Finance Payroll Manager
- London
- Permanent
- Full-time
processing all remuneration data in the general ledger on a timely and accurate basis in line
with defined reporting timetables, as well as owning the financial control / governance that
supports this (e.g. reconciliation & audit processes). The role will also involve engaging with
People & Sustainability payroll processing team and being a core contributor to aligning the
payroll processes post the recent implementation of Workday. It will also require you to
manage and mentor the Finance Payroll Analyst.Key Requirements & Areas of Responsibility:
- Requires a minimum of 5 – 10 years global payroll accounting experience and a good
successfully with the payroll processing team. * A strong understanding of share schemes including Share Vesting, SIP,ISIP, SAYE &SUW. You will be required to account for multiple schemes for the business and liaise with
various stakeholders. * Ensure that Finance Payroll Analyst has the knowledge and the skills necessary to performeffectively and expand their responsibilities * Maintain a robust Balance Sheet reconciliation process for all the payroll related accountsensuring that they are continuously reviewed and agreed on a monthly basis and that all
balances are understood and investigated where necessary. * Act as lead contact regarding the Audit of the payroll accounting output and be able tosuccessfully and effectively explain all the movements that have taken place. * Work closely & collaboratively with the current expense managers (and team) to ensurealignment of outputs and synergies where possible. * Ensure dependencies, deliverables and the impact of the payroll teams processes &outputs are fully understood across finance & wider business through effective business
partnering. * Own the delivery of Payroll end-to-end for month & quarter end (fast close) processesDeliver & own control & governance framework in line with requirements
Specific Business Partner Activities. These will include, but are not restricted to, the following: * Act as business partner for payroll data & process issues (incl. Equiniti & SUW)Partner P&S to maximise efficiency / accuracy & enable knowledge sharing across payroll
Ad hoc requests from the businessStrategic Objectives
- Review current Payroll accounting capability and offering. Then help to develop a strategy
and value adding Payroll accounting capability to meet the future requirements of the
organisation (i.e. further develop the expense function of tomorrow) * Own, manage & support the delivery of strategic projects from a payroll perspective (bothActuals & Planning) to ensure they align to group requirements and are compatible with BAU
processes * Own, manage & support the delivery of local expense projects (Payroll related) to ensurethey align to group requirements and are compatible with BAU processes Core
competencies Core competencies in addition to those noted as specific requirements for the
role and which are considered to be pertinent to the Expense team are as follows: * Analytical Thinking: Logical analytical approach to rapidly changing data and situations.Considers wider implications across functions and varying scenarios to Beazley.
Professionalism: Consistently demonstrates integrity, is highly credible, respectful and
trustworthy and represents the expense team in a professional manner. * Builds and maintains successful working relationships and is seen to go the extra mileLearning and development: Identifies strengths and weaknesses and seeks to improve
performance. Recognises and takes responsibility for mistakes and learns from them. * Continually seeks self-development opportunities. Regularly engages in self-assessmentand gives/receives feedback to enhance personal awareness * Adaptability: Effectively manages changing priorities in a dynamic environment. Seekstraining opportunities to understand new working methods. Proves resilient in uncertain and
difficult situations and adapts approach/plans/style as required. * Responsibility and Accountability: Assumes full responsibility for the consequences of ownbehaviour and decisions. Delivers on commitments to clients demonstrating reliability and
dependability. Admits mistakes and takes responsibility for correcting them. * Communicating Effectively: Timely communication of new information to relevant parties.Adapts communication style / form as appropriate to the audience and illustrates an
understanding of their experience and needs. Conveys complex information clearly and
concisely. Persuades through uncovering shared benefits and outcomes, looking for
mutually satisfactory solutions. * Demonstrating Teamwork: Seeks collaboration as appropriate and shares knowledge/bestpractise and helps others when asked. Acknowledges when other members of the team are
under comparatively increased pressure and volunteers to support them while maintaining
responsibility for own tasks. Teaches new team members & coaches others; identifies
opportunities for collaboration (NB: definition of team is extended beyond the expense team
as appropriate). * Innovative approach: Independently finds solutions to advanced problems and identifiespotential barriers to solutions and provides alternatives. Challenges assumptions and “the
way we have always done it”. Embraces change & communicates the benefits of change to
others. Integrity and Control Use business knowledge to identify potential errors with financial impact and take steps to prevent and/or correct such errors, highlighting where necessary to management. * Act as a conduit between the Finance department and other departments in order tomaintain financial data integrity. Produce and maintain procedures documentation for own tasks.GeneralIt is important that within all your interactions both internally and externally you adhere Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley
employees to:
- Comply with Beazley procedures, policies and regulations including the code of conduct.
- Undertake training on Beazley policies and procedures as delivered by your line manager,
via e-learning or the learning management system * Display business ethics that uphold the interests of all our customersComply with any specific responsibilities necessary for your role as outlined by your line
manager, the People & Sustainability or Assurance Teams (Compliance, Risk, Internal
Audit) and ensure you keep up to date with developments in these areas. This may include,
amongst others, Beazley’s underwriting control standards, Beazley’s claims control
standards, other Beazley standards and customer relationship managementPersonal SpecificationWe are a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive working environment. We actively encourage and expect applications from all backgrounds. We empower people to choose where to work given the work they need to do. Collaboration in office spaces is important and you will be required to attend the office at least 2 days per week – you will have the flexibility to decide what works best for you and the role you are in. Beazley will offer the person a competitive salary and discretionary bonus with a strong benefits package including commuting reimbursement, free in-office lunch, excellent parental leave and financial physical and mental wellbeing contributions among others.Relevant qualifications and capabilities are listed as follows:Education and Qualifications▪ Experienced qualified accountant (ACA/ACCA/CIMA)
▪ Experience payroll and remuneration related transactions (e.g. share incentives)
▪ Experience of month end reporting cycles within complex organisationsCapabilities▪ Absolute integrity and discretion of all information available within this role
▪ Customer focus, Stakeholder management & relationship building
▪ Understanding of controls frameworks including documentation
▪ Adaptability & experience of a deadline driven environment
▪ Strong attention to detail & strong written and verbal communication skills
▪ Problem solving, decision making, analytical and conceptual thinking