Overview

A global Japanese trading company is seeking an experienced Compensation and Benefits Analyst to join its London office. Reporting to the C&B Lead, you will be responsible for providing the full remit of compensation and benefits advice and coordination across its 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.

Responsibilities

• Provide a service in connection with payroll/tax, benefits, monthly reporting and project work.
• Manage payroll processes and related month-end activities in SAP.
• Assist employees with compensation and benefits queries.
• Collate and upload monthly contributions to Scottish Widows. Issue SAP payments, recharge subsidiaries and deal with related queries.
• Prepare provision of bonus for Accounting Department.
• Reconcile year-end PAYE and NI for the UK payrolls. Calculate NIC5 due on benefits in kind, issue P11D(b)s for the 6 July deadline and issue payments to HMRC.
• Collate expenses for the PSA, taxable relocation and issue calculations/payments to HMRC.
• Complete annual compensation and benefit surveys.
• Prepare salary budget and department budget. Analyse and track monthly budget progress.
• Provide Global Mobility team with monthly headcount report by cost centre.
• Establish service agreements with subsidiary companies.

Ideal Candidate / Qualifications

• Deep understanding of payroll — to understand what a tax code means, why it has changed, what maternity/paternity pay is, and how an employee’s pension works.
• Understanding of company budgeting, for monitoring budget vs actuals for the department.
• Highly numerate with a high level of attention to detail.
• Excellent analytical and communication skills.
• Strong proficiency in Microsoft Word and Excel, including pivot tables.
• Experience in payroll processes and management of confidential data.
• Understanding of UK tax laws and regulations.
• Experience working with payroll software, ideally Moorepay.
• Budget preparation and analysis.
• Business-level fluency in English.

Details

• TYPE: Permanent, full-time
• WORKING HOURS: 9:00-17:00, Monday to Friday
• START: Applications will be processed from the start of September
• LOCATION: London, Hybrid – 3 days in the office, 2 days working from home
• SENIORITY LEVEL: Associate
• EMPLOYMENT TYPE: Full-time
• JOB FUNCTION: Administrative and Accounting/Auditing
• INDUSTRIES: International Trade and Development

Note: All applicants must have the right to work in the country as the company is not able to offer visa sponsorship. We cannot accept applications from Working Holiday visa, Graduate or Student visa holders.