business
  • 25 days holiday plus bank holidays, and a day off on your birthday
  • Company-funded private health insurance and access to Smart Health
  • Life assurance
  • Discretionary bonus scheme
  • 50% staff discount
  • Interest-free Season ticket loan
  • Summer hours - 3pm finishes every Friday throughout June, July & August
  • Bespoke induction support and ongoing development to help you thrive in your new role, including access to in-house coaching
  • A welcoming and inspiring work-environment - take advantage of Yoga classes, social activities, an early finish on pay day and more