Senior Pensions Administrator London, England
Job description
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
Digital Business Services is a pivotal part of the Group, providing essential operational and technical support to our global businesses and helping improve customer service and efficiency. Operations, Services and Technology combines global expertise and technology to help keep us ahead of the competition
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
The role of Senior Pension Payroll Administrator within the HSBC Wealth Retirement Services - Banking team:
The role has a wide scope of responsibilities and requires a detailed understanding of payroll processes and the relevant regulations. Client Money reconciliations and mandate auditing are undertaken on a daily basis requiring technical knowledge of Client Assets Securities Services (CASS).
This position would be ideal for someone who wants to continue to develop their management and technical skills.
In this role you will be responsible for:
- Accurate completion of the twice monthly pension payrolls
- Allocation and auditing of tax codes
- Production of P45’s and P60’s
- Tax year start/end processing
- Provide information to HMRC in line with HMRC requirements and deadlines
- Ensuring all payments required by HMRC are accurate
- Responding to payroll queries
- Accurate completion of client money reconciliations
- Accurate completion of money movements
- Ensuring invoices are raised in line with terms and conditions and in a timely manner
- Debt recovery in connection with invoices
- Overseeing direct debit administration
- Production of management information as and when required
- Procedure reviews
- Training and coaching members of staff at all levels
- Allocation and supervision of work
- Auditing/peer checking work – including outsourced activities
To be successful in this role you should meet the following requirements:
- Minimum 3 years’ hands on experience of working in payroll
- Experience of processing a payroll tax year end
- Knowledge of payroll legislation
- Experience of manual payroll calculations
- A payroll qualification is desirable
- Working knowledge of RTI
- Working knowledge of Government Gateway and BACS Payment Services
- Evidence of maintaining own CPD
- Excellent numeric skills
- Competent IT skills/Excel
- Knowledge of pension administration system (SIPP~Pro) would be beneficial
- Strong attention to detail and be articulate and diligent
- Strong organisation and time management skills and be able to work to tight deadlines
- The ability to work on own initiative as well as being able to identify when it is necessary to seek advice and support
- Good team working skills
The base location is Forum 1, The Forum, Fareham, PO15 7PA, UK Hybrid.
You’ll achieve more when you join HSBC.
At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: [email protected]
Telephone: +44 2078328500
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.
