Cash Management Assistant - Sheffield, United Kingdom - Broadstone Corporate Benefits

Broadstone Corporate Benefits

Verified Company

Sheffield, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Role Purpose
To assist in the provision of pension payroll and cash management services to clients of Trust-Based Pensions.

Key Accountabilities

Cash Management services support:

Maintaining cash book records for each client on the accounting system used
Dealing with the Accounting for Tax quarterly returns for clients
Monitoring cash flows
Processing daily payment requests
Providing cash management information for Trustees' meetings and client reports, if required
Daily checks on bank accounts, i.e. balances, BACS rejections, unusual transactions etc
Monthly bank statement reconciliations
Control the bank opening process for new and transitioning clients
Maintaining up to date bank mandates for clients
Any other cash management and accounting duties as required by the business
To update time records on a daily basis
To be flexible and provide other such support as would reasonably be expected within the role

Payroll services support:

Processing pensioner payrolls for various pension schemes, including PAYE reconciliations
Issuing of monthly payslip files to outsourcing company and monitoring confirmations of receipt of files and the dispatch of payslips
Manual PAYE calculations for arrears payments/overpayment recoveries
Submitting statutory year end returns and issuing P60 files to outsourcing company
Making appropriate ledger entries in the accounting system in respect of pension payrolls
Dealing with HMRC on issues such as the reconciliation of PAYE differences
Any other payroll duties as required by the business

Technical Knowledge and Professional Qualifications
Key Skills

Ability to prioritise workloads and multitask
Ability to use initiative to identify solutions
Ability to work under pressure
Good Word and Excel skills
Good verbal and written skills
Flexible and adaptable in approach to work with the ability to multi task.
Good team player

Required

Educated to GCSE (or equivalent) Maths and English Grade C or above

Recommended

Experience of working for a Third Party Administrator or inhouse pension scheme
Previous experience of providing pension payroll with a Third Party Administrators or inhouse pension scheme
Previous experience of payroll software
Previous experience of providing cash management and accounting services

Overarching Obligations

Adhere to all relevant laws & regulations, and Broadstone Policies & Procedures
Achieve a good standard of ethical behaviour, i.e. do the right thing at all times
Comply with all relevant professional standards
Comply with the FCA's requirements in relation to the Senior Managers & Certification Regime, Treating Customers Fairly and the new Consumer Duty

The company

The Broadstone Group is a leading, independent provider of specialist pensions, trustee, and employee benefits solutions to small to medium enterprises and large corporates.

At the heart of our business is a diverse team of specialist advisers, each with a unique knowledge base within their specific area.

Our company structure and systems, finely-tuned over the years, enable our advisers to remain intricately linked to provide clients with coordinated, end-to-end solutions whenever required.

This ethos is one that continually upholds good practice, encourages proactivity, and ultimately benefits our client's bottom line.

Broadstone is a Living Wage Employer
We have been accredited as a Living Wage Employer.

This means that we have made a living wage commitment to ensure that everyone working at Broadstone will receive at least a minimum hourly wage.

Both rates are significantly higher than the government minimum for over 23s.

Our values
Client First

We aim to be the most customer service centric business in the sector. We put the interests and the needs of clients first.

Outcome Driven

We focus on achieving the best possible results. We use our experience and expertise to realise opportunities and deliver on objectives.

Collectively Confident

We challenge ourselves to embrace change and look to the future. We continuously improve by evolving to create, capture and realise new opportunities for our customers and colleagues.

Forward Thinking

We seek to build strong relationships through collaboration.

We develop a recognition and understanding of each other to collectively achieve more from each other for the benefit of all.

The benefits
Total Reward package

We are proud of the total reward package that we offer to our employees. Our flexible benefits approach gives individuals the power to select the package that best suits their needs.