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SIPP Administrator (training on Payroll)

Dimensions Specialist Recruitment Ltd
Posted 5 days ago, valid for 20 hours
Location

Sutton, Surrey SM12BE, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A global financial services organization is seeking a candidate for their Retail Pensions division to assist in the administration of SIPPS and receive training on SIPP Payroll.
  • The role involves processing complex aspects of SIPP administration, including benefit calculations, payroll management, and handling divorce cases and QROPS transfers.
  • Candidates must have proven experience in SIPP administration and ideally an understanding of HMRC rules governing pension transfers and benefit payments.
  • The position offers a salary of £30,000 to £35,000, and requires a minimum of 2 years of relevant experience.
  • The role includes hybrid working options, an end-of-contract bonus, and additional benefits such as a free gym and parking.

We are working with a global financial services organisation share a commitment to making things better for clients and each other. They continually explore new technology and different ways of working to put their clients first.

A new opportunity has arisen within their Retail Pensions division to join them in the administration of SIPPS and be trained on SIPP Payroll. This particular area of the business is responsible for processing complex elements of SIPP administration including benefit calculations and payment, divorce cases, QROPS transfers, payroll management and online exception processes.

Using your SIPP knowledge and experience in providing uncompromising service their IFAs and clients and your responsibilities will include (with training on the payroll elements):

  • Organising and overseeing the regular pension payroll cycles and all other related work
  • Managing daily process control & data quality reports, monitoring & reconciliation
  • Overseeing and executing the monthly PAYE payment to HMRC
  • Supporting tax or other operational Payroll Processing queries
  • Maintaining and updating team procedures, process flows and quick guides where any process changes or improvements are made
  • Handling platform incidents relating to Benefits processes including payroll
  • Overseeing appropriate escalation of issues to management e.g. those that have regulatory/reputational/financial risk

Case management of technical or complex client instructions to ensure the best possible client outcome

It is essential that you possess proven experience in the administration of SIPPS, coupled ideally with an understanding of HMRC rules which govern pension transfers and benefit payments

Organised with the ability to complete multiple tasks against tight deadlines, you will be someone with accuracy and attention to detail in all aspects of service delivery, documentation and reporting, possess confident communication skills, be numerate and computer literate (Excel, Word and PowerPoint) and be comfortable working with people and teams across the business and locations

The role offers hybrid working (2 / 3 days in office), together with a remuneration package that includes end of contract bonus, onsite (free) gym, parking and a non-contributory pension etc.

Further information is available on application.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.