UK Payroll Administrator
- Recruiter
- Morgan Stanley
- Location
- North Lanarkshire
- Salary
- Competitive
- Posted
- 19 Jul 2017
- Closes
- 07 Aug 2017
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
Firm Human Resources is committed to recruiting and retaining talented individuals and positioning them to excel. Our HR professionals provide a full range of services including: human capital planning; creating strategies to attract, develop and reward employees; promoting a diverse workforce; fostering employee engagement; designing competitive pay and benefit plans; and proactively addressing employee matters.
The Payroll Operations team consists of approximately 12 people with its core function being to manage the processing and compliance of the payroll for all UK employees and for 18 payrolls in EMEA. This entails the processing of all monthly net salary and bonus payments to approximately 8,000 employees plus the payment of associated taxes and contributions to benefit plans related to these employees. This is currently achieved through a combination of both hosted and outsourced vendor arrangements across EMEA.
Primary Responsibilities
The successful candidate should be able to demonstrate experience and knowledge gained within a busy and professional payroll department. You are expected to be able to work efficiently and effectively at all times whilst providing an exemplary level of service to all levels of employees. A flexible approach and an ability to manage your own time and duties will be required to be part of this team.
• Processing responsibility for around 1600 employees for a defined business unit(s) included on the UK payroll via Midland HR (iTrent)
• Build and manage relationship with HR. This role acts as a dedicated payroll contact for the business units HR coverage and employees with a requirement to provide a high level of technical/practical advice on Payroll administration matters to ensure statutory and firm compliance.
• Input and checking of all aspects of UK Payroll processing
• Starters, Leavers and completion of all appropriate tax forms
• Knowledge and application of statutory and firm rules in relation to: SSP, SMP, SAP, SPP, redundancy payments and many other aspects of payroll processing
• Review and checking of other administrator's work to ensure accuracy and provide absence cover for their business unit.
• Dealing with employee related queries through a web based query tool within the given SLA agreements.
• Day to day liaison with clients - HR, employees, HMRC and Vendors
• Monthly payroll element reconciliation and control reporting
• Arrange 3rd party monthly payroll payments i.e. court orders and Payroll Giving
• Completion of periodic National Statistics forms
• Payroll uploads of HR data to iTrent
• FBI control of payroll input and output
• Overpayments process compliance
• Continually updating all process documentation to ensure all are up to date and available to test under our strict SOX control processes.
• Maintaining a detailed understanding of current payroll legislation, with a proactive approach to apply daily in your work.
• Escalate and document all issues to ensure senior management awareness and track resolution success.
• Involvement in testing system updates where applicable
Qualifications
Skills required (essential)
• Experience in all aspects of UK payroll processing
• Proven track record in a professional organization
• Ability to set and work towards personal goals
• Ability to analyse and improve processes
• Good knowledge of employment law and PAYE legislation
• MidlandHR iTrent experience an advantage
• Good team player with ability to work on own initiative and manage large volumes of work
• Excel knowledge essential
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.*LI-CL1 Salary: . Date posted: 22/05/2017
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
Firm Human Resources is committed to recruiting and retaining talented individuals and positioning them to excel. Our HR professionals provide a full range of services including: human capital planning; creating strategies to attract, develop and reward employees; promoting a diverse workforce; fostering employee engagement; designing competitive pay and benefit plans; and proactively addressing employee matters.
The Payroll Operations team consists of approximately 12 people with its core function being to manage the processing and compliance of the payroll for all UK employees and for 18 payrolls in EMEA. This entails the processing of all monthly net salary and bonus payments to approximately 8,000 employees plus the payment of associated taxes and contributions to benefit plans related to these employees. This is currently achieved through a combination of both hosted and outsourced vendor arrangements across EMEA.
Primary Responsibilities
The successful candidate should be able to demonstrate experience and knowledge gained within a busy and professional payroll department. You are expected to be able to work efficiently and effectively at all times whilst providing an exemplary level of service to all levels of employees. A flexible approach and an ability to manage your own time and duties will be required to be part of this team.
• Processing responsibility for around 1600 employees for a defined business unit(s) included on the UK payroll via Midland HR (iTrent)
• Build and manage relationship with HR. This role acts as a dedicated payroll contact for the business units HR coverage and employees with a requirement to provide a high level of technical/practical advice on Payroll administration matters to ensure statutory and firm compliance.
• Input and checking of all aspects of UK Payroll processing
• Starters, Leavers and completion of all appropriate tax forms
• Knowledge and application of statutory and firm rules in relation to: SSP, SMP, SAP, SPP, redundancy payments and many other aspects of payroll processing
• Review and checking of other administrator's work to ensure accuracy and provide absence cover for their business unit.
• Dealing with employee related queries through a web based query tool within the given SLA agreements.
• Day to day liaison with clients - HR, employees, HMRC and Vendors
• Monthly payroll element reconciliation and control reporting
• Arrange 3rd party monthly payroll payments i.e. court orders and Payroll Giving
• Completion of periodic National Statistics forms
• Payroll uploads of HR data to iTrent
• FBI control of payroll input and output
• Overpayments process compliance
• Continually updating all process documentation to ensure all are up to date and available to test under our strict SOX control processes.
• Maintaining a detailed understanding of current payroll legislation, with a proactive approach to apply daily in your work.
• Escalate and document all issues to ensure senior management awareness and track resolution success.
• Involvement in testing system updates where applicable
Qualifications
Skills required (essential)
• Experience in all aspects of UK payroll processing
• Proven track record in a professional organization
• Ability to set and work towards personal goals
• Ability to analyse and improve processes
• Good knowledge of employment law and PAYE legislation
• MidlandHR iTrent experience an advantage
• Good team player with ability to work on own initiative and manage large volumes of work
• Excel knowledge essential
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.*LI-CL1 Salary: . Date posted: 22/05/2017