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- Tasks: Lead the payroll team and manage daily operations, from bookings to payments.
- Company: Join a fast-growing and profitable recruitment business making an impact.
- Benefits: Enjoy opportunities for growth and professional development in a dynamic environment.
- Why this job: This role is crucial for business success and offers a chance to make a real difference.
- Qualifications: Experience in payroll management and strong attention to detail are essential.
- Other info: This position offers a challenging yet rewarding career path with room for advancement.
The predicted salary is between 36000 - 60000 £ per year.
A fantastic opportunity for an experienced Payroll Manager to join a fast growing & profitable recruitment business. This role sits within a crucial part of the business meeting demands from Sales teams, Workers and Clients. Supervising a small team, the role reports to the Financial Controller.The premiss of the role is to be responsible for the day-to-day running of the department from recording of bookings, receipt of time-sheets, invoicing customers up to the payment runs, as well as managing the payroll team.Duties will include:
- Maintain payroll information by designing systems; directing the collection, calculation, and entering of data.
- Update payroll records by reviewing and approving changes in exemptions, deductions, job titles, department / division transfers, payment types, booking records, pay rates, charge rates, AWR etc.
- Pay workers by directing the production and issuance of payslips/ remittance advices and electronic transfers to bank accounts.
- Prepare reports including production of KPI\’s and Management Information.
- Balance the payroll accounts by resolving payroll discrepancies. Pro-actively work towards reducing errors and queries from both internal and external clients.
- Complete weekly and monthly reconciliations of nominal accounts, year-end procedures and analysis of information.
- Provide payroll information by ensuring that questions and requests are answered in an accurate and timely manner to internal staff and external candidates, customers and suppliers.
- To liaise with HMRC and other necessary agencies such as the contributions agency and ensure correct completeness of all statutory returns.
- Maintain employee confidence and protect payroll operations by keeping information confidential.
- Complete operational requirements by scheduling and assigning employees; following up on work results.
- Ensure weekly, monthly and annual deadlines are met.
- Provide information requested by Internal and External auditors.
- Maintain payroll guidelines by writing and updating policies and procedures and ensure compliance with procedures to ensure statutory and contractual obligations are met.
- Comply with legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
- Payroll system improvements as necessary to ensure that the system is compliant with new legislation such as RTI and Auto Enrolment and achieves all the necessary reporting requirements as needed by the Financial Controller, Finance Director and Managing Director.
- Maintain payroll staff by recruiting and training employees.
- Maintain payroll staff job results by counselling and disciplining employees; planning, monitoring, and appraising job results.
- Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications.
This is an all encompassing role that is key to the sucessful operation of the business. If you are seeking a challenging position that has the opportunity to grow, plase submit your details. #J-18808-Ljbffr
Payroll Manager employer: Financial Staffing Solutions
Contact Detail:
Financial Staffing Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Manager
✨Tip Number 1
Familiarize yourself with the latest payroll legislation and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a constantly evolving field.
✨Tip Number 2
Highlight your experience in managing payroll systems and teams during networking events or informational interviews. Building connections with professionals in the recruitment industry can lead to valuable insights and potential referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've reduced payroll discrepancies or improved processes in previous roles. Concrete examples will showcase your problem-solving skills and ability to enhance operational efficiency.
✨Tip Number 4
Stay proactive by engaging with online communities or forums related to payroll management. Sharing your insights and learning from others can help you stay ahead of industry trends and make you a more attractive candidate.
We think you need these skills to ace Payroll Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in payroll management, team supervision, and compliance with legal requirements. Use specific examples that demonstrate your ability to handle payroll discrepancies and manage a payroll team effectively.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities listed in the job description, such as maintaining payroll information and ensuring compliance with statutory obligations.
Showcase Relevant Skills: Emphasize your technical knowledge of payroll systems and any improvements you've implemented in previous roles. Highlight your ability to prepare reports and manage deadlines, as these are crucial for the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for a Payroll Manager.
How to prepare for a job interview at Financial Staffing Solutions
✨Show Your Payroll Expertise
Be prepared to discuss your experience with payroll systems and processes in detail. Highlight specific examples of how you've managed payroll discrepancies, reconciled accounts, and ensured compliance with legal requirements.
✨Demonstrate Leadership Skills
Since this role involves supervising a small team, be ready to share your leadership experiences. Talk about how you've trained and developed staff, handled conflicts, and maintained team morale in previous positions.
✨Prepare for Technical Questions
Expect questions related to payroll legislation and best practices. Brush up on topics like RTI, Auto Enrolment, and statutory returns to demonstrate your knowledge and readiness to handle the complexities of the role.
✨Emphasize Communication Skills
Effective communication is key in this role. Be prepared to discuss how you have successfully liaised with internal teams, external clients, and agencies like HMRC. Provide examples of how you've handled inquiries and resolved issues promptly.
