Payroll Manager
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About The Role
Team - Group Finance
Working Pattern - Hybrid - 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Payroll compliance and legislation knowledge
- Attention to detail and analytical skills
- Communication and interpersonal abilities
What this role is all about:
To manage and oversee the process of employee payments across Vitality Group. To ensure that employees are paid correctly and on time, contributing to employee satisfaction and organisational compliance. To manage a team of two to ensure that Vitality adhere to strict legal and tax regulations and meet all statutory obligations.
Responsible for ensuring all policies, process and procedures relating to payroll and employment tax are reviewed and maintained regularly in line with legislative changes.
Working closely with the HR team, the Payroll Manager will be a subject matter expert in all aspects of pensions, employment tax, National Insurance and other associated taxes.
Key Actions
- Manage the Payroll function to ensure that c.2,700 Vitality employees are remunerated in accordance with their work contracts.
- Manage full compliance with all statutory and third party payments, ensuring accuracy and submission within the required deadlines.
- Effective management of two members of staff, ensuring that all payroll-related objectives are met in a timely manner.
- Manage an efficient and effective end-to-end payroll service, including creation/checking of new employees, payments, deductions and terminations.
- Liaise with Vitality employees to resolve queries, always maintaining a professional, compassionate and empathetic approach.
- Maintain and build on relationships with the HR team, ensuring we are always working in the most efficient and effective way.
- Review current payroll processes and make proposals to management for improvements.
- Manage and ensure all reconciliations of the payroll balance sheet accounts are completed and resolve any variances.
- Manage and process the salary data into the finance general ledger in a timely and accurate manner, enabling the finance team to produce management accounts within set deadlines.
- Work closely with internal and external auditors on all payroll related transactions and processes, ensuing that all monthly controls are met and documented.
What do you need to thrive?
- Relevant Payroll Qualification(s), or the ability to demonstrate appropriate skills and knowledge.
- Sound knowledge of payroll legislation relating to payroll services; including HMRC requirements with regards to tax, national insurance, apprenticeship levy, RTI, auto-enrolment, PAYE and off payroll working.
- Minimum 5 years experience working in a similar busy payroll environment for a large company.
- Experience of identifying and implementing beneficial changes to payroll processes.
- Experience of payroll and pension year end processes.
- Experience of leading, training and developing staff.
- Ability to produce information and accurate reports, with the ability to present information.
- High level administration and organisational skills and sound decision making skills, coupled with an understanding of appropriate escalation.
- An inquiring and analytical mind with an ability to manage work logically, consistently and accurately, with the ability to problem solve.
- Able to prioritise and time manage and work to deadlines.
So, what's in it for you?
- Bonus Schemes - A bonus that regularly rewards you for your performance
- A pension of up to 12%- We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance - With its own set of rewards and benefits
- Life Assurance - Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, w e will:
- Help you to be the healthiest you've ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.
About You
About Us
We're really excited to announce that we have recently been awarded "Top 10 Best Places To Work" in The Sunday Times Awards 2024!
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.
We've been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives - they benefit, our business benefits, and society benefits. We're successful because we attract, develop, and retain the best people - and because we care.
Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.
Ready to find out if we're the right fit for you? We can't wait.
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Diversity & Inclusion
We're committed to diversity and inclusion because it's good for our employees, for our business, and for society. To learn more please visit our Careers page.
Vitality's approach to sustainability
Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. #LI-Hybrid
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.