Payroll & Benefits Specialist
Payroll & Benefits Specialist – £60,000 + Bonus – City of London
Frazer Jones are delighted to be supporting a leading name within financial services on the recruitment on a Payroll & Benefits Specialist.
Our client is offering hybrid working with 3 days per week required into the office.
The Role:
- Administered bi-weekly payroll for U.S. and Canadian employees, ensuring accuracy, timeliness, and full compliance with company policies and relevant regulations.
- Maintained and updated payroll records, including onboarding and offboarding data, salary adjustments, parental leave/pay, sign-on bonuses, and other variable compensation elements.
- Processed employee deductions, bonuses, and overtime payments with precision.
- Generated and distributed payroll reports and pay statements to employees and management.
- Ensured timely filing of payroll taxes and adherence to all federal, state, provincial, and local tax regulations in both the U.S. and Canada.
- Collaborated with the Payroll & Benefits Team Leader and Finance Department to reconcile payroll accounts and resolve discrepancies.
- Administered employee benefits programs, including health, dental, vision, life insurance, 401(k), and other employer-sponsored benefits for U.S. and Canadian staff.
- Coordinated open enrolment periods and supported employees with benefits selection and enrolment processes.
- Responded to employee inquiries regarding benefits and assisted with claims resolution.
- Maintained accurate and up-to-date benefits records, ensuring compliance with applicable laws and regulations such as ERISA, COBRA, and Canadian benefits legislation.
- Ensured ongoing compliance with all payroll and benefits-related regulations across both countries.
- Prepared and submitted required reports, including quarterly and annual tax filings and benefits compliance documentation.
Skills needed:
· Strong understanding of US Payroll.
· Strong excel skills.
· ADP system knowledge is an advantage.
The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
