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Apply Now! Lead Analyst - UK Payroll

Apply Now! Lead Analyst - UK Payroll

TravelexIndia
6 hours ago
Job description

Job Description

Key Purpose of Job (UK Payroll & Benefits Administration & Compliance Analyst) :

  • To be responsible for the provision of an efficient and effective UK payroll & benefits service ensuring service users are provided with accurate information at all times.
  • Deal with employee’s queries and questions within the agreed Service Level Agreement.
  • To maintain and input payroll & benefits information in a precise and accurate manner
  • To ensure that as part of a team an effective payroll & benefits service is provided to all Travelex employees within UK.
  • To maintain an effective working relationship with HR, Finance, Internal Audit, External Audit, internal and external customers in all areas.

Job Role

  • Responsible for processing end to end payroll & benefits for all UK colleagues with 100% accuracy.
  • 100% adherence to payroll & benefits timelines. Should make sure process all the related activities mentioned on the payroll & benefits checklist and look for improvement as and when required.
  • Process all Starters, Leavers, miscellaneous changes, transfers, and other amendments to employees pay data in compliance with policy and payroll requirements.
  • Deal with employee’s queries and questions within the agreed Service Level Agreement.
  • The input / calculation / recording and validation of UK Sick pay, Maternity, Paternity. Adoption and Shared Parental Leave and payments for both statutory and occupational payments.
  • Understanding of different absence policies available to employees.
  • Processing attachment of order deduction.
  • Reconciliation of the whole payroll processed and gross to net checks of payment.
  • Checks and working on tax, national insurance, pension and student loan deduction and payments to HMRC.
  • Call to HMRC to resolve PAYE queries and issues.
  • Handled post payroll activities of CHAPS payments, FPS, EPS submissions to HMRC and Issuing P45 to colleagues.
  • Oversee and maintain the integrity of payroll & benefits data within the HRIS and external vendor platforms, ensuring accurate system configuration and interface feeds.
  • Act as a key liaison with UK benefit providers, pension administrators to manage relationships, negotiate renewals, and monitor performance against KPIs and service level agreements (SLAs).
  • Ensure all UK benefits programs, policies, and communications comply with relevant legislation, including Pensions Auto-Enrolment, HMRC reporting (P11D / tax implications), data protection (GDPR), and statutory requirements.
  • Lead and manage the end-to-end annual benefits renewal and Open Enrollment processes, including system testing, drafting communications, and running data audits.
  • Develop and update engaging, clear communications, materials, and presentations (digital and in-person) to educate employees on their benefits, plan changes, and new offerings.
  • Ensure smooth benefits administration for new joiners, leavers, and during life events.
  • Updating all SOP on a Yearly basis or as and when there is change in process.
  • Covering all annual payroll & benefits activities, i.e., Year End and New Year Compliance, Issuing P60, P11D submission, etc.
  • Have a full understanding of the Audit Process and ensure all audit reports are complete ready for review in a timely manner.

    • Qualification

    Bachelor’s Degree in any discipline

    Desired Profile

  • Minimum of 4+ years of dedicated experience in UK Em Payroll and Employee Benefits administration, analysis, and management. (Working with Workday will be an added advantage)
  • In-depth, proven knowledge of the UK Payroll and / or benefits landscape, including workplace pensions (Defined Contribution schemes) and UK tax treatment of employee pay & benefits.
  • Advanced proficiency in Microsoft Excel (e.g., VLOOKUPs, Pivot Tables, complex formulas) and experience working with large datasets and HRIS / Benefits systems (e.g., Workday).
  • Strong understanding of UK statutory regulations and compliance requirements (e.g., Payroll laws, Auto-Enrolment, HMRC reporting, PAYE implications).
  • Exceptional attention to detail, strong organisational skills, and excellent written and verbal communication abilities for liaising with employees, vendors, and senior management.
  • Proven ability to form strong customer relationships, an understanding of customer focus and service delivery.
  • Ability to deliver results in a fast-paced environment
  • Enjoy working independently and part of a team.
  • Stakeholder Management
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