Hours of work: 35 hours each week (with flexibility to meet deadlines as required)
SMCR Function: This is a Certified Role
Purpose of role: In this role you will be responsible for ensuring the accurate delivery of payroll to the Company's employees, ensuring that the Company's HMRC obligations are met and that employer and employee PAYE are managed and paid in good time. You will also be responsible for maintaining the payroll accounts and managing the company's benefits and pensions payments. You will manage the relationship between the Company and its payroll bureaus as well as other key benefit providers. You will prepare bonus calculations in accordance with agreed bonus schemes for the Group.
Key Responsibilities:
Coordinate and manage the monthly payroll process for the entire organisation
Produce accurate payment schedule for the payroll bureaus to produce net payments per employee
Report month-on-month changes to payments to the Group Finance Director
Ensure the company benefits programmes are managed efficiently and effectively and liaise with providers
Maintain all employee payroll and tax records
Submit payroll reports to Finance
Manage payroll systems and suggest improvements
Liaise with HR regarding new joiners, leavers and contract changes affecting salaries
Manage the payroll year end processes, including P60s and P11Ds
Respond to employee queries relating to all payroll matters
Ensure all monthly, quarterly and annual flexible remuneration for Advisers and other contracts are adhered to
Ad-hoc projects as requested by line management
Ensure robust controls over the payroll processes
SM&CR Responsibilities: As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.
Individual Conduct Rules:
You must act with integrity
You must act with due care, skill and diligence
You must be open and co-operative with the FCA, PRA and other regulators
You must pay due regard to the interests of customers and treat them fairly
You must observe proper standards of market conduct
You must act to deliver good outcomes for clients
Experience / Skills Required:
Solid understanding of PAYE and payroll compliance
Good excel skills
Attention to detail and accuracy of work
Team Player
Confidentiality
Ability to work under pressure and to tight deadlines