Payroll Assistant in Potters Bar

Payroll Assistant in Potters Bar

Potters Bar Full-Time 30000 - 42000 £ / year (est.) No working from home possible
Conception X Enr.

At a Glance

  • Tasks: Process payroll for 1,500 employees and ensure accurate payments.
  • Company: Join Canada Life UK, a forward-thinking company focused on customer service.
  • Benefits: Enjoy a competitive salary, pension, private medical insurance, and ongoing development.
  • Other info: Flexible working arrangements and a commitment to diversity and inclusion.
  • Why this job: Gain hands-on experience in payroll while learning from industry experts.
  • Qualifications: CIPP qualification preferred; experience in payroll is a plus.

The predicted salary is between 30000 - 42000 £ per year.

Overview

Canada Life UK is transforming to create a more customer-focused business by providing payroll and related services for our UK and IOM operations. This role is a 12-month fixed-term contract based in Hertfordshire and involves processing all activities required to run the Canada Life payrolls, including monthly UK payroll, governance checks for the IOM outsourced payroll, UK modified payroll, and quarterly Director\'s payroll. The payroll scope covers approximately 1,500 employees, managed in the Employee Central Payroll (SAP SuccessFactors).

The role offers the opportunity to work alongside and learn from an experienced Payroll Lead.

Responsibilities

  • Process all information needed to ensure successful monthly and quarterly payroll outputs, including permanent and temporary changes, starters, leavers, and third-party schemes (e.g., shares, pension deductions, spouse insurance, sports and social club deductions, car allowances) in line with the payroll processing calendar.
  • Calculate manual adjustments for each payroll cycle (e.g., part-month deductions and pro-rated amounts) using the 260-calculation rule and verify calculations against HMRC where necessary to ensure accurate and consistent employee pay.
  • Collate and process sickness and overtime information monthly; review payroll outcomes to identify and correct errors before payments are made.
  • Run and check payroll reports (e.g., Employer Payroll Summary, Full Payment Submission) to ensure timely HMRC reporting and reconciliation of third-party payments, including monthly Revenue payments to HMRC.
  • Process monthly BACs payments, ensure funds reach the bank on time for pay day, and perform general ledger postings and monthly reconciliations.
  • Implement system and employee changes for tax year end, ensuring statutory payments increase in line with HMRC guidelines and producing end-of-year documentation (e.g., P60s).

What Experience Is Required

Technical Expertise
  • Experience in a payroll environment; a CIPP qualification is desirable.
  • Experience using SAP SuccessFactors is preferred but not essential.
  • Good understanding of tax codes and payroll calculations (P45s, P46s, PIIDs, P60s) and HMRC payroll guidelines.
Communication
  • Ability to explain complex and technical matters clearly to colleagues.
Relationship Building
  • Ability to work as part of a team to meet deadlines and maintain positive relationships with third parties to ensure payrolls run smoothly.
Taking Initiative
  • Proactive problem solving with a clear definition of problems and proposed solutions.
Developing Self and Others
  • Fosters a learning culture and keeps up-to-date with changes in legislation and technology affecting the role.

Qualifications

  • Minimum payroll qualification: CIPP (Certificate in Payroll Practice) or equivalent.
  • Practical understanding of payroll systems.

Benefits Of Working At Canada Life

We offer a competitive salary and comprehensive reward package, including pension, bonus scheme, income protection, private medical insurance, life assurance, and ongoing personal and professional development.

How We Work At Canada Life

Our culture focuses on doing the right thing for our people, customers and community. We encourage curiosity, ownership, collaboration, and a clear path to outcomes. We invest in people, technology and workplaces, offering training, flexible working, and opportunities to grow and develop.

Diversity and Inclusion

We are committed to building an inclusive workplace with a diverse workforce where everyone feels they belong and can achieve their potential. We actively focus on DEI and welcome flexible working arrangements where possible.

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Payroll Assistant in Potters Bar employer: Conception X Enr.

Canada Life UK is an exceptional employer, offering a supportive and inclusive work environment in Hertfordshire where employees can thrive. With a strong focus on personal and professional development, competitive benefits including private medical insurance and a bonus scheme, and a culture that values curiosity and collaboration, this role as a Payroll Assistant provides a unique opportunity to grow alongside experienced professionals in the payroll field.

Conception X Enr.

Contact Details:

Conception X Enr. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Payroll Assistant in Potters Bar

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

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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

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We think you need these skills to ace Payroll Assistant in Potters Bar

Payroll Processing
CIPP Qualification
SAP SuccessFactors
Tax Code Knowledge
Payroll Calculations
HMRC Guidelines
Communication Skills

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 Conception X Enr..

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 Conception X Enr.'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 Conception X Enr.

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 Conception X Enr..

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 Conception X Enr. 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 Conception X Enr. 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.