Global Payroll Accountant

Overview

Global Payroll Accountant at Beazley

Ownership of global payroll accounting for Beazley PLC. This role would suit an ACCA qualified accountant to manage the input of payroll and share related data in the general ledger on a timely and accurate basis in line with defined reporting timetables, as well as owning the financial control / governance that supports this (e.g. reconciliation & audit processes). The role will also involve engaging with People & Sustainability payroll processing team and being a core contributor to aligning the payroll processes post the recent implementation of Workday. It will also require you to manage and mentor the Finance Payroll Analyst.

Responsibilities

• Requires a minimum of 5 – 10 years global payroll accounting experience and a good background in payroll processing in order to be able to understand and converse successfully with the payroll processing team.
• A strong understanding of share schemes including Share Vesting, SIP, ISIP, SAYE & SUW. You will be required to account for multiple schemes for the business and liaise with various stakeholders.
• Ensure that Finance Payroll Analyst has the knowledge and the skills necessary to perform effectively and expand their responsibilities
• Maintain a robust Balance Sheet reconciliation process for all the payroll related accounts ensuring that they are continuously reviewed and agreed on a monthly basis and that all balances are understood and investigated where necessary.
• Act as lead contact regarding the Audit of the payroll accounting output and be able to successfully and effectively explain all the movements that have taken place.
• Work closely & collaboratively with the current expense managers (and team) to ensure alignment of outputs and synergies where possible.
• Ensure dependencies, deliverables and the impact of the payroll teams processes & outputs are fully understood across finance & wider business through effective business partnering.
• Own the delivery of Payroll end-to-end for month & quarter end (fast close) processes. Deliver & own control & governance framework in line with requirements. Specific Business Partner Activities will include, but are not restricted to, the following:
• Act as business partner for payroll data & process issues (incl. Equiniti & SUW). Partner P&S to maximise efficiency / accuracy & enable knowledge sharing across payroll. Ad hoc requests from the business.

Strategic Objectives

• Review current Payroll accounting capability and offering. Then help to develop a strategy to implement on how we improve on this capability and offering – giving Beazley a robust and value adding Payroll accounting capability to meet the future requirements of the organisation (i.e. further develop the expense function of tomorrow).
• Own, manage & support the delivery of strategic projects from a payroll perspective (both Actuals & Planning) to ensure they align to group requirements and are compatible with BAU processes.
• Own, manage & support the delivery of local expense projects (Payroll related) to ensure they align to group requirements and are compatible with BAU processes.

Core Competencies

• Analytical Thinking: Logical analytical approach to rapidly changing data and situations. Considers wider implications across functions and varying scenarios to Beazley. Professionalism: Consistently demonstrates integrity, is highly credible, respectful and trustworthy and represents the expense team in a professional manner.
• Builds and maintains successful working relationships and is seen to go the extra mile.
• Learning and development: Identifies strengths and weaknesses and seeks to improve performance. Recognises and takes responsibility for mistakes and learns from them.
• Adaptability: Effectively manages changing priorities in a dynamic environment. Seeks training opportunities to understand new working methods. Proves resilient in uncertain and difficult situations and adapts approach/plans/style as required.
• Responsibility and Accountability: Assumes full responsibility for the consequences of own behaviour and decisions. Delivers on commitments to clients demonstrating reliability and dependability. Admits mistakes and takes responsibility for correcting them.
• Communicating Effectively: Timely communication of new information to relevant parties. Adapts communication style / form as appropriate to the audience and illustrates an understanding of their experience and needs. Conveys complex information clearly and concisely. Persuades through uncovering shared benefits and outcomes, looking for mutually satisfactory solutions.
• Demonstrating Teamwork: Seeks collaboration as appropriate and shares knowledge/best practise and helps others when asked. Acknowledges when other members of the team are under comparatively increased pressure and volunteers to support them while maintaining responsibility for own tasks. Teaches new team members & coaches others; identifies opportunities for collaboration (NB: definition of team is extended beyond the expense team as appropriate).
• Innovative approach: Independently finds solutions to advanced problems and identifies potential barriers to solutions and provides alternatives. Challenges assumptions and “the way we have always done it”. Embraces change & communicates the benefits of change to others. Integrity and Control Use business knowledge to identify potential errors with financial impact and take steps to prevent and/or correct such errors, highlighting where necessary to management.
• Act as a conduit between the Finance department and other departments in order to maintain financial data integrity. Produce and maintain procedures documentation for own tasks.

General

It is important that within all your interactions both internally and externally you adhere Beazley’s core values – Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley Employees To comply with Beazley procedures, policies and regulations including the code of conduct.

Employees To

• Comply with Beazley procedures, policies and regulations including the code of conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or Assurance Teams (Compliance, Risk, Internal Audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers. Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or Assurance Teams (Compliance, Risk, Internal Audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.

Education And Qualifications

• Experienced qualified accountant (ACA/ACCA/CIMA)
• Experience payroll and remuneration related transactions (e.g. share incentives)
• Experience of month end reporting cycles within complex organisations

Capabilities

• Absolute integrity and discretion of all information available within this role
• Customer focus, Stakeholder management & relationship building
• Understanding of controls frameworks including documentation
• Adaptability & experience of a deadline driven environment
• Strong attention to detail & strong written and verbal communication skills
• Problem solving, decision making, analytical and conceptual thinking

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Human Resources
• Industries
• Insurance

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