Payroll Associate - 12 Months Full Time Contract

www.topfinancialjobs.co.uk - Jobboard; Bedford; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading financial job board seeks a Payroll Specialist for a 12-month full-time contract in Bedford. The successful candidate will oversee payroll processing, ensure compliance with statutory requirements, and manage complex payroll queries. Strong expertise in payroll administration and decision-making is required to enhance operational efficiency and manage escalations effectively.

Qualifications

• Extensive experience of payroll administration with expertise level knowledge.
• Proven success in driving process change from conception to implementation.
• Ability to manage escalations and provide technical guidance.

Responsibilities

• Calculating employee pay, withholding taxes, and maintaining payroll records.
• Processing payroll for different employee types, including tax calculation.
• Ensuring compliance with statutory filings and liaising with local tax authorities.

Skills

Payroll administration

Decision-making

Process improvement

Risk management

Change and transformation

Job description

This role is responsible for specialist payroll support in the delivery of the UK and Crown Dependency payrolls. The role manages critical payroll activity to ensure the accurate and timely delivery of the monthly payroll, such as running the gross to net calculations, providing input to change projects both business and government led, and administering legislative documentation such as P60 and P11D. The role provides effective management of escalations for the tier 2 payroll team, offering guidance and support through to resolution.

To be successful as a Payroll Specialist, you must have experience with:

• Extensive experience of payroll administration and support, with expertise level knowledge.
• Decision-making that takes accountability of policy, legislation, operational performance, and team deliverables.
• Proven success in driving process and procedural change initiatives, from conception to implementation.

You may be assessed on key skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology skills, as well as job-specific technical skills.

This is a 12-month full-time contract based in Northampton.

Purpose of the role

To manage payroll functions, including calculating employee pay, withholding taxes, and maintaining accurate payroll records, while dealing with complex pay queries.

Accountabilities

• Processing payroll for hourly, salaried, and commissioned employees, including tax and contributions calculations, withholding, and payouts.
• Managing employee payroll records and troubleshooting issues.
• Providing guidance and support to employees on payroll matters, such as salary calculations, overtime, bonuses, and commissions.
• Ensuring compliance with statutory filings and managing responses to government notices.
• Handling payroll statutory reporting and liaising with local tax authorities.

Analyst Expectations

• Performing activities timely and to a high standard, driving continuous improvement.
• Possessing in-depth technical knowledge and experience in the area of expertise.
• Leading and supervising a team or developing technical expertise as an individual contributor.
• Partnering with other functions and taking responsibility for operational processing and activities.
• Escalating breaches of policies and embedding new policies for risk mitigation.
• Advising on decision-making within the area of expertise and managing risks and controls.
• Understanding how the sub-function integrates within the organization and demonstrating leadership behaviors if applicable.
• Making evaluative judgments and resolving problems based on factual analysis.
• Communicating effectively with stakeholders and building networks outside the immediate team.

All colleagues are expected to demonstrate Barclays' values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive.