Assistant Payroll Manager

Company:  Frazer Jones
Location: London
Closing Date: 01/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Assistant Manager Payroll – £60,000 – £62,000 Bonus – Docklands (London) Frazer Jones are delighted to be supporting a leading name within financial services on the recruitment of a Assistant Payroll Manager to join the team on a permanent basis. Our client is offering hybrid working with 2/3 days per week required into the office. The Role: Process monthly and ad hoc multi-jurisdictional payrolls, ensuring all employees are accurately paid by the due dates in each location. Administer payroll in strict adherence to established processes and controls, maintaining 100% accuracy and compliance with relevant jurisdictional legislation, regulations, and other requirements. Collate system data reports to identify and verify adjustments prior to payroll processing. Ensure new starters, leavers, and changes to standing and variable data are accurately recorded, managed, and processed through the relevant payroll system. Produce payroll reports, verify adjustments, and conduct self-reviews of work before submitting for the next level of internal review. Collaborate with third-party payroll providers, ensuring they receive accurate information on time, conducting an initial review of their work, and escalating any issues or concerns appropriately. Perform the first and final review of payroll reports generated by outsourced payroll providers, ensuring accuracy in data and calculations and that all requested monthly adjustments are reflected. Review the preparation of accurate funding reconciliations and provide instructions to Finance for arranging payroll funding on time, in accordance with bank cut-off dates and times. Monitor multiple bank accounts to ensure that payroll funding has cleared in sufficient time to meet the pay due dates in each jurisdiction. Maintain accurate and well-documented payroll records. Respond to and resolve payroll-related queries from employees, management, and outsourced payroll providers in a professional and timely manner. Skills and experience required: Proficient in advanced Excel. Strong analytical abilities. Clear and concise communicator. Capable of meeting tight deadlines and performing well under pressure. High accuracy and attention to detail. Reliable, dependable, and trustworthy. Experience in managing payroll across multiple jurisdictions. Skilled in vendor and risk management.
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Frazer Jones
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