Payroll Finance Specialist

TN United Kingdom; Telford; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a Payroll Finance Specialist to join their HR Services team. This pivotal role involves managing end-to-end payroll services for the UK and Ireland, ensuring compliance and delivering exceptional customer service. You will collaborate on various payroll projects, support audits, and implement systems that enhance operational efficiency. With a commitment to diversity and inclusion, this organization offers a competitive salary, generous leave, and numerous opportunities for professional growth. If you are passionate about payroll finance and looking to make a meaningful impact, this role is perfect for you.

Benefits

28 Days Annual Leave + Public Holidays

Pension Scheme

Employee Share Ownership

Internal Mobility Opportunities

Learning Resources

Qualifications

• Degree level or payroll/finance qualification required.
• Significant payroll finance experience is essential.

Responsibilities

• Manage payroll finance tasks for UK and Ireland, ensuring compliance.
• Collaborate on payroll-related projects and provide operational support.

Skills

Payroll Process Delivery

Communication Skills

Customer Service

Audit Support

Education

Degree or Recognized Payroll/Finance Qualification

Job description

Role Overview

The Payroll Finance Specialist is a key role within the HR Services UK and Ireland Team, reporting directly to the Payroll Manager. This position involves working closely with the Payroll and HR Services Team and other key stakeholders, providing specialist advice and guidance. The role offers exposure to a wide range of payroll finance specialist areas and the opportunity to take ownership of these tasks while adopting a proactive and efficient approach. The key objective is to deliver efficient and timely end-to-end payroll services, ensuring alignment with business needs and applying a continuous improvement ethos to ultimately increase customer satisfaction.

Key Responsibilities

1. Service Delivery Management: Manage the specialist payroll finance tasks for both UK and Ireland Payrolls, including reconciliations, pension reporting, control accounts, recharges, and end-of-year reporting including ERR Ireland.
2. PSA Settlement Agreements: UK & Ireland.
3. Shares Schemes Management: Joint responsibility for the UK Shares Schemes as LTI Correspondent for the UK & Ireland.
4. Project Participation: Collaborate with the Payroll Manager and Project Lead on payroll-related projects, such as integrations and acquisitions.
5. Compliance and Legislative Support: Support Payroll Manager and Payroll Compliance Lead to ensure compliance and legislative updates are cascaded to the payroll team via training and informative sessions.
6. Audit Support: Assist the Payroll team with payroll audits, including National Minimum Wage, annual audits, and HMRC audits.
7. Operational Support: Provide hands-on operational support across payroll as appropriate.
8. Query Response: Respond to all queries in a timely manner as per the Service Level Agreement.
9. System Implementation: Play a pivotal role in the implementation of global and local systems, specifically understanding requirements from a payroll, compensation, and benefits perspective.
10. Audit Actions: Responsible for audit actions and proactively work with finance on these. Act as the single point of contact for finance regarding specialist areas.
11. SOPs and Process Flows: Document all tasks completed by way of SOPs and process flows working with Payroll Project and Compliance Lead.

Qualifications and Experience

• Degree level or a recognized payroll/finance qualification.
• Fluent in English.
• Knowledge of payroll process delivery within a shared services organization.
• Excellent written and verbal communication skills.
• Experience operating within a fast-paced, results-oriented shared services environment.
• Significant payroll finance experience, exposure to complex specialist topics, and working within payroll teams.
• Excellent customer service skills and ability to communicate effectively across the organization.

Our Values and What We Offer

At Schneider Electric, Diversity & Inclusion is at the heart of our organization. We recognize that embracing diversity unlocks innovation and creativity and fosters collaboration. We offer a competitive salary & bonus scheme, 28 days annual leave + public holidays, pension scheme, employee share ownership, internal mobility opportunities, learning resources, and more.

Application Process

Please submit an online application to be considered for this position. The role will be posted until filled. Join us and make an impact with your career!