A permanent opportunity has become available for a Payroll & Benefits Team Leader to join a fantastic City based FTSE client and take responsibility for the smooth end to end in-house delivery of its payroll and the administration of the benefits across its 3000 strong employee population.
The Payroll & Benefits Team Leader will manage and support a team of three in the delivery of the multiple monthly payrolls, checking the accuracy and quality of their data and ensuring they meet the required business and payroll deadlines. In addition, the Payroll and Benefits Team Leader is responsible for ensuring all queries relating to payroll and benefits are dealt with and resolved efficiently and in an exemplary manner.
The client is London based and offers a hybrid model with 2-3 days worked from their City offices and 2-3 days from home depending on business requirements. Salary offered up to £75K (depending on experience) with bonus and an attractive benefits package.
While the client operates within the financial services sector, they are open to industry background. However we do need to find someone with excellent team management capability, solid experience delivering complex payrolls to businesses with a large employee base (several thousand ideally); be payroll system savvy and someone who can remain calm and unflustered in high pressure situations with a great attention detail and the ability to manipulate large sets of financial data and make manual calculations and adjustments. You do not need to have benefits administration experience up front - but you will need to be open and enthusiastic to take it on (training will be given!).
Responsibilities:
- Manage the monthly payroll payment processing in line with legislation and company policy, and support and manage the payroll team in the processing of the monthly payrolls and administration of the company benefits.
- Provide advice and guidance on payroll best practice, policy, process and operating procedures.
- Identify opportunities for improvement, make suggestions and implement appropriate changes.
- Manage payments to third parties, including HMRC and Pension providers.
- Administer year end payroll processing (e.g. P11d) and reporting in line with legislation.
- Provide monthly MI reports on payroll and benefit related KPIs
- Ensure regular record and data audits are conducted and appropriate follow up is completed.
- Assist the Department Head in the co-ordination of annual benefits scheme renewals for all group divisions
- Manage and process all Life Assurance and Group Income Protection claims across the client.
- Manage the collation and distributions of papers and attendance for the quarterly DC pension governance meetings.
- Plan and organise time and tasks within the team effectively, ensuring that agreed payroll and benefits service levels are achieved.
- Ensure all team members collaborate effectively with the HR Advisors and HR Business Partners to resolve any pay and benefit queries in a timely manner.
- Empower, nurture and engage team members in an inclusive culture through coaching, mentoring and team-development in order to increase productivity performance.
- Actively provide oversight and direction to employees in accordance with the clients policies, procedures, standards and SLAs
- Provide expert advice and interpretation of Payroll legislation to support managers when making pay-related decisions.
- Undertake any other duties as required.
Skills & Experience:
- Proven knowledge and experience of Payroll management in a multi-site complex organisation
- Knowledge and experience of processing in-house payrolls
- Demonstrable experience of managing and motivating a Payroll and Benefits team
- In-depth and current knowledge of payroll legislation
- Ability to manage work requests to tight timescales whilst maintaining quality
- Proven ability to deliver a Payroll (and ideally Benefits) service in line with the agreed service levels
- Experience of tax year end processing for P11d’s
- Ability to build strong working relationships with a varied client group
- Ability to manipulate, develop, analyse and present HR and Payroll reports
- Process oriented and driven to achieve continuous improvement
- Advanced Excel skills (Vlookups, pivot tables etc)
Desirable
- Experience of working within Financial Services sector
- Working knowledge of Resourcelink
- Previous experience of managing Channel Islands and Republic of Ireland payrolls
- Previous experience of managing/assisting with benefit scheme renewals
Dalton Recruitment Ltd is acting as a recruitment agency in relation to this role. We will always try to respond to all applications individually but due to the high volume we receive, this may simply not be possible. So if you do not hear back from us within 3 working days, please accept our apologies but please also assume you have been unsuccessful on this occasion.