At a Glance
- Tasks: Reconcile payroll accounts and ensure accurate payments to HMRC and third parties.
- 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 team.
- Qualifications: Qualified or part-qualified accountant with payroll reconciliation 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 employer: Carbon60
As a Payroll Reconciliation Advisor, you will thrive in a dynamic and supportive work environment located in the heart of London. Our company prioritises employee growth through continuous training and development opportunities, fostering a culture of collaboration and innovation. With a hybrid working model, competitive benefits, and a commitment to compliance and excellence, we offer a rewarding career path for those looking to make a meaningful impact in payroll and finance.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Reconciliation Advisor
✨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 put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your payroll legislation knowledge and analytical skills. Be ready to discuss how you've tackled discrepancies in the past – real examples will make you stand out!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills in payroll reconciliation and finance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
We think you need these skills to ace Payroll Reconciliation Advisor
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 job description, so don’t be shy about showcasing your relevant qualifications!
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 the past.
Show Off Your Skills:We’re looking for strong analytical and problem-solving skills, so make sure to mention any relevant tools or software you’ve used, like Excel or Oracle HR/Payroll systems. Highlighting these will definitely catch our eye!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details 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 need to be comfortable with numbers. Brush up on your payroll accounting knowledge and be ready to discuss how you've handled discrepancies in the past. Prepare some examples that showcase your analytical skills and attention to detail.
✨Familiarise Yourself with Legislation
Understanding payroll legislation is crucial for this role. Make sure you’re up to date with current laws and regulations. You might be asked about compliance during the interview, so having a few key points ready will show that you're knowledgeable and proactive.
✨Showcase Your Tech Skills
Since advanced Excel skills are essential, be prepared to discuss specific functions or tools you’ve used in previous roles. If you have experience with Oracle HR/Payroll systems, highlight that too! It’s all about demonstrating your technical prowess.
✨Communicate Effectively
This role involves working closely with various teams, so strong communication skills are a must. Practice explaining complex payroll concepts in simple terms. During the interview, be clear and concise in your responses, and don’t hesitate to ask clarifying questions if needed.
