To support the finance function by managing payroll processes and handling accounts payable and receivable activities. The role ensures accurate financial record-keeping, timely payments, and compliance with relevant regulations.
Key Responsibilities
Payroll Administration
Process monthly payroll accurately and in line with statutory deadlines.
Maintain up-to-date payroll records and employee data.
Administer statutory payments including SSP, SMP, and pension contributions.
Liaise with HR to ensure correct employee information is used.
Respond to payroll-related queries from staff and external bodies.
Accounts Payable
Process supplier invoices, ensuring correct coding and approvals.
Prepare and execute supplier payments via BACS or other methods.
Reconcile supplier statements and resolve discrepancies.
Maintain accurate records of outgoing payments and support month-end processes.
Accounts Receivable
Generate and issue customer invoices.
Monitor incoming payments and follow up on overdue accounts.
Reconcile customer accounts and resolve payment issues.
Post receipts and maintain accurate ledgers.
General Finance Support
Assist with bank reconciliations and petty cash management.
Support the preparation of financial reports and audits.
Maintain financial documentation and filing systems.
Ensure compliance with internal financial policies and procedures.
Key Skills & Competencies
Attention to Detail: High level of accuracy in financial data entry and processing.
Numerical Ability: Strong understanding of basic accounting principles.
IT Proficiency: Skilled in Excel and accounting/payroll software.
Communication: Clear and professional communication with internal and external stakeholders.
Time Management: Ability to meet tight deadlines and manage multiple tasks.
Problem-Solving: Capable of identifying and resolving financial discrepancies.
Confidentiality: Handles sensitive financial and personal data with discretion.
Teamwork: Works collaboratively across departments.
Ability to work on own initiative with a can-do attitude.
Qualifications & Experience
Previous experience in payroll and finance administration.
Familiarity with UK payroll legislation and HMRC requirements.
Experience with accounting systems and financial reporting.