Bank Of America UK Payroll Reporting Reconciliation Consultant 

United Kingdom, England, Chester 

859212447

Job Description:

Job Title:UK Payroll Reporting and Reconciliation Consultant

Corporate Title:Assistant Vice President

The Europe and Middle East (EMEA) Payroll Team is responsible for the delivery of pay services across the EMEA region. Reporting to the EMEA Payroll Manager, you will be part of the team ensuring accurate pay service delivery in addition to meeting our tax and legal obligations.You will work closely with the individual pay delivery teams, as well as the Compensation, Benefits, Talent Acquisition, Shared Services, Global Mobility and HR Leadership.

This is a challenging role that requires exceptional communication, organizational and interpersonal skills to effectively solve complex tax and pay related issues and advise key stakeholders. The ability to understand and clearly communicate issues and provide solutions is critical to success, as are flexibility, ability to multi-task, and sold time management skills to ensure multiple deadlines are met. There is a requirement to proactively identify employee and firm level issues and work to mitigate these whilst understanding the wider implications.

Responsibilities:

• Collation, data entry and processing of various payroll related transactions

• Inputting, checking and reconciling the payroll information to achieve accurate, timely and compliant payments to employees, government agencies and third party providers

• Ensuring that all statutory reporting deadlines are met.

• Answering payroll queries from employees and other key stakeholder i.e. HR, Finance etc.

• Updating standard operating procedure (SOP) documents as required.

• Provide back up in the team for other countries as required.

• Performs complex analytics, consulting, and process design tasks to support the successful delivery of payroll

• Evaluates existing processes, technologies, and routines to drive process improvements

• Implement controls to mitigate and manage compliance and operational risk

• Partners with HR program functions on an ongoing basis to ensure processes meet design requirements

Required Skills:

• Experience of running end to end payrolls

• Proven track record of working in Payroll and an understanding of Payroll Finance

• Being able to organise and prioritise the workload and manage multiple tasks / deadlines while maintaining a high standard of accuracy and level of service

• Must be proactive in driving efficiencies and producing new ideas to improve the current processes

• Excellent reporting and data reconciliation skills, including intermediate Excel (Pivot Table, Vlookup)

• Excellent team player with the ability to build effective team relationships and promote an environment of trust and flexibility

• Previous experience of implementing new payroll software desirable

• Previous banking experience desirable but not essential

• Understanding of payroll accounting and finance

• Previous experience or awareness of Workday Payroll not essential but desirable

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements