At a Glance
- Tasks: Lead the payroll and finance team, ensuring accuracy and efficiency in financial processes.
- Company: Join a supportive organisation dedicated to making a difference in the community.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Dynamic role with opportunities for growth and training.
- Why this job: Make an impact by leading a team and improving financial practices.
- Qualifications: Part qualified accountant or experienced, with strong leadership skills.
The predicted salary is between 31500 - 38500 £ per year.
- Job Details
- Role: Payroll / Finance Team Lead
Responsibilities
- Ensure suitable procedures, practices and controls are in place to confirm the completeness, accuracy and integrity of the accounting records:
- ensuring that all financial transactions are properly authorised within the purchase and sales ledgers.
- ensuring all contract, grant and other income is correctly invoiced and is collected and recorded promptly.
- ensure all income and rent charges are correctly and timely recorded in our housing support module.
- all supplier invoices are processed and paid promptly, taking advantage of any credit terms.
- all staff travel and expenses are processed and paid promptly.
- the company credit cards are managed and processed appropriately.
- Review all current financial and control processes with a goal to ensure that all are working as efficiently as possible.
This may involve changing processes that will lead to training needs for staff in the wider organisation.
- The documentation of all processes to be reviewed and updated where needed.
- Ensure Two Saints' payroll is accurately prepared each month, ensuring that staff receive the correct remuneration, taking into consideration pension liabilities, and ensure that the required information is passed to HMRC and the Pensions Trust.
Liaise with HR where necessary (in conjunction with the payroll and finance officer).
- Prepare analysis of all payroll costs, coding and posting into the nominal ledger.
- To be a key person in respect of the annual audit and also any related internal audits.
This will involve regular liaison with the auditors and production of working papers and documentary evidence.
- Prepare on a monthly basis the pensions liability, ensuring all staff are correctly accounted for within the auto enrolment process.
- Line management of the finance assistants and payroll and finance officer to include regular supervisions, staff appraisals and other welfare support.
- Manpower planning for the team to ensure that there are sufficient resources available in the team at all times.
- Assist with the preparation of monthly management accounts, in particular ensuring that the balance sheet accounts are reconciled and any reports are drawn down from the ledgers in a timely manner.
- Ensure that the administration, management and controls are maintained within the housing support software. Deliver training and support to service staff as and when required.
- Administer insurance claims as required.
- Administer the financial areas of our intranet.
- Deputise in the absence of the Financial Accountant and Management Accountant when requested.
- Build relationships with internal and external stakeholders and ensure that communications are clear and promote the values at all times.
Person Specification
- Part qualified accountant or qualified by experience.
- Line management experience.
- Ability to lead and motivate a team in times of change.
- Proficiency in standard accounts packages.
- Proficiency in Microsoft Office computer packages including Word, Excel and Outlook.
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Payroll / Finance Team Leader employer: ITSS Recruitment Ltd
ITSS Recruitment Ltd is an excellent employer, offering a dynamic and collaborative work culture where creativity thrives. Located in Hertford, this digital marketing agency provides its employees with opportunities for professional growth, competitive salaries, and a hybrid working model that promotes work-life balance. Join a team that values innovation and teamwork, making it a rewarding place to develop your skills as a WordPress Developer.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll / Finance Team Leader
✨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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
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
Don’t shy away from reaching out directly to firms like ITSS Recruitment Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Payroll / Finance Team Leader
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 ITSS Recruitment Ltd.
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 ITSS Recruitment Ltd'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 ITSS Recruitment Ltd
✨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 ITSS Recruitment Ltd.
✨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 ITSS Recruitment Ltd 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 ITSS Recruitment Ltd 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.
