Payroll Specialist

Payroll Specialist

• Annual Salary: £35 - 45k
• Location: Central London
• Job Type: Full-time

We are seeking a Payroll Specialist to oversee and manage payroll operations for our Group companies. This role is ideal for someone with a strong background in payroll management, particularly within recruitment agencies, and a deep understanding of compliance regulations such as CIS, Umbrella, and Ltd Co setups.

Day-to-day of the role:

• Oversee payroll processing for the Group companies using bespoke software tailored for CIS, Umbrella, and Ltd Company formats.
• Manage pensions, salary sacrifice schemes, and employee benefits including Electric Vehicles (EV).
• Process Benefits in Kind and ensure accurate submission of all EPS, RTI, and FPS to relevant authorities.
• Oversee compliance with CIS and Intermediary reporting requirements.
• Collaborate with the IT department on CRM and system development, including enhancements to the company website.
• Work closely with the resourcer to ensure candidate compliance with relevant laws and regulations.
• Resolve any payroll-related queries from employees or management promptly and efficiently.
• Engage with the wider finance team to ensure cohesive financial operations and reporting.
• Conduct IR35 reviews and manage the CIS and umbrella components effectively.

Required Skills & Qualifications:

• Proven experience as a Payroll Specialist or similar role, preferably within a recruitment agency setting.
• Strong knowledge of payroll software and systems, particularly those designed for CIS, Umbrella, and Ltd Company payroll processing.
• Familiarity with pensions, salary sacrifice schemes, and processing Benefits in Kind.
• Excellent understanding of compliance regulations related to CIS, IR35, and intermediary reporting.
• Strong problem-solving skills and the ability to handle multiple tasks simultaneously.
• Excellent communication and interpersonal skills to interact effectively with all levels of the organisation.
• Proficiency in using CRM systems and contributing to system development projects.

Benefits:

• Annual salary reviews
• Opportunities for professional growth and development
• Study support
• Hybrid working pattern
• And more!