Payroll Specialist
1 week ago
About the Role
As a Payroll Advisor at Clyde & Co, you will play a vital role in ensuring accurate and timely compensation for our employees across multiple jurisdictions. You'll be responsible for processing payroll cycles, managing employee data, and collaborating with various departments to ensure compliance with all relevant regulations.
Key Responsibilities- Manage the end-to-end payroll process for two English payrolls and one Republic of Ireland payroll, from initiation to completion.
- Work collaboratively with your fellow Payroll colleagues to meet strict deadlines and maintain a smooth workflow.
- Ensure all new hires and departing employees are processed accurately and efficiently within the payroll system.
- Conduct manual calculations as needed, ensuring precision and adherence to established guidelines.
- Calculate and process statutory payments, such as sick leave, maternity leave, and paternity leave, in accordance with legal requirements.
- Prepare and submit BACS files promptly to ensure timely payment of employee salaries.
- Handle the annual processing of P11Ds, ensuring accurate reporting and compliance.
- Manage pension administration, including auto-enrolment, monthly assessments, contribution payments, opt-ins, and opt-outs.
- Process monthly journal entries for Finance and reconcile Payroll GL accounts to maintain accurate financial records.
- Complete year-end processes and generate essential reports to summarize payroll activity.
- Process HMRC payments, third-party payments, and ad-hoc employee payments efficiently and accurately.
- Collaborate effectively with HR and Finance departments to fulfill the requirements of the role.
- Provide support to Payroll colleagues during annual audits, ensuring smooth and transparent processes.
- Contribute to process improvement initiatives by providing feedback and actively participating in discussions.
- Maintain the payroll manual up-to-date to reflect any changes or updates in regulations and procedures.
- Embrace a flexible approach and be willing to take on additional responsibilities as the role evolves.
- Comprehensive understanding of payroll principles, including manual tax and NIC calculations, and statutory leave entitlements such as SMP and ShPP.
- Ability to work effectively both independently and as part of a team, demonstrating strong collaboration skills.
- Proactive approach to problem-solving, with the ability to identify and resolve queries efficiently.
- Excellent interpersonal skills, enabling you to build strong relationships with HR, Finance colleagues, and employees.
- Meticulous attention to detail and the ability to multitask effectively in a fast-paced environment.
- Commitment to maintaining confidentiality at all times, handling sensitive employee information responsibly.
- Advanced computer skills, including proficiency in Microsoft Excel (Vlookups, logical formulas, pivot tables), and the ability to learn new software quickly.
- Ability to remain calm and focused under pressure, meeting deadlines consistently.
- Strong listening skills and the ability to follow instructions promptly and accurately.
- Exceptional communication skills (written and oral), ensuring clear and concise interactions with colleagues and employees.
- A willingness to learn and grow within the role, adapting to evolving responsibilities and challenges.
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