At a Glance
- Tasks: Process pension payrolls and ensure compliance with tax regulations.
- Company: Join a growing team in a regulated financial services environment.
- Benefits: Competitive salary, excellent benefits package, and supportive work culture.
- Other info: Office-based role with a Monday to Friday schedule.
- Why this job: Make a real difference by ensuring accurate payments for members.
- Qualifications: Experience in payroll processing and strong attention to detail.
The predicted salary is between 27000 - 28000 £ per year.
Seeking a detail-oriented and highly organised Payroll professional to join a growing team. This role is critical in delivering accurate and timely payroll services, ensuring all member payments are processed in line with regulatory requirements, scheme rules, and internal service standards. You will support the end-to-end payroll function across SIPP, SSAS and/or occupational pension schemes, with a strong focus on compliance, accuracy, and delivering positive member outcomes.
Duties:
- Payroll Processing
- Process regular and ad-hoc pension payrolls (monthly, quarterly, annual)
- Calculate and process pension income payments, PAYE tax deductions, lump sums, drawdown payments, and death benefits
- Ensure all payments are authorised and released within agreed service levels
- Tax & Compliance
- Apply PAYE tax codes in line with HMRC requirements
- Submit Real Time Information (RTI) reports accurately and on time
- Process P45s, P60s, and year-end reconciliations
- Ensure compliance with pension legislation and internal controls
- Member & Adviser Support
- Respond to queries from members, IFAs, and third parties
- Provide clear explanations of payroll, tax, and payment calculations
- Support vulnerable customers in line with Consumer Duty expectations
- Perform payroll reconciliations between systems and bank accounts
- Investigate and resolve discrepancies efficiently
- Update tax codes, bank details, and payment instructions
The Ideal Candidate:
- Strong understanding of PAYE and pension taxation
- Knowledge of RTI submissions and HMRC requirements
- High level of accuracy and attention to detail
- Ability to manage multiple payroll cycles and deadlines
- Experience with pension administration platforms
- Understanding of drawdown and complex benefit payments
- Experience within a regulated financial services environment
- Previous pension payroll administration experience
Monday – Friday 9am – 5pm – Office-based, no hybrid
Salary £27,000-£28,000
Excellent benefits package
Pensions Payroll in Liverpool employer: Prestige Recruitment Group
As a Quality and Logistics Coordinator, you will join a dynamic team in a supportive work environment that values attention to detail and proactive problem-solving. Our company offers excellent career progression opportunities, a Monday to Friday schedule, and a competitive salary, all while fostering a culture of collaboration and continuous improvement. Located in a thriving area, we provide the perfect setting for ambitious individuals eager to develop their skills and contribute to our success.
Contact Details:
Prestige Recruitment Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Payroll in Liverpool
✨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 Prestige Recruitment Group. 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 Pensions Payroll in Liverpool
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 Prestige Recruitment Group.
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 Prestige Recruitment Group'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 Prestige Recruitment Group
✨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 Prestige Recruitment Group.
✨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 Prestige Recruitment Group 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 Prestige Recruitment Group 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.
