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Pensions Payroll Administrator

Tulip Recruitment
Posted 2 days ago, valid for 16 days
Location

Winchester, Hampshire SO21, England

Salary

£25,000 - £30,000 per annum

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Contract type

Full Time

Retirement Plan
Life Insurance

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Sonic Summary

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  • Our client is looking for a Pensions Payroll Administrator to join their team on a permanent basis due to continued growth.
  • The role involves preparing and managing the pensioner payroll process, ensuring timely and accurate payments.
  • Candidates should have previous pension payroll experience and at least 2 years in a similar role, with a salary offered around £30,000 to £35,000.
  • The position offers hybrid working and a generous benefits package, including private medical insurance and 26 days of annual leave.
  • Key responsibilities include processing payrolls, ensuring compliance with deadlines, and addressing queries from pensioners and clients.

Due to continued growth, our client is seeking a Pensions Payroll Administrator to join their team on a permanent basis. Working as part of the Pensions Administration Department you will prepare and manage the pensioner payroll process ensuring they are paid accurately and on time.

Hybrid working as well as a generous benefits package is available but not limited to:

  • Private Medical Insurance
  • Life assurance
  • Professional study support
  • 26 days annual leave with option to buy and sell holiday
  • Discount schemes

Key Responsibilities:

  • Ensuring pensioners are paid accurately and on time, in accordance with legislation and organisational timetables
  • Prepare and manage the pensioner payroll process for client payrolls in line with procedures
  • Responsible for a portfolio of payrolls to process from start to finish
  • Ensure payroll changes are recorded correctly on the work management system and processed according to agreed procedures
  • Reconciliation of payroll costs and changes against Pensions Admin System
  • Ensuring PAYE for pension schemes is paid within deadlines
  • Production and distribution of P60s (including online P60s)
  • Ensure payments to pensioners, HMRC & 3rd party bodies are made on a timely basis and within agreed controls
  • Answer queries from pensioners, colleagues, partners & clients, and 3rd party bodies accurate and timely
  • Ensure compliance with agreed payroll deadlines and escalate any payrolls that are falling behind deadlines
  • Support Payroll Team on payroll matters
  • Maintain payroll and ancillary systems
  • Provide assistance with ad-hoc payroll projects such as setting up payrolls for new clients and managing transitions to other payroll systems (exits)
  • Advise and assist Client Teams on payroll matters
  • Issue payslips to pensioners timely ensuring these are sent to the confirmed up to date address. Check and load online payslips onto the client website.

Required skills and experience

  • Previous pension payroll experience
  • Reconciliation of payroll
  • Strong accuracy and attention to detail.
  • Ability to work well as part of a team, and on own initiative
  • Good communication skills
  • Good attention to detail
  • Well organised
  • Hands on with a can-do attitude
  • Strong math skills with an ability to spot numerical errors
  • Excel to intermediate level

If you do not hear from a Consultant within 2 weeks of your application then unfortunately, on this occasion, you have been unsuccessful

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