Job Description
Salary:£42,000 - £50,000 depending on experience
Hours:Monday - Friday 8:30am - 5:30pm
This is a fixed term contract for 12 to 18 months.
We are seeking a meticulous and proactive Payroll Analyst to join our client's team, specializing incommission calculation and automation. The incumbent will play a pivotal role in accuratelycalculating commission schemes for our business, optimizing current calculation methods, andleading the transition towards automation through Enterprise Performance Management (EPM)systems. The ideal candidate will possess a strong understanding of payroll processes, exceptionalanalytical skills, and a keen eye for process improvement opportunities.
Key Responsibilities:
Commission Calculation:
* Develop, maintain, and enhance commission calculation processes to ensure accuracy andcompliance with company policies and regulations.
* Collaborate with sales, lettings and finance teams to understand commission structures, incentivesand performance metrics.
* Calculate monthly, quarterly, and annual commissions for eligible employees.
* Review and validate commission calculations to identify and resolve discrepancies.
Process Optimisation:
* Evaluate current commission calculation methods, tools, and systems to identify inefficiencies andareas for improvement.
* Propose and implement enhancements to streamline processes, reduce manual efforts, and increaseefficiency.
* Document updated processes and ensure adherence to standardized procedures.
Data Analysis:
* Provide insights and recommendations to management regarding commission structures, targets,and incentives.
Integration to Automation:
* Lead the integration of commission calculation processes into the Enterprise PerformanceManagement (EPM) system.
* Work closely with finance and EPM implementation teams to configure and customise automationsolutions.
* Conduct user acceptance testing (UAT) to ensure accurate and seamless transition to automatedprocesses.
* Provide training and support to end-users on the use of automated tools and systems.
Reporting:
* Prepare and distribute accurate commission statements and reports to stakeholders in a timelymanner.
* Assist with audits and provide documentation as needed.
To be considered for this role, the following experience and skills are desired:
* Proven experience in payroll analysis, commission calculation, or related role.
* Strong proficiency in Excel, financial modeling, and data analysis techniques.
* Familiarity with Enterprise Performance Management (EPM)
* Excellent attention to detail and ability to maintain accuracy in a fast-paced environment.
* Strong analytical and problem-solving skills with a focus on process improvement.
* Ability to communicate effectively and collaborate with cross-functional teams.
* Experience with project management and leading process improvement initiatives is a plus.
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