Finance Manager

Description:

Position : Finance Manager

Location : Parkmore, Sandton
Department : Finance
Reports To : Finance Director
Direct Reports : 2 Payroll Juniors, Accounts Assistants

Job Purpose

We are seeking a highly skilled and experienced Finance Manager with a strong background in payroll, ideally with experience managing a large-scale payroll operation. The Finance Manager will be responsible for overseeing the payroll function, ensuring the accurate and timely processing of weekly payroll for a significant number of candidates. This role also involves managing a small team of payroll juniors and accounts assistants, whilst ensuring compliance with all payroll-related regulations and internal financial procedures.

The ideal candidate will have extensive experience in UK payroll and possess strong leadership skills, with the ability to manage both finance and payroll operations efficiently.

Key Responsibilities

• Oversee and manage the payroll function, ensuring accurate and timely weekly payroll processing for a large number of candidates.
• Supervise and mentor 2 payroll juniors, providing training, guidance, and support in payroll processing and issue resolution.
• Manage and support accounts assistants in daily financial tasks and processes.
• Ensure full compliance with UK payroll legislation and tax regulations.
• Conduct regular audits to ensure payroll accuracy, data integrity, and adherence to internal policies.
• Liaise with external vendors and agencies to resolve payroll-related issues and maintain smooth operations.
• Process and approve employee benefits, pensions, and bonuses within the payroll system.
• Coordinate closely with the HR department to ensure payroll data is current, including new starters, leavers, and salary adjustments.
• Produce accurate payroll reports and provide regular updates to senior management.
• Contribute to month-end and year-end financial reporting, ensuring accurate recording of payroll expenses and tax obligations.
• Implement and improve payroll systems, processes, and controls for greater efficiency.
• Manage payroll reconciliations and ensure timely payment of taxes and statutory contributions.

Key Requirements

• Minimum of 5 years’ experience in payroll management, with at least 2 years in a supervisory or managerial role.
• Extensive knowledge of UK payroll, including a thorough understanding of UK payroll laws, tax obligations, and statutory benefits.
• Strong experience as a Finance Manager, with the ability to oversee both payroll and wider finance functions.
• Proven leadership experience with a demonstrated ability to manage and develop a team.
• Track record of managing large weekly payroll operations effectively.
• Experience with Merit software or similar payroll management systems is advantageous.

Personal Attributes

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and organisational skills.
• Effective communication and interpersonal skills.
• Team-oriented with a collaborative approach to leadership and problem-solving.

Requirements:

• Oversee and manage the payroll function, ensuring accurate and timely weekly payroll processing for a large number of candidates.
• Supervise and mentor 2 payroll juniors, providing training, guidance, and support in payroll processing and issue resolution.
• Manage and support accounts assistants in daily financial tasks and processes.
• Ensure full compliance with UK payroll legislation and tax regulations.
• Conduct regular audits to ensure payroll accuracy, data integrity, and adherence to internal policies.
• Liaise with external vendors and agencies to resolve payroll-related issues and maintain smooth operations.
• Process and approve employee benefits, pensions, and bonuses within the payroll system.
• Coordinate closely with the HR department to ensure payroll data is current, including new starters, leavers, and salary adjustments.
• Produce accurate payroll reports and provide regular updates to senior management.
• Contribute to month-end and year-end financial reporting, ensuring accurate recording of payroll expenses and tax obligations.
• Implement and improve payroll systems, processes, and controls for greater efficiency.
• Manage payroll reconciliations and ensure timely payment of taxes and statutory contributions.

• Minimum of 5 years’ experience in payroll management, with at least 2 years in a supervisory or managerial role.
• Extensive knowledge of UK payroll, including a thorough understanding of UK payroll laws, tax obligations, and statutory benefits.
• Strong experience as a Finance Manager, with the ability to oversee both payroll and wider finance functions.
• Proven leadership experience with a demonstrated ability to manage and develop a team.
• Track record of managing large weekly payroll operations effectively.
• Experience with Merit software or similar payroll management systems is advantageous.

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and organisational skills.
• Effective communication and interpersonal skills.
• Team-oriented with a collaborative approach to leadership and problem-solving.