Ref: CC44570

Compensation and Benefits Specialist (Ref: CC44570)

Sector HR
Type Full-time, Permanent
Location London
Salary (Annual) £21,000 - 30,000 / Year
An international trading house is currently looking for a Compensation and Benefits Specialist to join their team in central London. This role will provide the full remit of compensation and benefits advice, and co-ordination and its elected subsidiary companies (Including related taxation, National Insurance issues, year-end procedures, salary budget, bonus calculation, pension, and all related matters) to ensure a seamless function is maintained always.
Type: Full time, permanent
Location: Central London (hybrid working is available)
Salary: £21k – £30k + great benefits

Main Responsibilities
• To provide a service in connection with payroll/tax, benefits, monthly reporting
and project work
• Manage payroll processes and related month end in SAP. Deal with employee queries
• Collate and upload monthly contributions to Scottish Widows. Issue SAP payment, recharge to subsidiary companies via quarterly invoice and deal with employee queries, salary sacrifice requests
• Prepare provision of bonus for Accounting Department (best estimation of bonus to be paid in the following June)
• Ensure all vendor payments are accounted before end of financial year (all team)
• Reconcile year end PAYE and NI for the 8 payrolls. Calculate NIC due on benefits in kind, issue P11D (b)'s any P11D's for 6 July deadline and issue payments to HMRC
• Collate expenses for the PSA, taxable relocation/staff entertainment and issue calculation/payment to HMRC
• Prepare spreadsheets for Stage 3 meetings, bonus template spreadsheet, announcement letters to employees/summary of results for DGMs, reflect changes in payroll/benefits for 8 companies
• Collate data and coordinate 1st June and 1st September renewal with broker, pay invoices, recharge to subsidiary companies
• Liaise with DGM to set salary budget for the next financial year, data given to Budget Department
• Provide Global Mobility team and Accounting departments with monthly headcount report by cost centre
• Process applications through payroll
• Complete form with information/statistics.
Ideal Candidate
• GCSE (equivalent grade C or above) in Maths and English
• Confidentiality
• Good communication skills
• Good numerical skills
• Excellent analytical skills
• Excellent level of Word and Excel
• Flexibility to travel on occasion
• Previous proved knowledge of running payrolls
• Previous knowledge of working in a Human Resources team

** All applicants must have the right to work in the UK as the Company is not able to offer visa support.

If your application is successful, you will be contacted within two business days.
We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.
Updated: 11 days ago
Ref: CC44570