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Lead - Global Payroll - Insurance (8-12 yrs)

8-12 years

Lead - Global Payroll - Insurance (8-12 yrs)

InnoQuest Consulting

posted 3 days ago

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Job Description

We are hiring for a leading international BPM organization in the Insurance Domain.

We are looking for someone with more than 6 years of experience in global payroll for the UK region

Job Responsibilities :

- To assist in producing the monthly payroll on a timely and accurate basis. To upload payslips onto Oracle Self-serve each month.

- To administer the salaries control ledger on an accurate and timely basis.

- To assist with reconciling on a monthly basis the income tax and NI balances for checking by the HR Manager before submission to the Accounts department, so that payment can be made to HMRC.

- To administer season ticket arrangements for staff and ensure the appropriate deduction is made from payroll; to assist with the monthly season ticket ledger on an accurate and timely basis.

- To assist with the year-end process in an accurate and timely manner for submission to HMRC.

- To assist in producing P11Ds on an annual basis in a timely and accurate manner, provide a copy of each P11D to the appropriate staff member.

- To liaise with other associated individuals and departments within the Company as required (i.e, Accounts department, IT department).

- To exercise judgement when reviewing payroll files, referring to a senior colleague where appropriate.

- To ensure that all payroll procedures maintain compliance with Sarbanes-Oxley standards and requirements.

- Carry out duties following internal policies and procedures, following applicable laws, rules, regulations, good governance, and shared values.

Required Qualifications & Technical Knowledge :

- Basic understanding and knowledge of FCA rules and guidelines relating to commercial and private customers.

- Basic understanding and knowledge of general insurance and underlying legal principles, banking methods and accounting principles, and all company-specific procedures.

- Detailed understanding of the Oracle Payroll/HR software package.

- Detailed understanding of payroll legislation.

Required Skills :

- Ability to prioritise and organise own workload to ensure that deadlines are adhered to.

- Ability to work under pressure and without supervision.

- Ability to develop and sustain relationships with both internal and external customers.

- Ability to construct effective written communications, including letters and reports.

- Confident and effective telephone skills.

- IT Skills MS Word, MS Excel, Oracle payroll/HR software package


Functional Areas: Other

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