Payroll Associate - London, United Kingdom - Reed Accountancy

Reed Accountancy

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Reed Specialist Payroll Recruitment is working with an exciting new client who is seeking a Payroll Associate to join their team and manage their US Payrolls on an 18month FTC.

As a Payroll Associate, you will be responsible for ensuring accurate and efficient end to end US payroll processing.

This role offers hybrid working hours, 3days in the office, excellent benefits and a possible bonus upon completing the contract.

There is some scope of this becoming a permanent position following the 18months.

Responsibilities:

Ensure correct set up of new starters, creating employee records, and the accuracy of personal information. Input/key in data for employees into systems.
Collect/review employee data for the payroll requirements from HR and Finance teams.
Extract bonus data from the system, manually adjust and reallocate bonus amounts to staff based on performance and set criteria.
Assist in managing payroll operations ensuring accurate and efficient payroll processing including the analysis, preparation, and review of payroll data input.
Work with external payroll provider/systems to process payroll.
Ensure/process deductions in paychecks (transit, healthcare, pension etc).
Ensure accuracy in posting and categorization of transactions.
Act as a key point of contact for employee pay related queries, always ensuring a good level of customer service and prompt response times.
Document and undertake regular reviews of the payroll processes and systems.
Ensure 3rd party payroll providers invoices are reviewed and processed/paid on the due date.
Assist in coordination with HR as appropriate to ensure impact of policy / employee changes captured and understood by payroll.
Provide periodic review of payroll reports and summaries, auditing the information, understanding local taxes and regulatory reporting.
Undertake various monthend close tasks in relation to payroll including accrual, payroll journals
Assist in the annual audit process of the payroll.

What you'll get from them;

Ownership and autonomy in your role
A teamfocused and supportive culture that values transparency, continuous feedback, and celebrating successes.
Comprehensive medical benefits (health, vision, and dental)
Subsidized lunch program, team events, free breakfast & snacks