Payroll Control and Pension Reconciliations Role
4 days ago
Job Title
">- Payroll Control and Pension Reconciliations Role
We are seeking a skilled professional to manage payroll control and pension reconciliations.
">Job Description">This is an exciting opportunity for someone who wants to work in a dynamic environment where they can make a real impact on the organization's success.
">The successful candidate will be responsible for managing payroll control and pension reconciliations, including processing payroll and tax controls, checking the correct amount of tax deducted from members' pensions is reported to HMRC, and that EQ pays the correct amount of tax due.
">Pension reconciliations involve reconciling money in EQ/client bank accounts with figures reported from EQ pension administration systems, which is essential for EQ to meet regulatory and contractual requirements. The reports are then shared internally with other teams in Retirement Solutions and externally with clients.
">Key Responsibilities">- Providing excellent pension reconciliation and payroll control service in line with Service Level Agreement (SLA) standards.
- Adhering to Standard Operating Procedures (SOP) and ensuring any possible changes to procedures are raised, discussed, and agreed with management before implementation.
- Processing daily workload, keeping Subject Matter Expert (SME) and team members informed of progress throughout the day to ensure reporting and process deadlines are met.
- Liaising with other teams in Retirement Solutions when mismatches or technical issues occur.
- Using multiple EQ pensions administration systems to access and retrieve banking data.
To succeed in this role, you will need excellent organizational and multi-tasking skills to manage workload priorities effectively. You should also have good attention to detail as the role largely involves collating and inputting data.
">- Quick learner
- Able to work effectively as part of a team and on your own
- Effective at developing working relationships with colleagues outside the team
- Able to work to tight deadlines
- Excellent timely written and verbal communication skills
- Strong organisational and multi-tasking skills
- Good math skills
- Experience using Microsoft Office and applications, Excel, Outlook, Teams, and Snipping Tool
- Able to collate data and run macros in Microsoft Excel and a basic understanding of formulas
- Able to use internet banking to access and retrieve bank statement data
- Able to work across multiple systems
- Able to work well under pressure and remain focused when the team is in peak activity
- Experience of working in an operations environment (desirable but not essential)
- Awareness of Client Money Regulations (desirable but not essential)
- Awareness of UK Tax system (desirable but not essential)
This is an exciting opportunity to join our team and contribute to our mission of delivering exceptional customer experiences.
">You will have the opportunity to develop your skills and experience in a dynamic environment, working with a talented team of professionals who are passionate about delivering excellence.
">How to Apply">If you are a motivated and organized individual with a passion for delivering excellent results, we encourage you to apply for this role.
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