At a Glance
- Tasks: Process pension payrolls and ensure compliance with tax regulations.
- Company: Thriving business in Liverpool City Centre with a vibrant team.
- Benefits: Up to £34,000 salary, 25 days holiday, private medical, and death in service benefit.
- Other info: Opportunities for continuous improvement and career growth.
- Why this job: Join a dynamic team and make a real impact in payroll administration.
- Qualifications: Strong understanding of PAYE, pension taxation, and payroll processes.
The predicted salary is between 36000 - 44000 £ per year.
Adaptable Recruitment are excited to be working with a thriving business based in Liverpool City Centre who is looking to recruit an experienced Pension Payroll Administrator to join their vibrant team.
Salary and Benefits
- Up to £34,000 per annum
- 25 days holiday + Bank Holiday
- Private Medical after a qualifying period
- 4 x salary death in service benefit
Job Duties and Responsibilities
- Payroll Processing
- Process regular and ad-hoc pension payrolls (monthly, quarterly, annual)
- Calculate and process: Pension income payments, Tax deductions (PAYE), Lump sums, drawdown payments, and death benefits
- Ensure all payments are authorised and released within agreed SLAs
- Tax & Compliance
- Apply PAYE tax codes in line with HM Revenue & Customs requirements
- Submit Real Time Information (RTI) reports accurately and on time
- Process P45s, P60s, and year-end tax reconciliations
- Maintain compliance with pension legislation and internal controls
- Member & Adviser Support
- Respond to member, IFA, and third-party queries relating to payroll and payments
- Provide clear, accurate explanations of tax and payment calculations
- Support vulnerable customers in line with Consumer Duty expectations
- Systems & Data Management
- Maintain accurate member records across payroll and administration systems
- Update tax codes, bank details, and payment instructions
- Support system testing, upgrades, and process improvements
- Continuous Improvement
- Identify opportunities to improve payroll processes, controls, and efficiency
- Support automation and standardisation initiatives
- Contribute to operational KPIs and service delivery reporting
Key Skills & Experience
- Essential
- Strong understanding of PAYE and pension taxation
- Knowledge of RTI submissions and HMRC requirements
- High level of accuracy and attention to detail
- Ability to manage multiple payroll cycles and deadlines
- Desirable
- Experience with pension administration platforms
- Understanding of drawdown and complex benefit payments
- Experience in a regulated financial services environment
- Experience in pension payroll administration
Competencies
- Strong organisational and time management skills
- Analytical and problem-solving ability
- Clear and professional communication
- Customer-focused mindset
- Ability to work independently and as part of a team
Pension Payroll Administrator in Liverpool employer: All The Top Bananas
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StudySmarter Expert Advice🤫
We think this is how you could land Pension Payroll Administrator in Liverpool
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like All The Top Bananas. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pension Payroll Administrator in Liverpool
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to All The Top Bananas.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on All The Top Bananas's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at All The Top Bananas
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with All The Top Bananas.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at All The Top Bananas will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former All The Top Bananas employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
