Payroll Specialist & Financial Analysis Support
Payroll Specialist & Financial Analysis Support

Payroll Specialist & Financial Analysis Support

Full-Time 30000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage payroll processing, support financial analysis, and ensure compliance with regulations.
  • Company: Join a dynamic company that values accuracy and professionalism.
  • Benefits: Competitive salary, flexible hours, and opportunities for growth.
  • Other info: Great chance to learn and develop in a supportive environment.
  • Why this job: Be a key player in ensuring employees are paid accurately and on time.
  • Qualifications: Attention to detail, experience with payroll systems, and strong analytical skills.

The predicted salary is between 30000 - 40000 £ per year.

The Payroll Specialist and Financial Analysis Support role plays an integral part in the company, offering support with a variety of tasks to assist with the provision of a high quality, professional service and is responsible for the control of the monthly payroll processing and reporting. This role also takes responsibility for processing changes to payroll throughout the month and working closely with the HR department. The role also supports the business's financial analysis functions.

Responsibilities

  • Setting up of all new starters on the payroll system and for any eligible company benefits
  • Ensuring any changes throughout the month are reflected in payroll
  • Owning all necessary payroll tasks throughout the month and ensuring payroll deadlines are met
  • Calculation of payments including maternity, paternity and sick pay
  • Taking accountability for the accuracy of the payroll
  • Running the monthly payroll using Sage 50 Payroll
  • Ensuring the payments to the Company pension provider and HMRC are made on time
  • Monthly reconciliation of the payroll figures
  • Provision of all necessary and relevant reports to Finance
  • Ensuring that all benefits are recorded and dealt with accordingly through the payroll
  • Calculation of Class 1A NICs due for submission on the P11D(b)
  • Managing the company PSA Agreement
  • Managing submissions for PAYE and year-end ensuring these are carried out by the necessary deadlines
  • Setting up and processing the necessary reports and entries for the participants in the Rheinmetall Share Scheme
  • Generating all necessary P45 and P60 documents
  • Offboarding leavers from payroll, including final salary payment calculations and providing documentation and leaver letters
  • Keeping up to date with payroll legislation and HMRC requirements

Payroll Specialist & Financial Analysis Support employer: Rheinmetall

As a Payroll Specialist and Financial Analysis Support at our company, you will thrive in a dynamic work environment that prioritises professional growth and employee well-being. We offer competitive benefits, a collaborative culture, and opportunities for continuous learning, all while being part of a team that values accuracy and integrity in payroll processing. Located in a vibrant area, our workplace fosters innovation and encourages employees to contribute meaningfully to the organisation's success.
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Contact Detail:

Rheinmetall Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Payroll Specialist & Financial Analysis Support

✨Tip Number 1

Network like a pro! Reach out to your connections in the payroll and finance sectors. You never know who might have a lead on a job or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your payroll knowledge and financial analysis skills. Be ready to discuss how you've handled payroll tasks in the past and any software you're familiar with, like Sage 50 Payroll.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that suit your skills and interests!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds.

We think you need these skills to ace Payroll Specialist & Financial Analysis Support

Payroll Processing
Sage 50 Payroll
Financial Analysis
Attention to Detail
Time Management
HR Collaboration
Report Generation
Compliance with Payroll Legislation
Reconciliation Skills
Pension Administration
NIC Calculation
PAYE Management
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Payroll Specialist role. Highlight your experience with payroll systems, like Sage 50, and any relevant financial analysis skills. We want to see how your background fits perfectly with what we’re looking for!

Showcase Your Attention to Detail: In this role, accuracy is key! Use your application to demonstrate your attention to detail. Mention specific examples where you’ve successfully managed payroll tasks or reconciled figures without errors. We love candidates who take pride in their work!

Be Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon and get straight to the point about your qualifications and experiences. We appreciate straightforward communication that gets us excited about your potential!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at Rheinmetall

✨Know Your Payroll Basics

Make sure you brush up on your payroll knowledge before the interview. Understand key concepts like maternity and paternity pay, sick pay calculations, and how to use Sage 50 Payroll. Being able to discuss these topics confidently will show that you're ready to hit the ground running.

✨Familiarise Yourself with Legislation

Stay updated on payroll legislation and HMRC requirements. Knowing the latest changes can set you apart from other candidates. Bring up any recent updates during the interview to demonstrate your commitment to compliance and accuracy in payroll processing.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific payroll scenarios, like processing changes mid-month or managing year-end submissions. Think through your past experiences and be ready to share examples that highlight your problem-solving skills and attention to detail.

✨Show Your Team Spirit

This role involves working closely with HR and finance teams, so be prepared to discuss how you collaborate with others. Share examples of successful teamwork and how you’ve contributed to a positive work environment. This will help convey that you’re not just a numbers person, but also a team player.

Payroll Specialist & Financial Analysis Support
Rheinmetall

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