Pensions Payroll and Cash Management Administrator

Advertiser
Lane Clark & Peacock
Date Posted
12th June 2018
Job Title
Comp & Bens Administrator, Payroll & Benefits Controller, Payroll & HR Administrator, Payroll Administrator
Reference
VAC-57600
Location
Winchester
Job Type
Permanent / Full Time
Salary
Competitive

Job Description

 

Job title:                                                            Pensions Payroll and Cash Management Administrator

Location:                                                           Winchester

Salary:                                                              £25k - £28k

Sector:                                                              Pensions Administration

Contract Type:                                                  Permanent

Hours:                                                               Full time

How to apply:                                                    visit www.lcp.uk.con or email recruitment@lcp.uk.com

 

Purpose of job

Working as part of the Pensions Administration Department as a member of the Payroll and Accounting team.  You will be part of the team providing pensioner payrolls and cash management services for multiple clients, delivering  a high quality efficient and effective service for the scheme members


Main responsibilities and duties

  • For Payroll by ensuring accurate and timely payment of pensions, in accordance with legislation and organisational timetables;
  • Process Client Payrolls in line with procedures
  • Ensure payroll changes are recorded on work management  tool, and processed according to agreed procedures and SLA’s
  • Reconciliation of payroll costs and changes against Pensions Admin System
  • Ensuring PAYE for pension schemes is paid within deadlines
  • Ensure Payments to Pensioners, HMRC & 3rd party bodies are made on a timely basis and within agreed controls
  • Answer queries from pensioners, colleagues, partners & clients and 3rd party bodies
  • Ensure compliance with agreed payroll deadlines
  • Support the Accounts/Payroll Team on payroll matters
  • Maintain payroll and ancillary systems
  • Provide assistance with ad-hoc payroll projects such as; Finalising set up new Payroll system and setting up payrolls for new clients
  • Advise and assist Client Teams on payroll matters
  • Provide assistance and support to Pensions Accounts team if required.


For Cash management the main responsibilities are:

  • Raising of beneficiary and third party payments
  • Bank reconciliations on a daily / weekly / monthly basis
  • Liaising with banks to verify payments
  • Producing quarterly income and expenditure reports
  • Assisting with the installation of new clients onto payroll and accounting system
  • Assisting accountants with audits to allow accounts to be  published within the legally prescribed timescales


Previous experience/qualifications

  • Experience of Payroll, preferably Pensioner but not essential
  • Reconciliation of payroll and payroll accounts, essential
  • Some experience of cash management activity would be preferred but not essential