Senior Payroll Associate - Manchester, United Kingdom - EY

Verified Company

Manchester, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The opportunity

Your key responsibilities

Processing

Processing the payroll data each pay period in a timely and accurate manner
Setting up new joiners and terminating employees on the payroll software
Importing pay data into the payroll software
Manual calculation of prorated payments for joiners/leavers
Processing statutory payments
Calculating retrospective payments
Setting up pay components within the payroll software to include linking for overtime payments
Calculating the PAYE tax, NI and Apprenticeship Levy amounts payable
Complete payroll reports, including bespoke financial reports such as general ledger reports
Ensuring regulatory compliance i.e., RTI, Auto Enrolment and Apprentice Levy.
Creating BACS files for the payment of employees, and ensuring calendar invites are set up per annum
Issuing payslips / P45's and P60's to employees
Completing all necessary checklists for audit purposes
Set up and administration of pensions information
Executing management reports and KPI reports on the payroll process.
Providing other management information to Payroll Leadership, as required.
Identify and implement process improvements within the team, ensuring client payrolls are processed effectively and efficiently.
Participation in payroll system testing to ensure software meets all legislative requirements.

Reviewing

Complete a detailed review of payrolls that have been processed by Associates to ensure 100% accuracy
Ensuring all internal EY quality and risk management activities are completed on behalf of each client.
Reviewing client contracts to understand fees, scope and contractual requirements.
Ensuring all payroll controls are executed and any issues with the payroll are identified and resolved.
Participation in annual ISAE certification process

Handovers

Reviewing incoming work from transitions to ensure team understands payroll scope of work and specific client processes.
Ensure that all your work is covered when going on periods of annual leave. All necessary handovers should be made prior to leaving for annual leave
Help when other colleagues are going off on leave to ensure that their payrolls are completed during their absence

Engagement Financials

Review of Billing Reconciliation Template with hires, leavers, number of employees and any additional agreed fees
Review of prepared bills in Mercury
Checking previous bills have been paid and are up to date
Sending Billing to clients each month
Monitoring engagements to ensure accurate recording of time, identifying changes in margin and tracking revenue.
Providing Payroll Leadership with reporting on engagement financials.

Coaching and Training

Proactively coach and share your knowledge with our Associates to help them upskill
Prepare and deliver internal training on key payroll and EY topics.
Monitor the performance of our Associates, and where knowledge gaps are identified, proactively suggest remedial action to management through internal or external training
Support our Associates by being the first escalation point for complex queries which you will use your knowledge and experience to see through to resolution, or escalate to Management when required
Provide constructive feedback to junior associates as part of quarterly feedback cycles.
Participate in all EY LEAD and coaching activities.

Skills and attributes for success

Good knowledge and understanding of payroll compliance and best practice
Excellent IT Skills and highly competent with Word, Excel and Outlook
Good workload management skills and ability to work to deadlines
Ability to handle increasingly high volume of work in a fast paced, deadline driven environment in a calm manner
Understanding of payroll compliance including AE, RTI, Apprenticeship Levy, Employment Allowance
Understanding of financial service regulator processes such as know your client and antimoney laundering
Previous experience in a Big 4 firm of payroll bureau is desirable

To qualify for the role, you must have

5 to 7 years of endtoend payroll processing experience and knowledge
Experience with Iris payroll software
CIPP or alternative payroll qualification
Experience in payroll implementation or service delivery

What we look for

A selfmotivated team player with excellent communication and presentation skills.
Critical Thinking ability to work under own initiative to solve problems either by research or by signposting how problems can be solved
Flexibility to meet the demands of the position (i.e., quick turnarounds)
Proactive approach to coaching and knowledge sharing
Improvement minded individuals

What working at EY offers
We offer a competitive remuneration package where you'll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and wi