Payroll and Compliance Specialist
1 month ago
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
- 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
- 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
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