Pensions Payroll and Cash Management Administrator Full Time

  • Lane Clark & Peacock

Client: Lane Clark & Peacock

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
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