Key role in a significant project, The position involves supporting the implementation of the iTrent integrated HR/payroll system, providing a unique opportunity to engage in a transformative project that enhances operational efficiency.
Diverse responsibilities, The role offers a mix of payroll management and finance tasks, appealing to those who enjoy varied work environments and the chance to develop a broad skill set.
Collaboration opportunities, Working closely with HR, accountants, and departmental managers fosters a collaborative work culture, promoting team dynamics and professional relationships.
Impact on compliance, The Payroll and Finance Officer ensures adherence to statutory regulations and compliance with HMRC and NHS Pension submissions, playing a crucial role in maintaining the organization's integrity.
Professional growth, Assisting the Senior Accountant with financial reports and forecasts offers invaluable experience in finance and accounting, beneficial for career advancement.
Contribution to decision-making, The provision of financial data and analysis supports strategic business planning, allowing the officer to play a vital role in the organization's success.
Location advantage, Being based in London, one of the world's leading financial hubs, provides exposure to various industries and professional networking opportunities.
The Payroll and Finance Officer at LCW UCC in London will be responsible for the efficient management of the payroll function, particularly during the implementation of the iTrent HR/payroll system scheduled for February 2025. This role will initially focus on processing payroll for approximately 250 staff, addressing related queries, and ensuring compliance with statutory deductions and submissions to HMRC and NHS Pensions Online. As the role evolves, the officer will balance payroll responsibilities with supporting the Senior Accountant in financial reporting, budgeting, and forecasting, while also assisting with month-end activities, VAT returns, and audits.
Additionally, the Payroll and Finance Officer will collaborate with key stakeholders including the HR team and departmental managers to maintain accuracy in payroll records, report generation, and overall financial compliance. They will play a vital role in enhancing financial systems and processes, supporting project accounting, and contributing to decision-making through financial analysis. Interviews for this position will take place on February 10, 2025.
Additionally, the Payroll and Finance Officer will collaborate with key stakeholders including the HR team and departmental managers to maintain accuracy in payroll records, report generation, and overall financial compliance. They will play a vital role in enhancing financial systems and processes, supporting project accounting, and contributing to decision-making through financial analysis. Interviews for this position will take place on February 10, 2025.
Key role in a significant project, The position involves supporting the implementation of the iTrent integrated HR/payroll system, providing a unique opportunity to engage in a transformative project that enhances operational efficiency.
Diverse responsibilities, The role offers a mix of payroll management and finance tasks, appealing to those who enjoy varied work environments and the chance to develop a broad skill set.
Collaboration opportunities, Working closely with HR, accountants, and departmental managers fosters a collaborative work culture, promoting team dynamics and professional relationships.
Impact on compliance, The Payroll and Finance Officer ensures adherence to statutory regulations and compliance with HMRC and NHS Pension submissions, playing a crucial role in maintaining the organization's integrity.
Professional growth, Assisting the Senior Accountant with financial reports and forecasts offers invaluable experience in finance and accounting, beneficial for career advancement.
Contribution to decision-making, The provision of financial data and analysis supports strategic business planning, allowing the officer to play a vital role in the organization's success.
Location advantage, Being based in London, one of the world's leading financial hubs, provides exposure to various industries and professional networking opportunities.
The Payroll and Finance Officer will play a key role in ensuring the smooth operation of LCWs payroll function while providing critical support to the Senior Accountant in achieving the organisation's broader financial objectives.
The role will have a stronger focus on payroll initially during the implementation and go-live phase of the iTrent integrated HR/payroll system, scheduled for February 2025, transitioning to a more balanced hybrid role thereafter.
The Payroll and Finance Officer will support the accurate and timely processing of payrolls for approximately 250 staff, including addressing queries and supporting HR and departmental managers.
In addition, they will collaborate with HR team lead and pension lead to ensure compliance with statutory deductions, accurate submissions to HMRC and pension submissions on NHS Pensions Online.
The post holder will also assist the Senior Accountant in preparing financial reports, budgets, and forecasts for departments and projects.
Please note, the interviews for this position will be conducted on Monday 10th February 2025.
About us
- Ensure the appropriate maintenance and accuracy of the Itrent payroll system records working alongside the HR Team lead
- Prepare and review monthly payroll reports for accuracy, identifying any variances for further analysis.
- Provide general guidance and coordination on payroll-related queries, working closely with HR and employee line management as required.
- Maintain proper documentation and controls for payroll processes to meet audit and compliance requirements.
- Support month-end close activities, including preparation of accruals, prepayments, and deferred income schedules.
- Contribute to the preparation and submission of quarterly VAT returns.
- Collaborate on the development of financial systems and processes to improve efficiency and effectiveness.
- Assist in maintaining the contract register and ensuring financial compliance with agreed terms.
- Provide financial data and analysis to aid in decision-making and business planning.
- Support the annual audit process, addressing queries and implementing corrective actions as required.
- Assist with project accounting and costings for tenders and existing services.
More information related to this job opportunity, from jobsincare:
Possible interview questions for this job
Click to
view Start practice interview
NEW!
Please wait...this will take a moment...
Please wait...this will take a moment...
More about the NHS
The National Health Service (NHS) is a cornerstone of healthcare in the United Kingdom, established in 1948 with the simple yet profound principle of providing healthcare to all citizens, free at the point of use. This revolutionary system aimed to ensure that access to medical services would not depend on an individual’s financial situation, a concept that has since become fundamental to British societal values. Learn more...
Similar
Payroll and Finance Officer roles
inLondon
What might it look like to work here?
Stand by, we'll show you...
Stand by, we'll show you...
This image is not representative.
Learn more