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Pension & Payroll Specialist

Posted: 12/11/24
Recruiter:Portfolio Payroll Limited
Reference:2848815175
Type:Temporary
Salary:£18 - £20 Hourly
Location:Chelmsford, Essex
Description:

My client is looking to recruit a Pensions & Payroll Specialist on a 6 month temporary basis.

In order to be considered for this role you MUST have significant pensions experience within the education sector as it is pensions heavy, especially LGPS & TPS. In reward for your skills, you will join an established team with a wealth of knowledge within a fantastic company that is highly regarded in the area. If you are looking for work and have the payroll skills detailed above, then then we want to hear from you!

Principal Accountabilities:

  1. Collaborate with the Payroll and Pensions Manager to develop and implement processes and guidance specifically for pensions, ensuring compliance with university policies and statutory requirements.
  2. Manage the monthly reconciliation of pension contributions, ensuring accurate data reporting for all schemes including TPS, LGPS, NEST, and NHS Stakeholder Pension schemes.
  3. Act as the primary contact for employee queries relating to pension schemes, providing expert advice, guidance, and resolution of complex queries.
  4. Perform day-to-day administration of pension schemes, including accurate data input, contributions deductions, and reporting, ensuring compliance with relevant pension legislation and regulations.
  5. Oversee the management of pension-related communications and information flow, ensuring timely updates are provided to employees regarding changes in scheme rules, annual allowances, and HMRC regulations.
  6. Conduct audits and checks on pension processing to ensure accuracy and compliance with statutory requirements; identify and rectify discrepancies promptly.
  7. Provide high-quality, customer-focused support on payroll and pension administration, ensuring all deadlines are met and service standards are maintained.
  8. Develop and maintain strong working relationships with external pension bodies and stakeholders, ensuring effective communication and flow of information.
  9. Keep abreast of legislative changes affecting pensions and proactively advise the Payroll and Pensions Manager on necessary adjustments to service delivery.
  10. Create and produce management reports related to pension data, while collaborating with Financial Services on annual statutory submissions.

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