Payroll & Benefits Specialist: Precision & Compliance

Wenzels; Watford; On-site; GBP 33,000 - 41,000; Full time

Benefits offered by this job

Wenzel's Stores discount 50%

Company pension scheme

28 days’ holiday

Birthday day off

Training and development

Wellbeing Centre & EAP

Job summary

Wenzels is looking for a Payroll Specialist to deliver end-to-end payroll processing and oversee compensation and benefits administration. You will ensure HMRC compliance, manage payroll data, and support the People function with analytics and improvements.

Based in Watford, this role reports to the Head of People and offers a competitive salary and benefits package, including pension, holiday entitlement, and training opportunities.

Qualifications

• Proven experience managing end-to-end payroll for a medium or large organisation.
• In-depth understanding of UK payroll legislation, taxation, and compliance.
• Experience managing compensation and benefits programmes, including vendor liaison.
• Strong analytical and problem-solving skills; able to interpret data and provide insights.
• Excellent communication and stakeholder management skills.
• High attention to detail and ability to manage multiple priorities.
• Advanced proficiency in HRIS, T&A, payroll systems, and Microsoft Excel.
• Relevant qualification in payroll or HR (e.g. CIPP, CIPD) preferred.

Responsibilities

• Manage monthly payroll processing accurately and in line with statutory deadlines.
• Complete monthly PAYE and NI reconciliations, ensuring timely payment preparation.
• Manage submissions for salary sacrifice schemes and liaise with agencies on Attachment of Earnings and Court Orders.
• Ensure Benefit in Kind items are accurately recorded and reported through P11D and PSA submissions.
• Maintain compliance with payroll legislation and HMRC requirements.
• Lead preparation of the monthly Payroll KPI Dashboard.
• Forecast and plan future payroll requirements through data analysis and reporting.
• Collaborate with internal stakeholders to deliver payroll and compliance projects effectively.
• Provide expert advice on complex payroll and compliance matters.
• Identify and implement process improvements for efficiency and accuracy.
• Act as a subject matter expert for payroll, compliance, and benefits, supporting HR and Finance.
• Complete ONS submissions and Gender Pay Gap reporting as required.
• Partner with the People team to design and maintain fair and competitive compensation and bonus structures.
• Assist with job analysis and compensation classification exercises.
• Evaluate the effectiveness of benefit packages using employee feedback and benchmarking data.
• Liaise with brokers and benefit vendors to ensure smooth service delivery.
• Identify trends and patterns in compensation and benefits to maintain competitiveness.
• Conduct research to inform benefit programme improvements.
• Work with Finance to ensure accurate and timely P11D submissions.
• Support benchmarking and evaluation of existing benefit plans.

Skills

End-to-end payroll

UK payroll legislation

Analytical skills

Stakeholder management

Attention to detail

Education

CIPP or CIPD (preferred)

Tools

Microsoft Excel

HRIS

Payroll systems

Job description

Wenzels is looking for a Payroll Specialist to deliver end-to-end payroll processing and oversee compensation and benefits administration. You will ensure HMRC compliance, manage payroll data, and support the People function with analytics and improvements.

Based in Watford, this role reports to the Head of People and offers a competitive salary and benefits package, including pension, holiday entitlement, and training opportunities.