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Pension And Payroll Administrator
hace 3 meses
RecruitGibraltar are currently helping our client who is a long-established and reputable legal firm who offer long term career growth, excellent salary and a rewarding working environment where you can make a real impact.
The role of the Pension and Payroll Administrator is to be involved in the day-to-day administration of the pension scheme, making sure that new and existing customers' policies are accurately maintained and serviced.
You will also run all aspects of client payrolls including start through to checking.What will you do as a Pension and Payroll Administrator?
Pensions Administration
- Collating and processing new member records on the pension scheme database.
- Validating new member information and completing KYC and due diligence.
- Using computer system to look up information and update computerised member records to maintain accuracy including actioning updates for periodic events such as benefit statements, pension increases, scheme valuations.
- Monitoring contributions, maintaining trustee bank accounts, and investing with fund managers.
- Accurately calculating pension forecasts, preparing statements and processing retirement and death benefits including lump sums and pension pay outs.
- Liaising with external third parties as appropriate such as Income Tax Office (ITO), accountants and fund managers.
- Providing members and other relevant parties with information on request such as fund values, estimated benefits and various data extracts.
- Reviewing and verifying source documents.
- Processing payroll by established deadlines.
- Issuing statements of earnings and deductions.
- Reconciling employee deductions.
- Investigating and correcting payroll discrepancies and errors.
- Maintaining comprehensive payroll records by recording payroll changes including pension joiners, loan payments, working hours changes, leave, and salary increases.
- Processing new employees, terminations, transfers, and promotions
- Preparing and printing payroll reports of earnings, hours worked, PAYE tax and social insurance, pension enrolment and leave.
- Addressing employee's pay-related concerns and providing accurate payroll information
- Complete year end payroll processes
- Knowledge and experience of Pensions Administration/QROPS
- Knowledge and experience of Payroll Administration.
- Excellent knowledge of MS Office suite - Excel and Outlook essential.
- Experience of Viewpoint system or equivalent would be an advantage.
- Experience of computerised payroll packages would be an advantage.
- Able to successfully form, build, develop and maintain positive and effective working relationships with people from a wide range of personal and professional backgrounds up to and including Board level.
Salary £20k - £25k plus benefits
