At a Glance
- Tasks: Reconcile payroll accounts, resolve discrepancies, and ensure accurate payments.
- Company: Join a dynamic team in a hybrid working environment.
- Benefits: Competitive salary, flexible work options, and professional development opportunities.
- Other info: Great opportunity for growth in a large organisation.
- Why this job: Make a real impact on payroll accuracy and compliance in a supportive setting.
- Qualifications: Qualified or part-qualified accountant with payroll experience.
The predicted salary is between 35000 - 45000 £ per year.
Contract: 1 year
Location: WC1H 9BT
Working mode: Hybrid
Job Purpose
Responsible for reconciling payroll control and suspense accounts, ensuring accurate payroll payments to HMRC and third parties, resolving discrepancies, managing overpayments, and supporting payroll compliance and financial reporting.
Key Responsibilities
- Reconcile payroll control and suspense accounts against finance reports.
- Investigate and resolve payroll discrepancies and processing errors.
- Ensure accurate payroll payments to HMRC and third-party agencies.
- Manage payroll overpayments, BACS recalls, and pension contribution recoveries.
- Support month-end and year-end payroll processes and audits.
- Produce journals, financial reports, and payroll adjustment data.
- Work closely with Payroll, Finance, and Pensions teams to improve processes and controls.
- Maintain compliance with payroll legislation, policies, and internal procedures.
Essential Requirements
- Qualified or part-qualified accountant.
- Strong experience in payroll/accounts reconciliation and year-end processes.
- Experience within Payroll or Finance functions in large organisations.
- Good understanding of payroll legislation and payroll accounting.
- Strong analytical, numerical, and problem-solving skills.
- Advanced Excel and Microsoft Office skills.
- Excellent communication and stakeholder management abilities.
- High attention to detail and strong organisational skills.
Desirable
- Experience using Oracle HR/Payroll systems.
- Experience within Higher Education or similar sectors.
- Knowledge of Business Objects Reporting.
Payroll Reconciliation Advisor in London employer: Carbon60
As a Payroll Reconciliation Advisor, you will thrive in a dynamic and supportive hybrid work environment located in the heart of WC1H 9BT. Our company prioritises employee growth through continuous training and development opportunities, fostering a collaborative culture that values accuracy and compliance in payroll processes. Join us to be part of a team that not only ensures financial integrity but also champions your professional journey in a sector that makes a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Reconciliation Advisor in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the payroll and finance sectors. You never know who might have a lead on a job or can refer you directly to hiring managers.
✨Tip Number 2
Prepare for interviews by brushing up on your payroll legislation knowledge. Be ready to discuss how you've tackled discrepancies and managed overpayments in past roles. Show them you’re the expert they need!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on their radar.
✨Tip Number 4
Practice your problem-solving skills with real-life payroll scenarios. Being able to demonstrate your analytical abilities during interviews will set you apart from the competition.
We think you need these skills to ace Payroll Reconciliation Advisor in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in payroll reconciliation and accounts. We want to see how your skills match the key responsibilities listed in the job description, so don’t hold back on showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Payroll Reconciliation Advisor role. Share specific examples of how you've tackled payroll discrepancies or improved processes in previous roles.
Show Off Your Skills:Don’t forget to mention your advanced Excel and analytical skills! We love candidates who can demonstrate their problem-solving abilities, especially when it comes to payroll compliance and financial reporting.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Carbon60
✨Know Your Numbers
As a Payroll Reconciliation Advisor, you'll be dealing with numbers all day. Brush up on your payroll accounting knowledge and be ready to discuss how you've reconciled accounts in the past. Be specific about the tools you used and the outcomes you achieved.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've resolved discrepancies or processing errors in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it clear how your analytical skills led to successful resolutions.
✨Familiarise Yourself with Legislation
Understanding payroll legislation is crucial for this role. Make sure you can talk about relevant laws and regulations, and how they impact payroll processes. This will show that you're not just technically skilled but also compliant and aware of the bigger picture.
✨Communicate Effectively
Since you'll be working closely with various teams, practice articulating your thoughts clearly. Prepare to discuss how you've managed stakeholder relationships in the past, and be ready to demonstrate your communication style during the interview.
