Payroll and Benefits Team Leader - Fixed Term 12 Months

Recruiter
Aegon
Location
Edinburgh, UK
Salary
Competitive
Posted
21 Oct 2019
Closes
02 Nov 2019
Ref
1306661544
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
About us

Aegon is an international provider of life insurance, pensions and asset management. With over £870 billion of assets under management, we have businesses in over 25 countries around the world and around two million customers in the UK.

At Aegon it's our mission to help the UK achieve a lifetime of financial security. We've led the way in innovation that can make people's financial assets work smarter as well as harder. From online technology that gives one-stop access to a universe of investment opportunity - to retirement products that make wealth planning simple, easy and fulfilling - we're dedicated to getting people closer to their financial goals every day.

The role

As Payroll & Benefits Team Leader you will be responsible for the day to day operational activities in the Payroll Services area within HR Operations and be the first point of escalation. You will provide a high level of customer service to internal and external customers, providing specialist advice on all aspects of payroll processes, HMRC legislation, statutory compliance and ensure adherence to company policy. You will have delegated responsibility for some aspects of team management and input to performance management.

You will support the delivery of timely and accurate processing of all elements of the function including oversight of day to day processing/administration, processing of benefits, adherence to SOx controls, interfaces and BACS transmission to ensure accurate and timely payments.

As a subject matter expert you will oversee key projects and team delivery including allocation of tasks and appointing resource, providing expertise and focus to key payroll projects e.g. annual pay review, benefits enrolment, tax year end, P11D's, pay of bonus, PAYE settlement agreement and pension reconciliations.

The role will play a significant part in the ongoing development and continuous improvement of payroll processes and practices. Ensuring, efficiencies are created where possible, driving out manual intervention and reducing risk.

The role will be responsible for reviewing and implementing legislative, compliance and company policy changes and as a subject matter expert, your role will be to understand and influence process and deliver system changes when necessary to ensure our payroll is automated and complies with HMRC. You will be responsible for reporting, controls, leading on SOX/internal and external audits to ensure compliance and identify areas of risk/issues and solutions.

Skills & Knowledge:
  • Can motivate and drive delivery through others
  • Capable of working to tight deadlines in a pressurised environment
  • Intermediate Excel skills
  • Strong planning and organisation capability
  • Continuous process improvement
  • Proven knowledge of legislation surrounding Payroll, including PAYE, NI, pensions, employment and data protection legislation.
  • Knowledge of the taxation of company provided benefits and the subsequent reporting through P11d and PSA

Experience:
  • Previous experience of supervising a Payroll and Benefits function in a high volume, fast paced environment
  • Proven experience of HMRC statutory reporting for RTI, P11d, PSA, STBV's etc.
  • Systems development and change management

Qualifications:
  • CIPP qualification (or equivalent) is desirable.

How will we reward you?

This is a full time role with a competitive salary, this will be dependent on experience with great career development opportunities.

In return, we can offer you a range of financial services benefits including:
  • Non-contributory Pension
  • Annual holiday entitlement is 25 days, plus 9 public holidays
  • We operate a system of flexible working hours
  • Flexible benefits including private health care, income protection and life assurance with additional voluntary benefits available
  • Free on-site multi-story car park
  • On-site gym facilities

Please submit your application by Friday 1st November 2019.

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