At a Glance
- Tasks: Manage payroll and benefits for clients, ensuring accuracy and efficiency.
- Company: Join a leading financial services organisation with a stellar reputation.
- Benefits: Competitive salary, potential for permanent role, and supportive team environment.
- Why this job: Great opportunity to develop skills in HR and payroll while making a real impact.
- Qualifications: Experience in payroll processing and HR is preferred but not essential.
- Other info: Contract role until September 2024, with a chance for a permanent position.
The predicted salary is between 42500 - 57500 £ per year.
We are looking for a Payroll and Benefits Specialist to join our leading financial services organisation, which has an excellent reputation and is continuing to grow. This role is initially on a contract until September 2024, with the possibility of a permanent position thereafter.
Salary: £50,000 - £55,000 per annum
Sector: HUMAN RESOURCES
Type: Contract
Location: London
Main Responsibilities:
- Manage the company and its clients' payroll and benefit activities, ensuring smooth, efficient, and accurate operations.
- Work with the wider HR team to manage end-to-end payroll processing for multiple client organisations, including payroll inputs and checks across several different payroll providers.
- Plan and execute tax year-end activities, including liaising with HMRC, generating P11Ds, P60s, and reconciling Directors' NI.
- Develop, refine, and manage the payroll system for optimal performance.
- Manage pension requirements across the Company and its clients in line with current provisions.
- Generate payroll reports and perform data analysis to support the business and its clients.
- Liaise with benefit providers and undertake annual benefit reviews, ensuring any benefit changes are correctly processed and reconciling benefit invoices and premiums.
- Support the wider HR team with projects, including onboarding new clients onto payroll software, including BACs setup.
Payroll and Benefits Specialist. employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll and Benefits Specialist.
✨Tip Number 1
Familiarise yourself with the latest payroll software and systems commonly used in the industry. Being well-versed in these tools will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the HR and payroll sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Stay updated on UK payroll legislation and tax regulations, especially those related to HMRC. This knowledge will be crucial in demonstrating your expertise during interviews and discussions with potential employers.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed payroll processes or resolved issues in previous roles. Highlighting your problem-solving skills and attention to detail will make you a standout candidate for this position.
We think you need these skills to ace Payroll and Benefits Specialist.
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll and benefits management. Include specific examples of your work with payroll systems, tax year-end activities, and any experience liaising with HMRC.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your skills in managing payroll processes and your ability to work with HR teams, as well as your enthusiasm for the financial services sector.
Highlight Relevant Skills: In your application, emphasise key skills such as attention to detail, data analysis, and experience with payroll software. These are crucial for the Payroll and Benefits Specialist role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your professionalism and attention to detail, which is vital in this role.
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Payroll Basics
Brush up on your knowledge of payroll processes, tax regulations, and benefits management. Being able to discuss these topics confidently will show that you understand the core responsibilities of the role.
✨Demonstrate Attention to Detail
Since accuracy is crucial in payroll processing, be prepared to provide examples of how you've ensured precision in your previous roles. Highlight any experience with data analysis or report generation.
✨Familiarise Yourself with Relevant Software
Research the payroll systems and software commonly used in the industry. If you have experience with specific tools, be ready to discuss how you've used them to improve efficiency or accuracy.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding payroll discrepancies or benefit management issues. Think of scenarios from your past work where you successfully navigated challenges.