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Employee Payments Specialist (Payroll)

Job Title: Employee Payments Specialist (Payroll)
Contract Type: Permanent
Location: London
Industry:
Salary: 35000-40000
Start Date: February 2020
Reference: 032647
Job Published: February 05, 2020 16:52

Job Description

Employee Payments Specialist (Payroll) 032647
Organisation - Chief Finance Officer
Job - Payroll
Position Type - Full Time
 
Salary £35,000 - £40,000

 
Contract Type : TfL

The closing date for applications is 12 February 2020 @23|:59 hours

This is an exciting opportunity to utilise your payroll expertise in a word class organisation.

 

You’ll support both the Employee Payments Accounts, Production and /or Systems management activities. You’ll be involved in preparing accurate and timely payrolls for the employees, in accordance with statutory rules, and ensuring all periodic and standing data is accurate. In addition, you’ll ensure the payroll system is capable of regularly producing accurate, compliant payrolls and is maintained to a standard that enables the ability to meet and exceed its statutory obligations and responsibilities to other industry stakeholders.  You’ll also be tasked with identifying new ways to improve the payroll system.

 

Key Accountabilities
Play a key role in assisting with the compilation of data for the PAYE Settlement Agreement with HMRC, Travel and Expense data and the collation of benefit-in-kind data as defined by HMRC to ensure statutory reporting requirements are attained

Play a key role in embedding new Employee Payments processes and driving continuous improvement initiatives

Support the drive for required cultural attributes across the team including focus on compliance and service delivery, customer service excellence, and a focus on controlled continuous improvement

Deliver on agreed Performance Metrics and Key Performance Indicators (KPIs) for Employee Payments

Provide advice and support to Managers, employees and external organisations regarding payroll production in a customer focused manner

Maintain payroll systems as required to produce timely, accurate, compliant payrolls; to manage monthly and annual payroll reporting requirements and ensure resolution of system errors/warnings and queries arising from each payroll run and escalate where necessary, ensuring that errors/warnings are not repeated.

Update payroll data for changes in legislation, contributing to the design to support payroll processes

Ensure statutory deductions are correctly made and accounted for and that all statutory returns, including those for taxable benefits, relating to the employees are produced and submitted to strict deadlines

Ensure accurate and punctual processing of payroll BACS files, CHAPS payments and Faster Payments for all employees and reconcile payroll ledger accounts each period

 
 
 
Skills
Good communication skills with both internal and external stakeholders  (Essential )

Proven ability to identify process improvement opportunities and implement improvements (Essential )

Good analytical skills and a proactive approach to problem solving (Essential)

Ability to competently use payroll systems and software (Essential)

Proficient in the use of Microsoft Office software (especially Excel) (Essential)

Ability to apply risk and control practices (Desirable)

Ability to make retrospective changes to datasets and reissue supporting documents to reflect those changes (Desirable)

Understand professional Accounting principles and standards, and understand pay agreements and models at TfL(Desirable)

Strong ability to demonstrate compliance with relevant statutory legislation(Essential )

Ability to maintain records and to to produce and interpret external and management reporting(/Desirable)

 
Knowledge
Good knowledge and understanding of Employee Payments processes and procedures including month end and year end activities (Essential )

Excellent knowledge of all pay agreements for all the various modes that make up TfL(Desirable)

Detailed and practical knowledge of company and statutory legislation pertinent to Income Tax (PAYE), National Insurance, OSP, SSP, SMP, SPP and SAP, and company pension schemes (Essential )

Good understanding of general accounting principles (Desirable)

Knowledge of payroll software and SAP HR and Finance Systems (Essential )

Very good understanding of Payroll interfaces and procedures (Desirable)

 
Experience
Experience of working in an Employee Payments / Payroll function in large organisation (Essential )

Experienced professional in working within a Business Services environment (Desirable)

Experience in dealing with third-parties (Essential )

Experience in using Employee Payments systems and applications(Essential)

Strong experience in delivering a high quality customer experience and dealing with sensitive and confidential matters (Essential )

Experience in processing high volumes of payroll data using an ERP system to extremely tight deadlines(Essential )

Experience of managing accurate and timely production of the payroll in an effective and cost-efficient manner(Essential)

Experience of using a Case Management System, SAP R3 and Microsoft tools (Desirable)

 
Equality and Diversity
We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, ethnicity, gender, sexual orientation, age or disability status

 
Application Process 
Please apply using your CV and a two page covering letter.
Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter.

 
 


  
Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow.  Rewards vary according to the business area but mostly include:

Final salary pension scheme
Free travel for you on the TfL network
A 75% discount on National Rail Season Ticket and interest free loan

30 days annual leave plus public and bank holidays

Private healthcare discounted scheme (optional)

Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers
Discounted Eurostar travel

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