At a Glance
- Tasks: Support the transition of pension payroll to a new integrated system and process payments accurately.
- Company: Join a reputable organisation focused on pension administration.
- Benefits: Competitive pay, temporary contract with potential for future opportunities.
- Other info: Fast-paced environment with a chance to develop valuable skills.
- Why this job: Be part of a crucial project that impacts thousands of pensioners.
- Qualifications: Experience in payroll, strong analytical skills, and proficiency in Excel.
The predicted salary is between 30000 - 40000 £ per year.
Pension Fund Payroll Officer
Location: our client
Contract: Temporary (3 months)
Salary: £19.74 umbrella / £17.92 PAYE Inclusive / £15.99 PAYE Exclusive
Start Date: ASAP
Job Description
The postholder will support and implement the transition of the Pensioner Payroll out of the existing system onto a payroll integrated within the pension administration system. They will work with internal colleagues and external software providers and support the development of new working practices and control processes in collaboration with the pension administration team.
Key Responsibilities
- Support the successful migration of the pensioner payroll to a new payroll system integrated with the pension administration platform, working collaboratively with internal teams and external providers.
- Process monthly pension payroll activities, ensuring approximately 16,000 pension payments and ad hoc immediate payments are made accurately and on time.
- Complete statutory payroll obligations, including HMRC submissions, tax payments, reconciliations, regulatory returns, and payroll control checks.
- Maintain the integrity of pension payroll records through pensioner updates, mortality tracing, pension increase exercises, over‑payment recovery processes, and member query resolution.
Candidate Criteria
- Previous experience working within a payroll environment for a large organisation, ideally managing complex or high‑volume payrolls.
- Understanding of pension payroll processes, with knowledge of the Local Government Pension Scheme (LGPS) considered highly advantageous.
- Strong analytical and problem‑solving skills, with the ability to work accurately under pressure and meet strict deadlines.
- Proficient in Microsoft Office applications, particularly Excel, with excellent communication skills and a collaborative approach to teamwork.
Pension Fund Payroll Officer in Trowbridge employer: Service Care Solutions Ltd
As a Tribunal & Mediation Officer with our local authority, you will be part of a dedicated team committed to making a meaningful impact in the lives of children with special educational needs and disabilities. Our hybrid working model offers flexibility, allowing you to balance remote work with occasional office attendance in the vibrant South East, while our supportive work culture fosters professional growth and collaboration with various stakeholders. Join us to contribute to vital casework and dispute resolution, all while enjoying competitive remuneration and the opportunity to enhance your expertise in SEND legislation.
Contact Details:
Service Care Solutions Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pension Fund Payroll Officer in Trowbridge
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We think you need these skills to ace Pension Fund Payroll Officer in Trowbridge
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Service Care Solutions Ltd will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Service Care Solutions Ltd. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Service Care Solutions Ltd confidence in your short-term commitment to the role.
How to prepare for a job interview at Service Care Solutions Ltd
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Service Care Solutions Ltd.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Service Care Solutions Ltd that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
