Payroll & Benefits Administrator - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority
Financial Conduct Authority
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description
Payroll and Benefits Administrator


Salary:
National ranging from £27,000 to £32,000 and London from £30,000 to £35,000

Interested in joining a team within HR that provides a high-quality payroll and benefits service?

The team/department


Our Payroll team of three deal with the monthly payroll and benefit provision for FCA taking care of around 4,500 colleagues.


We work closely with our outsourced providers, CGI for Payroll and AON for flexible benefits, alongside close internal relationships with HR Helpline, HR advisory team and the Employee Relations team.


You will be a key member of the Payroll team, who pride themselves on offering high quality support and advice to all our colleagues.

What you will be doing (the role)- End-to-end processing of starters, leavers, maternity, sickness and variable payroll data. Processing the monthly payroll interface reports and verifying that the output is correct prior to sending to the outsourced payroll provider- Provision of bi-monthly datafiles to our benefit administrator and ensuring that core and flexible benefits are processed correctly- Working in partnership with the HR Helpline, Business Partners and other stakeholders to ensure that deadlines are met and transactions processed correctly- Resolving routine employee payroll & benefit queries- Documenting and maintaining new payroll procedures and guidance for the team- Liaising with the Finance team and monthly reconciliation of the payroll accounts


What you will get from the role- A great opportunity to enhance and develop your knowledge of both Payroll and flexible benefits and the operation through payroll of salary sacrifice arrangements and Payrolling Benefits in Kind (PBIK)Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle.

You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

  • 25 days holiday per year plus bank holidays
  • Private healthcare with Bupa
  • A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age
  • up to 12% a month once you reach age 35)
  • Life assurance of eight times your basic salary
  • Income protection


We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you will have

Minimum- Experience in a high-volume Payroll environment through which you will have acquired an in-depth knowledge of end-to-end payroll processing (i.e., manual calculations, PAYE, National Insurance, Statutory Maternity Pay, Statutory Paternity Pay, Pensions, tax year-end, Real-Time Information etc.)


Essential- Commitment to delivering first class customer service- A flexible and collaborative team player- Experience of working under pressure to strict deadlines.

Capable of managing a range of competing tasks and issues, prioritising / escalating as appropriate- Attention to detail, good numerical skills, and the ability to convey complex information in a clear and concise manner- Experience of flexible benefits and salary sacrifice (childcare vouchers, cycle scheme, holiday purchase, Group Income protection)- Actively manages personal and professional development and displays initiative and confidence to proactively look for solutions- Working knowledge of Microsoft Office suite, with beginner to intermediate level in Excel and Word- Discretion and the ability to maintain confidentiality at all times

About the FCA


The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive.

We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found

here.

The FCA's Values & Diversity


Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences.

We believe that our differences and similarities enable us to be a better organisation - one that makes better decisions, drives innovation, and delivers better regulation.

Flexible working

Multi-location

Useful information

Applications for this role close at 23:59 on 3rd July 2023

This role is graded Senior Professional Support - Corporate

Got a question?

If you are interested in learning more about the role please contact:
For internal applicants, please contact Sara Holland at

For external applicants, please contact Ifrah Azam at

What to expect from our interview process

The assessment process consists of an initial screening call with one our Recruitment Partners. If successful, you will be invited to attend a competency-based interview.
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