At a Glance
- Tasks: Run and process weekly payroll, manage employee expenses, and ensure compliance with regulations.
- Company: Join a supportive finance team in a dynamic company culture.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Make a real impact on payroll processes and contribute to organisational growth.
- Qualifications: Experience in payroll processing and strong communication skills required.
- Other info: Opportunities for career advancement and process improvement.
The predicted salary is between 28800 - 43200 Β£ per year.
We are seeking an experienced Payroll Specialist to work within an experienced finance team and be responsible for running and processing the company's weekly payroll, resolving all queries and working closely with the Financial Controller and HR Manager to manage costs and absenteeism. Assisting with the managing and processing of employee expenses on a weekly basis, ensuring costs are allocated correctly and approved by Project Managers.
Main Duties and Responsibilities:
- Running and processing the weekly payroll
- Ensuring timesheets are submitted, correctly allocated to projects and approved
- Reviewing calculation of hourly paid staff ensuring overtime is correct and approved
- Reviewing and managing all pension deductions
- Maintaining data held is meaningful and complies with current legislation
- Managing all employee changes on payroll system
- Processing AoE / Student Loans / Statutory Entitlements
- Statutory HMRC reporting including RTI / PAYE submissions / CSA Payments on time
- Payroll Year End / CIS returns
- Assisting with Weekly Employee Expense Payments from approvals through to payment
- Preparing company year-end payroll and expenses reconciliations for review
- Processing and entering of subcontractor invoices
- Monthly PAYE / CIS Return / Reverse VAT
- Processing fortnightly Subcontractor payment run
- Working with Commercial to ensure Sub-Contractor ledger is up to date and compliant
- Supporting other members of the Finance Team
- Other adhoc projects
Person Specification:
- Methodical approach with high level of accuracy and attention to detail
- Strong communication skills and ability to work with all levels of the business
- Highly organised, able to prioritise and multi-task, use initiative and manage time effectively
- The ability to improve work processes and improve efficiencies
- A personable and enthusiastic approach and be an excellent team player
- Good written and verbal communication abilities
Preferred: CIPP Qualified or studying towards
Experience:
- Experience of processing weekly payroll and expenses
- Knowledge and understanding of personal tax including HMRC requirements
- Strong understanding of Domestic Reverse Charge VAT / CIS / PAYE
- Excellent knowledge of computerised accounting software, MS packages specifically Excel
- Experience / knowledge of accounting functions, AP, AR, General Ledgers
Hours of Work: Monday β Friday (40 hours)
Work Location: In person at Milton Keynes office
Benefits:
- Competitive salary package
- Professional development and training opportunities
- Supportive and collaborative working environment
- Opportunities to contribute to process improvements and organisational growth
- Employee benefits in line with company policy
If you are interested, please get in touch ASAP or if this is not the exact role you are searching for, please do not hesitate to contact me directly to discuss other opportunities.
Payroll Specialist in Milton Keynes employer: Trades Workforce Solutions
Contact Detail:
Trades Workforce Solutions Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Payroll Specialist in Milton Keynes
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who know about payroll. A friendly chat can lead to insider info on job openings that aren't even advertised yet.
β¨Tip Number 2
Prepare for interviews by brushing up on your payroll knowledge. Be ready to discuss specific scenarios you've handled, like resolving payroll discrepancies or managing employee expenses. Show us you know your stuff!
β¨Tip Number 3
Donβt forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. We love seeing candidates who are proactive!
β¨Tip Number 4
Apply through our website for the best chance at landing that Payroll Specialist role. Itβs the quickest way to get your application in front of us, and weβre always on the lookout for talented individuals like you!
We think you need these skills to ace Payroll Specialist in Milton Keynes
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Payroll Specialist role. Highlight your experience with payroll processing, attention to detail, and any relevant qualifications like CIPP. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about payroll and how you can contribute to our finance team. Keep it concise but engaging β we love a good story!
Show Off Your Skills: Donβt forget to showcase your technical skills, especially with accounting software and Excel. If you've improved processes in previous roles, let us know! Weβre all about efficiency here at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. Itβs super easy, and youβll be able to keep track of your application status. We canβt wait to hear from you!
How to prepare for a job interview at Trades Workforce Solutions
β¨Know Your Payroll Basics
Before the interview, brush up on your payroll knowledge. Understand key terms like PAYE, RTI, and CIS, as well as the latest HMRC requirements. This will show that youβre not just familiar with the role but also passionate about staying updated in the field.
β¨Showcase Your Attention to Detail
As a Payroll Specialist, accuracy is crucial. Prepare examples from your past experience where your attention to detail made a difference, whether it was catching an error in payroll or ensuring compliance with regulations. This will demonstrate your methodical approach.
β¨Communicate Effectively
Strong communication skills are essential for this role. Practice explaining complex payroll concepts in simple terms. During the interview, be ready to discuss how youβve collaborated with HR or project managers to resolve payroll queries, showcasing your ability to work across teams.
β¨Be Ready to Discuss Process Improvements
Employers love candidates who can enhance efficiency. Think of instances where youβve improved payroll processes or implemented new systems. Be prepared to share these experiences and how they benefited your previous employers, aligning with the companyβs focus on process improvements.