Pension Reconciliation Specialist
3 days ago
At Equiniti, we are a leading international provider of shareholder, pension, remediation, and credit technology.
We support 37 million people in 120 countries.
Our India office began operations in 2014 as a Global India Captive Centre for Equiniti. Within a decade, it transformed from being a capability centre to a Global Competency Centre, supporting the company's growth story worldwide.
As a Process Executive in our team, you will be responsible for Payroll Control and Pension Reconciliations.
Payroll Control involves processing payroll and tax controls, checking the correct amount of tax deducted from members' pensions is reported to the UK government department, His Majesty Revenue and Customs (HMRC), and that your employer pays the correct amount of tax due.
Pension Reconciliations involves reconciling money in client bank accounts with figures reported from your employer's pension administration systems. This is essential for meeting regulatory and contractual requirements.
The successful candidate will be responsible for:
- Providing an excellent pension reconciliation and payroll control service according to Service Level Agreements (SLAs).
- Following Standard Operating Procedures (SOPs) and suggesting changes to procedures before implementation.
- Processing daily workload, keeping Subject Matter Experts (SMEs) and team members informed of progress throughout the day to ensure timely reporting and process completion.
- Liaising with other teams when mismatches or technical issues occur.
- Using multiple pension administration systems to access and retrieve banking data.
You will work effectively as part of a team and on your own, develop working relationships with colleagues outside the team, work to tight deadlines, have excellent timely written and verbal communication skills, strong organisational and multi-tasking skills to manage workload priorities effectively.
You should have good attention to detail, good math skills, experience using Microsoft Office applications, Excel, Outlook, Teams, and Snipping Tool, able to collate data and run macros in Microsoft Excel, and a basic understanding of formulas.
Key responsibilities include Payroll Production & Treasury Administration, providing an excellent Pension Production and Treasury Administration service according to SLAs, following SOPs, processing daily workload, and reconciling payments and client bank account records.
This role requires excellent analytical, problem-solving, and time management skills, as well as the ability to work independently and collaboratively as part of a team.
Able to work accurately and efficiently in a fast-paced environment with competing deadlines, and provide excellent customer service while maintaining confidentiality and discretion.
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