Payroll and Benefits Advisor
London, United Kingdom
003223
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
About the Position
Schedule
Full Time Permanent
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
Supporting the Senior Payroll & Benefits Advisor, you will be part of a small team processing 3 UK payrolls, co-ordinating activity for 10 outsourced overseas payrolls & maintaining benefits programs for 2,250 Associates & Partners.
This is an excellent opportunity to join Lockton’s People Team in a newly created role. Where, as part of the centralised Payroll & Benefits team, you will be responsible for assisting in accurate and timely processing of 13 payrolls across Europe and APAC, including accurate calculation of Associate benefits.
Qualifications
Key responsibilities:
In House Payroll
· Collaborate effectively with HR Admin team and Business Partners to ensure payroll data is received, and systems updated, within set deadlines.
· Ensure timely and accurate end-to-end processing of UK payroll including starters, leavers, court orders, one-off payments, and deductions, and payrolled benefits.
· Produce and reconcile monthly payroll reports to ensure salary and benefit changes have been reflected correctly in payroll.
· Produce and reconcile monthly payroll reports to ensure accurate cost allocation is provided to Finance.
· Resolve technical queries from Associates, HR, Finance, and external agencies, including HMRC.
· Reconcile 3rd party payments to the monthly payroll reports, and ensure the payments are raised promptly.
· Ensure invoices are reconciled, processed, and paid in a timely manner.
· Monitoring the Payroll email inbox ensuring queries are responded to in a timely manner.
· Assisting in Payroll End of Year, including P11d processing.
· Assist in creation and delivery of post payroll reporting.
· Supporting data preparation for audits and responding to queries from auditors.
Outsourced Payrolls
· Liaise with the 3rd party payroll providers to provide monthly input.
· Conduct a complete check of the payroll output and resolve any issues where required.
· Monitor the Payroll email inbox, ensuring queries are responded to in a timely manner.
· Work with providers to resolve technical queries from Associates, HR, Finance, and external agencies.
· Reconcile monthly payroll reports received from providers to ensure salary and/or benefit changes have been reflected correctly in the payroll run.
· Produce and reconcile monthly payroll reports for internal stakeholders (finance) to ensure accurate allocation of costs.
· Lead in the creation and delivery of post payroll reporting.
· Ensure timely payment to relevant 3rd parties.
· Ensure invoices are reconciled and processed in a timely manner.
· Supporting data gathering for audits and responding to queries from auditors
Benefits
· Support with benefits administration, including notifying benefit providers of starters, leavers & changes to benefit selections. Provide benefits advisory support to the HR team.
· Assist with monthly pension and benefit administration including reconciliation of contributions.
· Assist with continuous review of Benefex platform, ensuring payroll correctly reflects Associate & Partner selections.
· Responding to benefits queries relating to benefits processed through the payroll (pension, healthcare, childcare vouchers, cars etc). Resolve technical queries from Associates, HR, Finance, and external agencies.
· Ensure invoices are reconciled and processed· in a timely manner.
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Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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