Payroll and Finance Co-ordinator

Payroll and Finance Co-ordinator - Permanent Contract£35,000 per annum, 37.50 hrs per weekKnightsbridge, LondonAbout KYNKYN is a highly capitalised portfolio company of Melford Capital, a private equity/ value investing hedge fund in the property sector, with a portfolio consisting of property (retail parks, warehouses, WeWork style offices) and property rich (hotels, student accommodation and care homes) investments.We are a brand-new care home company focused on offering an elevated approach to care: Individualised journeys built around the needs and interests of our residents in beautiful surroundings with life-enriching practices.We are looking for Payroll and Finance Co-ordinator at KYN you will be responsible for the payroll cycle for all of our Homes and Head Office, as well as working with our finance team on operational finance. You will ensure that all our team members payments and queries are managed accurately and effectively so that they can focus on our residents and their family members feeling loved, happy, safe, and secure.You will be part of the Finance team and will work very closely with the People & Culture team, you will be the payroll subject matter expert and will provide front line support.About the opportunity:As Payroll & Finance Co-ordinator you will be responsible for:Accurately managing the in-house monthly payroll for all employees and staff, including payments of overtime, bonuses, processing staff deductions, calculating statutory payments, adding new starters, terminating leavers, making salary adjustments, and generating P45s, P60s and P11Ds as requiredEnsuring the effective and timely administration of all company benefits e.g. Pension contributions, Private Medical InsuranceLiaising with the People & Culture team and Home Administrators for information on any payroll changesBeing the first point of contact for employee queries. Ensuring all queries and discrepancies are analysed, investigated, and resolved in a timely mannerPro-actively track and identify trends for monthly Payroll management reporting. Identify and escalate any risks or issues and implement steps to mitigate theseResponsible for project managing and leading the delivery of annual Payroll events e.g., salary reviews. Performing the payroll year end tasks and P11d's for employees and checking submission to HMRCPro-actively keep up to date with any legislative changes that may impact Payroll and Reward & Benefits. Identify risks, and make changes as requiredLead the full lifecycle of payroll system migration from Frontier to MHR People First, including configuration, testing, parallel runs and go-live supportManaging of the time and attendance system (called Allocate) together with the Home Administrators, ensuring accuracy and recording of data for payrollProviding and reconciling all monthly system and Excel payroll reporting to BACS payments, HMRC, accounting journals and employeesPreparing payroll journals on a monthly basis, and working with financial accountants to ensure accuracy of accountsWorking with the financial controller and the finance team across monthly reporting cyclesEnsure compliance with relevant legislation, data protection standards, and internal policies throughout the implementation processProviding data for KPI data for reporting purposesTo undertake project work and other tasks as required by the Chief Financial Officer or Financial ControllerAbout you:You will have strong in-house payroll experience, with a minimum 2 years in a payroll focused positionYou will have experience of a multi-site operation within care or a similar industry where shift patterns are workedProven track record of successfully implementing or migrating payroll systemsFlexible approach to working, ideally with Strong understanding of payroll processes, legislation, and reporting requirementsExperience working with payroll and accounting software. Any experience with software such as Frontier, MHR People First, Allocate or Xero an additional benefitStrong analytical and problem-solving abilities, particularly in data migration and system integrationYou will be organised with strong communication and influencing skills, an approachable manner, an eye for detail and the ability plan and prioritise and work to tight deadlines. You will have the ability to work under pressure, flexibly and consistentlyYou will be a friendly, compassionate, kind, and caring individualYou will have good Excel skills, including advanced formulas and data manipulationYou will have sound knowledge of current payroll and pension legislationCIPP or equivalent qualification is desirableOur commitment to you:Competitive salary and benefit25 days annual leave plus bank holidaysBespoke company induction and on-going training programmes at all levelsAccess to the best-in-class equipment and technologyAnnual bonus (discretionary and scheme rules apply)Employee assistance programme and other attractive wellbeing benefitsDiscount schemesCompany contributory pension schemeAnd much more..... To find out more about KYN, our teams and values please visit www.kyn.co.uk/careersKYN is an equal opportunities employer.To be considered for this role you will have to provide proof of right to work in the UK and consent to an enhanced DBS check.To view our Privacy Policy, please visit https://www.kyn.co.uk/privacy-notice1