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For Companies At a Glance
- Tasks: Manage payroll processes, ensuring accuracy and compliance for clients.
- Company: Join EY, a global leader in assurance and advisory services.
- Benefits: Enjoy flexible working, competitive pay, and comprehensive rewards.
- Why this job: Be part of a dynamic team that values growth and innovation.
- Qualifications: 3 years of payroll experience; familiarity with Iris software preferred.
- Other info: Opportunities for coaching and career development await you!
The predicted salary is between 36000 - 60000 £ per year.
Overview
Senior Payroll Associate role at EY. This position supports the UK Payroll Operate in Newcastle Upon Tyne, Manchester or Belfast. The successful candidate will be responsible for the successful payroll implementation or delivery of payroll services for new and existing clients, ensuring on-time delivery, managing stakeholders, reporting on internal EY metrics, and building positive relationships across the firm.
Responsibilities
- Processing the payroll data each pay period in a timely and accurate manner
- Setting up new joiners and terminating employees on the payroll software
- Importing pay data into the payroll software
- Manual calculation of pro-rated payments for joiners/leavers
- Processing statutory payments
- Calculating retrospective payments
- Setting up pay components within the payroll software, including linking for overtime payments
- Calculating PAYE tax, NI and Apprenticeship Levy amounts payable
- Completing payroll reports, including bespoke financial reports such as general ledger reports
- Ensuring regulatory compliance i.e., RTI, Auto Enrolment and Apprentice Levy
- Creating BACS files for payment of employees and setting up annual calendar invites
- Issuing payslips, P45s and P60s to employees
- Completing all necessary checklists for audit purposes
- Setting up and administering pensions information
- Executing management reports and KPI reports on the payroll process
- Providing other management information to Payroll Leadership as required
- Identifying and implementing process improvements within the team
- Participating in payroll system testing to ensure software meets legislative requirements
Reviewing
- Complete a detailed review of payrolls to ensure 100% accuracy
- Review emails and client deliverables before sending to the client
- Monitor client mailbox and respond to emails in a timely manner
- Provide subject matter advice and support to junior associates and clients
- Ensure internal EY quality and risk management activities are completed for each client
- Review client contracts to understand fees, scope and contractual requirements
- Ensure payroll controls are executed and issues are identified and resolved
- Participate in annual ISAE certification process
Handovers
- Review incoming work from transitions to ensure understanding of payroll scope and client processes
- Ensure all work is covered during annual leave with proper handovers
- Assist colleagues returning from leave to ensure payrolls are completed during absences
Engagement Financials
- Review Billing Reconciliation Template with hires, leavers and headcount
- Review prepared bills in Mercury
- Verify previous bills are paid and up to date
- Send monthly billing to clients
- Monitor engagements for accurate time recording, margin changes and revenue tracking
- Provide Payroll Leadership with engagement financial reporting
Coaching and Training
- Coach and share knowledge with Associates to upskill
- Prepare and deliver internal training on key payroll topics
- Monitor performance of Associates and address knowledge gaps through training
- Support Associates as first escalation point for complex queries
- Provide constructive feedback to junior associates in quarterly cycles
- Participate in EY LEAD and coaching activities
Skills And Attributes
- Strong knowledge of payroll compliance and best practices
- Excellent IT skills with Word, Excel and Outlook
- Good workload management and ability to meet deadlines
- Ability to handle high volumes in a fast-paced environment
- Understanding of AE, RTI, Apprenticeship Levy and Employment Allowance
- Understanding of regulatory processes (KYC and AML)
- Experience in a Big 4 payroll bureau is desirable
- Experience in iTrent is preferred
To qualify for the role, you must have
- 3 years of end-to-end payroll processing experience
- Experience with Iris payroll software
- CIPP or alternative payroll qualification desirable but not essential
- Experience in payroll implementation or service delivery
What We Look For
- A self-motivated team player with excellent communication and presentation skills
- Critical thinking – ability to work independently to solve problems
- Flexibility to meet the demands of the position
- Proactive coaching and knowledge sharing
- Improvement-minded individuals
What Working At EY Offers
- Competitive remuneration with rewards for individual and team performance
- Comprehensive Total Rewards package including flexible working and career development
- FlexEY benefits covering holidays, health, insurance, savings and more
- Support, coaching and feedback from engaging colleagues
- Opportunities to develop new skills and progress your career
- Freedom and flexibility to handle your role in a way that suits you
About EY
EY is a global leader in assurance, tax, transaction and advisory services, committed to building a better working world by providing training, opportunities and creative freedom. The EY experience lasts a lifetime.
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Senior Payroll Associate employer: EY
Contact Detail:
EY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Payroll Associate
✨Tip Number 1
Familiarise yourself with the payroll software mentioned in the job description, particularly iTrent and Iris. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of payroll compliance and best practices, especially regarding RTI, Auto Enrolment, and the Apprenticeship Levy. Being able to discuss these topics confidently will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Network with current or former employees at EY, particularly those in payroll roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the interview process.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved payroll processes in previous roles. Highlighting your proactive mindset and problem-solving skills will resonate well with the hiring team at EY.
We think you need these skills to ace Senior Payroll Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll processing, particularly with software like Iris. Emphasise your understanding of compliance and best practices, as well as any experience in a Big 4 payroll bureau.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Senior Payroll Associate role at EY. Mention specific responsibilities from the job description that excite you and how your skills align with their needs.
Showcase Your Skills: Highlight your strong IT skills, especially in Excel, and your ability to manage workloads effectively. Provide examples of how you've handled high volumes in fast-paced environments and any experience with payroll compliance.
Prepare for Potential Questions: Think about how you would answer questions related to payroll implementation and service delivery. Be ready to discuss your problem-solving abilities and how you've coached or trained others in previous roles.
How to prepare for a job interview at EY
✨Know Your Payroll Basics
Make sure you brush up on your payroll knowledge, especially around compliance and best practices. Be prepared to discuss RTI, Auto Enrolment, and the Apprenticeship Levy, as these are crucial for the role.
✨Demonstrate Your IT Skills
Since the role requires excellent IT skills, particularly with payroll software like Iris and iTrent, be ready to showcase your proficiency. You might even want to mention any specific projects where you used these tools effectively.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex payroll issues in the past. Highlight your critical thinking abilities and how you can work independently to resolve problems, as this is a key attribute they are looking for.
✨Emphasise Teamwork and Coaching
As a Senior Payroll Associate, you'll be expected to coach junior associates. Share experiences where you've successfully trained or supported others, demonstrating your ability to work collaboratively and enhance team performance.
