Uk Payroll Executive

Responsibilities

• Process end-to-end payroll for UK employees accurately and within defined timelines.
• Verify payroll inputs including new joiners, leavers, salary revisions, bonus calculations, overtime, and deductions.
• Prepare and validate bonus workings (quarterly/annual) in coordination with HR and management.
• Manage employee reimbursements, validate claims, and ensure timely processing through payroll or accounts payable.
• Ensure compliance with UK and US payroll legislation and statutory requirements.
• Calculate taxes, social security contributions, pensions, and other statutory deductions.

Treasury & Banking Responsibilities

• Liaise with banks for payroll funding, payment processing, and issue resolution.
• Manage payroll-related bank transactions and ensure timely salary disbursements.
• Coordinate with banks/intermediary banks on payment delays, rejections, and trace requests.
• Monitor bank accounts to ensure sufficient funds availability for payroll processing.
• Handle payment confirmations, track transfers, and ensure funds are credited to beneficiary accounts.
• Work closely with treasury team on cash flow planning related to payroll.
• Support in resolving banking discrepancies and payment-related queries.

Reconciliation & Accounting

• Perform bank reconciliations for payroll accounts and investigate discrepancies.
• Reconcile payroll reports with the General Ledger and resolve variances.
• Prepare payroll journals, variance analysis, and monthly payroll reconciliations in Xero or similarsystems.
• Assist in month-end and year-end close processes related to payroll and treasury.

Coordination & Compliance

• Coordinate with HR, Finance, Treasury, and external payroll providers.
• Handle employee payroll queries related to salary, tax deductions, benefits, bonuses, and reimbursements.
• Maintain payroll records ensuring strict confidentiality.
• Support payroll audits and statutory reporting requirements.

Required Skills

• Hands-on experience in UK payroll processing.
• Strong understanding of payroll legislation and statutory compliance.
• Experience in bank liaisoning, treasury operations, and payment handling.
• Strong knowledge of bonus processing and employee reimbursement workflows.
• Advanced Excel skills (VLOOKUP, XLOOKUP, Pivot Tables, IF, SUMIF, data validation,basic macros preferred).
• Knowledge of bank reconciliation, payroll accounting, and General Ledger processes.
• Experience working with Xero or similar accounting software.
• Excellent communication and stakeholder management skills.
• High attention to detail and accuracy.