At a Glance
- Tasks: Manage payroll administration and ensure timely processing for clients.
- Company: Join a supportive team in Coventry focused on payroll excellence.
- Benefits: Enjoy a competitive salary, company pension, and professional growth opportunities.
- Why this job: Be part of a collaborative environment that values diversity and inclusion.
- Qualifications: Degree or equivalent, with experience in payroll management preferred.
- Other info: This is a full-time, office-based role with a starting salary of £55,000.
The predicted salary is between 55000 - 65000 £ per year.
This is a full-time on-site role for a Payroll Manager located in Coventry. The Payroll Manager will be responsible for payroll administration, payroll management, payroll taxes, and employee benefits on a day-to-day basis.
Key Responsibilities:
- This role will work directly alongside the Director, Sales Manager & 1 other direct report within the payroll department.
- You & your colleagues will be responsible for the timely & accurate processing of a portfolio of clients across weekly, fortnightly & monthly payroll runs.
- Preparation and administration of weekly, fortnightly, four weekly and monthly payrolls.
- Distribution of online payslips and documentation.
- Administration of PAYE, National Insurance deductions based on individual allowances.
- Mandatory deductions of student loans, SSP, SMP, SAP, SPP, court orders and other legislative responsibilities.
- Working knowledge of the Construction Industry Scheme (CIS) for both sub-contractors and contractor – the role will include subcontractor verifications, subcontractor registrations and completion of monthly CIS returns plus monthly EPS submissions for CIS deductions suffered.
- Year-end RTI submissions plus submission of annual reporting and tasks including final full payment summary (FPS).
- Production of employee P60 forms.
- Ensuring all RTI submissions are sent in accordance with HMRC regulations.
- Employment Payment Summary (EPS) to reclaim statutory payment and construction industry scheme (CIS) suffered, pay apprenticeship levy and claim employment allowances.
- Prepare and submit P11d benefits and expenses yearly returns, including collating information on various benefits such as cars, health insurance, accommodation etc.
- Dealing with HMRC.
- Set up auto enrolment pension schemes.
- Integrate payroll journal information.
Qualifications:
- Education: Degree or equivalent qualification, preferably CIPP certified.
- Experience: 3 Years+ in payroll management preferred although not essential.
- Technical Skills: Extensive knowledge in Sage Software.
- Skills: Strong problem-solving and organisational skills; Excellent interpersonal skills; Proficient with Microsoft Office Suite, Excel, Sage 50, and adaptable to new technologies.
Starting salary is £55,000 per annum, with incentives available. Please note this role is strictly office based.
Job Types: Full-time, Permanent
Pay: From £55,000.00 - £65,000 per year
Benefits: Company pension, Opportunities for professional growth and development, Competitive annual leave, On-site parking, Collaborative and supportive work environment.
Schedule: Monday to Friday
Work Location: In person
Diversity & Inclusion: We are committed to fostering a diverse and inclusive workplace where everyone feels valued and respected. We believe that diversity of thought and experience is essential to our success. We are an equal opportunity employer and do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Payroll Manager employer: Payroll Solution Services LTD
Contact Detail:
Payroll Solution Services LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Manager
✨Tip Number 1
Familiarise yourself with the specific payroll software mentioned in the job description, particularly Sage. If you haven't used it before, consider taking an online course or watching tutorial videos to get a good grasp of its functionalities.
✨Tip Number 2
Brush up on your knowledge of payroll legislation and compliance, especially regarding PAYE, National Insurance, and the Construction Industry Scheme (CIS). Being well-versed in these areas will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Network with professionals in the payroll field, especially those who have experience in accountancy practices. Attend industry events or join relevant online forums to connect with others and gain insights that could help you stand out.
✨Tip Number 4
Prepare to discuss your previous payroll management experiences in detail during the interview. Be ready to share specific examples of how you've handled payroll processes, resolved issues, and contributed to team success in past roles.
We think you need these skills to ace Payroll Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll management, particularly with Sage and MS Excel. Emphasise any previous roles in accountancy practices and specific payroll tasks you've handled.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the Payroll Manager role. Mention your familiarity with payroll processes, tax regulations, and your ability to work collaboratively within a team.
Highlight Relevant Skills: In your application, clearly outline your analytical skills, problem-solving abilities, and communication strengths. These are crucial for the Payroll Manager position and should be evident in your written application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is essential in payroll management.
How to prepare for a job interview at Payroll Solution Services LTD
✨Know Your Payroll Basics
Make sure you brush up on your payroll knowledge, especially regarding PAYE, National Insurance deductions, and the Construction Industry Scheme (CIS). Being able to discuss these topics confidently will show that you're well-prepared for the role.
✨Demonstrate Your Technical Skills
Since the role requires extensive knowledge of Sage Software and MS Excel, be ready to discuss your experience with these tools. You might even want to prepare examples of how you've used them in previous roles to solve problems or improve processes.
✨Showcase Your Communication Skills
As a Payroll Manager, you'll need to communicate effectively with various stakeholders. Prepare to share examples of how you've successfully communicated complex payroll information to non-financial colleagues or clients in the past.
✨Emphasise Your Problem-Solving Abilities
Highlight your analytical skills by discussing specific challenges you've faced in payroll management and how you resolved them. This will demonstrate your ability to handle the complexities of payroll administration effectively.