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Pension Payroll Manager

HSBC Global Services Limited

Dover

Hybrid

GBP 35,000 - 55,000

Full time

7 days ago
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Job summary

An established industry player seeks a Pension Payroll Manager to oversee financial activities related to pension scheme members. This role involves managing payroll processes, ensuring compliance with regulations, and providing essential reporting. The ideal candidate will possess a strong background in payroll management and pensions finance, with excellent numerical and IT skills. Join a forward-thinking company that champions diversity and offers professional development opportunities, competitive pay, and a supportive work environment. If you are ready to make a significant impact in a dynamic setting, this position is for you.

Benefits

Private Healthcare
Enhanced Maternity and Adoption Pay
Contributory Pension Scheme
Professional Development Opportunities

Qualifications

  • Experience in payroll management with a recognised qualification.
  • Strong knowledge of RTI and BACS Payment Services is essential.

Responsibilities

  • Oversee pension payroll processing, account reconciliations, and invoice management.
  • Manage the Banking team and ensure accurate payroll completion.

Skills

Payroll Management
Pension Administration
RTI Knowledge
BACS Payment Services
Numerical Skills
Excel Proficiency
Attention to Detail
Time Management
Manual Payroll Calculations
Continuous Personal Development

Education

Recognised Payroll Qualification

Tools

SIPP~Pro
Cashvac

Job description

Some careers shine brighter than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Our Digital Business Services teams are the foundation of HSBC, providing essential support across technology, operations and key central business services for our global businesses and functions. This includes running customer operations, delivering innovative digital solutions for customers and colleagues, managing bank-wide change, and central services such as procurement and real estate management. The teams play a vital role in driving great experiences for customers, colleagues, and enabling the bank’s strategy.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

The role of Pension Payroll Manager within the HSBC Wealth Retirement Services - Banking team will be responsible for overseeing all financial related activity in respect of pension scheme members, including payroll processing, direct debit administration, account reconciliations, invoice management and general pension finance duties.

This position would be ideal for someone who has demonstrable experience in pensions payroll and pensions finance.

In this role you will:
  1. Management and oversight of the Banking team
  2. Accurate completion of monthly and supplementary pension payrolls – reconciliation, tax code processing, RTI reporting, BACS processing, and payslip/P45 production
  3. Accurate completion of daily account reconciliations
  4. Overseeing direct debit administration for pension contributions
  5. Production of regulatory/member reporting
  6. Provide information to HMRC in line with HMRC requirements and deadlines
  7. Ensuring invoices are raised in line with terms and conditions and in a timely manner
  8. Debt recovery in connection with invoices
  9. Production of management information as and when required
  10. Procedure reviews
  11. Participation in projects
  12. Training and coaching members of staff at all levels
  13. Allocation and supervision of work across teams
  14. Auditing/peer checking of work across teams

To be successful in this role you should meet the following requirements:
  1. Demonstrable working payroll experience with a recognised payroll qualification
  2. Knowledge of pension administration system (SIPP~Pro) would be beneficial
  3. Knowledge of Cashvac is advantageous but not essential
  4. Continuous personal development staying up to date with payroll legislation
  5. Experience of manual payroll calculations
  6. Strong knowledge of RTI, Government Gateway and BACS Payment Services
  7. Excellent numerical skills
  8. Competent IT skills/Excel
  9. Strong attention to detail
  10. Strong organisation and time management skills working to tight deadlines
  11. The ability to work on own initiative as well as being able to identify when it is necessary to seek advice and support

This role can be based in London or Fareham and offers hybrid working.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long-term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email:
hsbc.recruitment@hsbc

Telephone: +44 207 832 8500

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