Payroll Manager - London

Posted 10 hours 25 minutes ago by PSD Group

Permanent
Full Time
HR / Recruitment Jobs
London, United Kingdom
Job Description

Our exclusive client is searching for a professional and readily available Payroll Manager on a full-time hourly basis, reporting into the Head of Payroll. This is a hybrid role and will require some coaching with fellow team members on site as well as the ability to conduct and carry out some project lead work.

Responsibilities:
  • Oversee the end-to-end payroll process, including data input, calculations, and disbursements, to ensure accurate and timely payroll processing for all colleagues.
  • Review and approve payroll transactions, including salaries, wages, overtime, bonuses, and deductions, to ensure compliance with policies and legal requirements.
  • Stay updated on payroll laws, regulations, and compliance requirements, including tax legislation, pension regulations, and statutory reporting obligations.
  • Ensure payroll practices comply with relevant laws, regulations, and industry standards, mitigating risks and maintaining the in-house reputation.
  • Identify opportunities to streamline and automate payroll processes, leveraging technology and best practices to enhance efficiency and accuracy.
  • Generate payroll reports and analytics to provide insights into payroll trends, costs, and variances, supporting decision-making and strategic planning.
  • Conduct regular audits and reconciliations of payroll data to ensure accuracy and integrity, addressing discrepancies and errors as needed.
  • Work in partnership with the Finance team to ensure robust governance and controls are built into the payroll process.
  • Serve as a point of contact for internal and external stakeholders, including colleagues, vendors, and auditors, regarding payroll matters.
  • Provide strategic guidance and recommendations on payroll-related policies, procedures, and initiatives to support organizational objectives and priorities.
  • Coordinate and facilitate payroll audits conducted by internal and external auditors, providing requested documentation, supporting evidence, and assistance as needed.
  • Implement audit recommendations and corrective actions to address findings and improve payroll processes and controls.
Qualifications:
  • In-depth understanding of payroll processes, regulations, and compliance requirements.
  • Understanding of payroll accounting principles and practices.
  • Knowledge of payroll best practices and industry standards.
  • Awareness of benefits administration and related payroll implications.
  • Knowledge of UK labour laws and regulations related to pay, overtime, and colleague classification.

In return, you will receive pro-rated holidays and flexibility to work in the office or home-based, barring some training time in the office/meetings to support the team.