Head of Payroll
London
6TH Months Plus FTC
Hybrid Working/ 1 day a week in the office / 2 days a fortnight.
£50k-£62k Full time Salary
Midland, I - Trent Payroll system is essential. Paying 900 Staff
My client, a well-known University based in London, is currently recruiting for a Head of Payroll for a duration of 6 months with an opportunity to be extended. The successful candidate must have proven experience in Payroll Management (supervising 1 member of staff) in the higher education sector as well as experience in the Midland Trent payroll system.
Role Responsibilities:
In a hands-on role, have overall responsibility for the success and growth of the payroll function.
Oversee and manage the monthly payroll service for approximately 900 University staff, including hourly paid workers and students. Evaluate existing service provision and processes to improve quality, efficiency, and continuity, to provide an effective, timely, and accurate payroll process.
Develop and maintain effective payroll processes and procedures to support hourly paid workers that result in an efficient workflow, easy to understand, and that can be easily adopted by the users.
Manage the administration of our two pension schemes: Administering Teachers Pension Scheme (TPS) and Local Government Pension Scheme (LGPS), including processing monthly changes and reconciliations, supervising benefits, and handling the submission of returns to HMRC and other third parties as required.
Manage and oversee the payroll process for new starters, leavers, and those transferring into different positions within the university.
Manage the expenses process for staff, students, and other types of workers, ensuring full compliance with our financial regulations and procedures.
Address and resolve any payroll-related issues.
Pensions and Third-Party Management:
Responsible for providing comprehensive tax and financial year-end and closure processes, ensuring appropriate reports are in place to support the University's year-end procedures, including schedules to support the relevant notes in the annual financial statements.
Responsible for the payment and submission of returns to HMRC, pension schemes, and other third parties as required by law and contracts. Ensuring all statutory deductions are made accurately and on time.
Payroll System Management:
Contribute to managing the system and administrative changes affecting payroll and pensions, including updates to the payroll system, implementation of salary sacrifice schemes, changes to NI rates, adjustments to pension scheme arrangements, and any associated consultation processes.
Take keen oversight of the payroll and pension processes in the HR and payroll system, ensuring full compliance of individuals' pay, pension, and related elements.
Drive operational excellence across the payroll function for continuous improvement in systems, processes, and compliance, leveraging where possible best practices, technology available, and automation.
Work with the HR and Payroll System Team to create rules and procedures that ensure consistency and minimize the number of ad hoc arrangements.
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