Payroll and Benefits Specialist.

Taylor James Resourcing; City Of London; On-site; GBP 51,000 - 60,000; Full time

Job summary

A leading financial services organization in London is seeking a Payroll and Benefits Specialist to manage payroll and benefit activities for both the company and its clients. The role is initially contract-based until September 2024, with potential for permanency. Responsibilities include end-to-end payroll processing, tax year-end execution, and managing pension requirements. Candidates should be prepared for a dynamic environment.

Responsibilities

• Manage end-to-end payroll processing for multiple client organisations.
• Plan and execute tax year-end tasks including liaising with HMRC.
• Develop and manage the payroll system for optimal performance.
• Manage pension requirements across the company and its clients.
• Generate payroll reports and perform data analysis.
• Liaise with benefit providers and undertake annual benefit reviews.
• Support HR team projects onboarding new clients onto payroll software.

Job description

Overview

Payroll and Benefits Specialist. To £60,000

This leading financial services organisation has an excellent reputation and is continuing to grow. As a result of this they are now looking for a payroll professional, initially on a contract until September 2024 but with the possibility of a permanent position at that time.

The main function of the role will be managing the company and its client's payroll and benefit activities and ensuring that these run smoothly, efficiently and accurately.

Responsibilities

• Working with the wider HR team and managing the end-to-end payroll processing for multiple client organisations, including payroll inputs and checks across several different payroll providers
• Plan and execute tax year end including liaising with HMRC when needed, generating P11Ds, P60s and reconciling Directors NI
• Develop, refine and manage the payroll system for optimal performance
• Manage the pension requirements across the Company and its clients in line with current provisions
• Generate payroll reports and perform data analysis to support the business and its clients and provide data as and when required
• Liaise with the benefit providers and undertake annual benefit reviews. Ensuring any benefit changes are correctly processed and reconciling benefit invoices and premiums
• Supporting the wider HR team with projects including onboarding new clients onto payroll software, including BACs setup