This job posting is no longer active.
Location: Coventry, WSTMID, United Kingdom
Job Family
: Accounting/Auditing
Job Type
: Regular
Posted
: Aug 30, 2024
Job ID: 51090
Payroll Specialist
Are you ready to shape a brighter future?
At Parker, we play a pivotal role in applications that change our world. We are in almost everything that moves. With our wide range of technologies, including in the clean tech space, we help our customers solve their most complex engineering challenges.
We believe that the future belongs to those with vision. That’s why we’re seeking team players who share our purpose of enabling engineering breakthroughs that lead to a better tomorrow. Is that you? Working at Parker means belonging to a passionate, dynamic and innovative team, empowered to make a difference.
Your responsibilities
To deliver an accurate and compliant in-house monthly payroll for the business. Ensure all elements relating to employees and employer are processed and calculated correctly and in a timely and complete fashion.
Responsibilities will include:
• Working on all aspects of payroll processing including:
o Administration of the Parker Employee Stock Purchase Plan.
o Input and maintenance of Masterfile data and of variable data input to the payroll system.
• Provide guidance and advice on tax related queries.
• Ensure payroll processes meet senior accounting officer legislation and SOX requirements.
Specifically, we're looking for:
Accurate delivery of all payrolls within area of accountability to tight deadlines. (Headcount currently circa 2,100)
Ensure delivery of a high quality, customer focused service to the wider business in accordance with agreed Service Level Agreements..
Ensure a culture of problem identification then resolution.
Promote a continuous improvement culture, working with other internal teams such as HRIS team and UKG Dimensions team.
Liaise with Site teams with Time and Attendance systems.
Ensure that appropriate controls are adhered to in accordance with SOX and Audit requirements.
Oversee the receipt and processing of day-to-day enquiries sent to the Payroll Enquiries email inbox, liaising with other colleagues in HR to resolve.
Undertake payroll processes to ensure accurate inputting of overtime, on call, unpaid sickness, allowances, attachment of earnings, SMP and SPP etc.
Administration of the company defined contribution scheme.
Production of financial reports for Finance teams to enable posting of payroll costs to GL.
Maintenance of employee self- service accounts for E-payslips and password reset requests. Processing of termination payments.
Administration of Share Incentive Plans
Year-end process and production of P60’s.
Ideally, you will also have
What we offer