Payroll Accountant
Samsung, United Kingdom
Job Description
Position Summary
Accurate processing and reporting of Samsung Electronics UK Ltd’s UK, Irish and Dutch payroll accounting.
Accurate accounting of the wide range of flexible beneifts.
Supporting our senior international employees with 3rd party payments.
Role and Responsibilities
UK (Local & Expatriate), Irish & Dutch Payroll
Preparation, reconciliation and processing of monthly payroll GL files for the various divisions within the company.
Accounting & reconciliation of monthly GPP and DB Pension payments.
Accounting & reconciliation of monthly Charity, Childcare, ISA, PAYE & AEO payments.
Accounting of monthly Payroll deductions (Salary advances, Lunch deductions, Expenses, etc.)
Accounting of annual Class 1A & PSA payments.
Accounting & reconciliation of quarterly recharged overseas expatriate income.
Accounting of Long Term Sickness benefit payments from 3rd party insurance companies.
Process and control all UK and Irish payroll related accruals.
Reconciliation of Payroll Control account.
Balance sheet reconciliations of all payroll related accounts.
Reconciliation of travel loan payroll deductions against employee loan agreements.
Accounting of employee award vouchers.
Flexible Benefits
Accounting of employee flexible benefits:
Accounting of core benefits to relevant P&L’s and cost centres.
Management and clear down of flexible benefit invoices against payroll deductions.
Work closely with the HR Reward team to resolve and clear any accounting discrepancies.
Prepare and post accruals for core benefits.
Job Specification
Expatriate Expenses
Payment and accounting of expat property rents in accordance with each rental agreement.
Accounting of expat rental property deposits and dilapidations costs.
Payment and accounting of expat school fees in accordance with each school’s terms and conditions.
Payment and accounting of expat council tax bills/refunds in accordance with each council's terms and conditions.
Prepare and manage reporting requirements of processed expat expenses for HQ, CFO and Payroll Manager.
Other
Support Payroll Manager with the monthly forecasting of payroll costs.
Maintain and update procedures for all payroll accounting duties.
Ownership of payroll accounting related audit requirements.
Preparation of ad hoc analysis & reporting where necessary.
Support the wider finance team as and when required.