Process Executive

3 days ago

Nagpur, Maharashtra, India beBeePayroll Full time ₹ 20,00,000 - ₹ 30,00,000
Job Overview

As a key member of our payroll team, you will play a crucial role in processing Payroll Control and Pension Reconciliations. This involves ensuring the accuracy of payroll and tax controls, checking that the correct amount of tax is deducted from members' pensions and reported to HMRC.

Pension Reconciliations involves reconciling money in bank accounts with figures reported from pension administration systems. This is essential for meeting regulatory and contractual requirements.

This role requires excellent organisational skills, attention to detail and the ability to work well under pressure. You will be responsible for sourcing and collating data into existing templates to support this process.

Core Duties and Responsibilities:
  • Providing an Excellent Service: Providing an excellent pension reconciliation and payroll control service in line with SLAs.
  • Adhering to Standard Operating Procedures: Adhering to SOPs and ensuring any possible changes are raised, discussed and agreed with management before implementation.
  • Processing Daily Workload: Processing daily workload, keeping SME and team members informed of progress throughout the day to ensure reporting and process deadlines are met.
  • Liaising with Other Teams: Liaising with other teams in Retirement Solutions when mismatches or technical issues occur.
  • Accessing Banking Data: Using multiple EQ pensions administration systems to access and retrieve banking data.
Required Skills and Qualifications:
  • A quick learner.
  • Effective at developing working relationships with colleagues outside the team.
  • Excellent timely written and verbal communication skills.
  • Strong organisational and multi-tasking skills to manage workload priorities effectively.
  • Good attention to detail as the role largely involves collating and inputting data.
  • Experience using Microsoft Office and applications, Excel, Outlook, Teams and Snipping Tool.
  • Able to collate data and run macros in Microsoft Excel and have 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 are in peak activity.
Benefits:

This role offers the opportunity to work in a fast-paced environment and develop your skills and knowledge in payroll and pension reconciliation. You will be part of a small team and will have the opportunity to contribute to the success of the business.

Others:

Desirable but not essential qualifications include experience of working in an operations environment and awareness of Client Money Regulations and UK Tax system.

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