Compensation Benefits Analyst

Social network you want to login/join with:A global Japanese trading company is seeking an experienced Compensation and Benefits Analyst to join its London office.Reporting to the CandB Lead, you would be responsible for providing full remit of compensation and benefits advice, and co-ordination and its elected subsidiary companies, (including related taxation, National Insurance issues, year-end- procedures, salary budget, department budget, bonus calculation and pension) to ensure a seamless function is maintained always.The ideal candidate should have strong analytical skills, attention to detail, proficiency in payroll systems, and excellent communication abilities – from a background of managing monthly payrolls.TYPE:
Permanent, full-timeWORKING HOURS:
9:00-17:00 from Monday to FridaySTART:
Applications will be processed from the start of SeptemberLOCATION:
London, (Hybrid – 3 days in the office, 2 days working from home)Compensation and Benefits Analyst Main Responsibilities:To provide a service in connection with payroll/tax, bene?ts, monthly reporting and project workManage payroll processes and related month end activities in SAPAssist employees with compensation and bene?t queriesCollate and upload monthly contributions to Scottish Widows. Issue SAP payments, recharge subsidiary and deal with related queriesPrepare provision of bonus for Accounting DepartmentReconcile year end PAYE and NI for the UK payrolls. Calculate NIC.5 due on bene?ts in kind, issue P11D (b)''s for 6 July deadline and issue payments to HMRCCollate expenses for the PSA, taxable relocation and issue calculation/payment to HMRCComplete annual compensation and benefit surveysPrepare salary budget and department budget. Analyse and track monthly budget progressProvide Global Mobility team with monthly headcount report by cost centreEstablish service agreements with subsidiary companiesCompensation and Benefits Analyst Ideal Candidate:Deep understanding of payroll - to understand what a tax code means, why it has changed, what maternity/paternity pay is, and understands how an employee’s pension worksUnderstanding of company budgeting, for monitoring budget vs actuals for the departmentHighly numerate with a high level of attention to detailExcellent analytical and communication skillsStrong proficiency in Microsoft Word and Excel, including pivot tablesExperience in payroll processes and management of confidential dataUnderstanding of UK tax laws and regulationsExperience working with a payroll software, ideally MoorepayBudget preparation and analysisBusiness level fluency in English** All applicants for the Compensation and Benefits Analyst must have the right to work in the country as the Company is not able to offer visa support.*We regret that we cannot accept applications from Working holiday visa, Graduate or Student visa holders.If your application is successful, you will be contacted within two business days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.
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