My client is seeking to recruit a Payroll Specialist on a 7-month fixed term contract. The role is part-time 16 - 20 hours.
The Payroll Specialist will process and manage the company's payroll calculating wages based on hours worked and administer payments. The goal is to ensure employees receive the correct compensation on time. Proven experience as Payroll Specialist with a solid understanding of accounting fundamentals and payroll best practices.
Duties:
Prepares reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages, LOS and any other reports required for the department and or business
Resolves payroll discrepancies by collecting and analysing information
Maintains payroll operations by following policies and procedures; reporting needed changes
Contributes to team effort by accomplishing related results as needed
Issuing tax forms (e.g. P45's, P60's)
Collation of payroll information from relevant departments
Check employee timesheets/clock cards, calculate overtime and holiday pay alongside any other payments due
Process employee payroll including the calculation and processing of all relevant deductions
Statutory calculations such us maternity pay, sick pay etc.
Processing of pension contributions and enrolment of eligible employees into company pension scheme and pension administration
Processing AOEs and HMRC submissions
Inputting absence and collation of absence data
Checking payslips and reports at payroll validation and rectifying identified issues
Payroll reporting
Processing of new starters and leavers
Posting of payroll journals
Conducting compliance checks
Providing advice and support to employees with pay or pension queries
Maintains employee confidence and protects payroll operations by keeping information confidential.
The successful Payroll Specialist will have:
Good excel skills
Experience of working within a payroll function
Knowledge of HMRC regulations and their application to the payroll function