Payroll and Treasury Team Lead

3 weeks ago


UK, UK, United Kingdom The MWek Company Full time

Payroll and Treasury Team Lead

Glasgow, Manchester or Belfast (2 days per week in the office)

£40k - £47k


The Payroll and Treasury Team Lead is responsible for overseeing the efficient payroll processing and treasury administration within the organisation. This role ensures compliance with relevant regulations, accurate and timely payroll execution, and effective management of cash flow and accounting transactions.

Key Responsibilities:

  • Manage the end-to-end payroll process, ensuring accurate and timely payment of pensions.
  • Ensure payroll activities comply with relevant legislation, regulatory requirements and HMRC authorised practice.
  • Maintain and improve payroll systems and processes, ensuring data accuracy and integrity.
  • Address and resolve payroll discrepancies and issues promptly.
  • Monitor and manage Pensions Schemes cash flow, ensuring sufficient funds for operational needs.
  • Process payments, deposits, investments and disinvestments as per instructions.
  • Prepare and maintain ledgers and bank reconciliations.
  • Manage the set up and on-going management of trustee bank accounts as required.
  • Lead and develop the payroll and treasury team, fostering a culture of continuous improvement and professional growth.
  • Coordinate with auditors to ensure compliance and accuracy of financial records.
  • Prepare and present regular reports to senior management on payroll, pensions, and treasury activities.


Essential Professional Experience and Knowledge

  • Book-keeping and general ledger experience with a basic financial awareness of accounting procedures including budgeting and cash flow management
  • Excellent knowledge of computerised systems e.g. Microsoft Office/Windows applications, especially in Excel
  • Excellent written and communication skills which have been tested internally and externally. The ability to tailor approach according to the audience and have real marketing impact
  • Knowledge of day-to-day banking procedures including processing monthly payrolls and making accurate payments via BACS on various banking platforms.
  • Familiarity with cash/bank management systems
  • An understanding of how to deliver to internal controls and business processes.


Technical Experience and Knowledge

  • Experience of Treasury/Accounting.


Essential Educational Qualifications

  • Evidence of qualifications with a strong numeracy content.


Behavioural competencies for the role

  • Problem Solving, Credibility, Communication, Client engagement, Leadership, Continuous Learning, Adaptability/Drive.

Education and Experience:

  • Experience: Minimum of 5 years of experience in payroll, pensions, and treasury management, with at least 2 years in a managerial role.


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