Pension Reconciliation and Process Review

3 days ago

Ilford, Greater London, United Kingdom CRA GROUP RECRUITMENT AND PAYROLL LTD Full time £35,000 - £60,000 per year
3-month contract with a local authority
Summary
  • This is a 3-month contract with a local authority, aimed at leading a short-term project focused on the annual reconciliation of Teachers' Pension Scheme records. The role is crucial for ensuring accuracy and compliance with statutory requirements. Additionally, it involves reviewing and improving current processes and communications to streamline future reconciliations and audits.
Responsibilities
  • Complete the annual reconciliation of Teachers' Pension Scheme records from internal and outsourced payroll functions against payments made to the pension fund.
  • Support internal and external audits of pension returns for current and prior years, ensuring compliance and accuracy.
  • Review existing internal and external communications and processes, recommending and implementing improvements for efficiency and compliance.
  • Ensure all processes align with regulatory and statutory requirements for the Teachers' Pension Scheme.
  • Liaise with schools and outsourced payroll providers to resolve discrepancies and improve data accuracy.
  • Provide expert advice on Teachers' Pension Scheme requirements and best practices.
Essential Experience Required
  • Strong background in Teachers' Pension Scheme administration and compliance.
  • Proven experience in pension reconciliation and audit support.
  • Familiarity with Teachers' Pensions portal and associated processes.
  • Experience working with schools and outsourced payroll providers.
  • Demonstrated ability to review and improve processes for efficiency and compliance.
Essential Qualifications Required
  • Relevant qualification in Payroll, Pensions Administration, or Finance (or equivalent experience).
  • In-depth knowledge of Teachers' Pension Scheme regulations and statutory requirements.
Additional Information
  • Working hours: 36 hours per week
  • Location: Ley Street, Ilford, Greater London, IG2 7QZ, United Kingdom
  • The first month will be in the office, followed by one to two days in the office to check on progress.
  • The role closes on 12th December 2025, apply ASAP.

Complete annual reconciliation of records received from internal and outsourced Payroll Functions and payments over to pension fund

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