Title: Assistant Manager - UK&I Payroll
Department: HRSS
Location: Gurugram
Reports To: Senior Manager UK&I Payroll
About Fidelity International
Fidelity International offers investment solutions and services and retirement expertise to more than 2.56 million customers globally. As a privately-held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 locations and with $783.6 billion in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.
Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $567 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures.
Our clients come from all walks of life and so do we. We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more. We are a disability-friendly company and would welcome a conversation with you if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond.
We are committed to being a truly flexible employer, encouraging and trusting our people to perform their role in the way that works best for them, our business, our colleagues and our clients. We offer the maximum possible flexibility over where and when you work for all, considering your role and any local regulations. We call this new approach “dynamic working”.
Find out more about what we do, our history, our new approach of “dynamic working“ and how you could be a part of our future at careers.fidelityinternational.com/about-us.
Our Values
Integrity - Doing the right thing, every time and putting the client first
Trust - Empowering each other to take the initiative and make good decision
Our Behaviours
Our employees should be:
Brave - Challenge the status quo, be accountable and speak up
Bold - Act with conviction, encourage diverse thinking and keep things simple
Curious - Learn to do new things in better ways and encourage fresh thinking
Compassionate - Have empathy, care for colleagues, clients and the community
Department Description
Global HR Shared Services
Purpose of the Role
This role is required to ensure that monthly UK&Ireland payrolls are processed on a timely and accurate manner.
Key Responsibilities
• Process payroll for several legal entities in different countries in UK & Ireland with help from outsourced payroll agent and complete any administrative tasks in conjunction with these payrolls
• Check and validate HR data received via Workday
• Ensure accuracy of calculation of employees pay Gross to Net
• Assist with month end consolidation
• Preparation and reconciliation of monthly Payroll
• Processing various transactions such as Overtime Stand-by payments, P45, P46, P6
• Court Orders (Council Tax, Child Support Agency, Jury Services), Holiday, Pay Rate, Jury Services etc.
• Processing SMP - Maternity pay, SSP – Statutory Sick Pay,SPP – Statutory Paternity Pay and ShPP - Shared Parental pay.
• Overpayment, Taxes-, Full & final settlement of UK Employees Tax year end compliance
• Preparation and reconciliation of payment summaries
• Paying the employees in between through off cycle run, Additional BACS, Manual Payment
• Build expertise in social security, tax matters and benefits for respective countries
• Communication with staff on employee-specific payroll/benefits issues
• Provide Finance department with accrual data, summaries and payment reconciliation and respond to queries
• Provide information and give assistance during internal and external audits
• Participate in project to further automate payroll/benefits processes, write / update work procedures, provide reports, KPI’s
• Support HR Business Partners regarding payroll and benefits related matters
• Work with Global Mobility Team with regards to relocation of international assignees or transferees
• Interaction with HR Service Delivery team, consultation and control of employee database with respect to information for new hires, leavers and other changes
• Interact with different HR Business Partners and work effectively with HR colleagues across the Company to ensure exchange of best practices Act as liaison in answering questions, providing alternatives and facilitating decision making
• Recommend and participate in the development of new procedures and policies related to payroll/benefits operations utilizing knowledge of policies and regulations
• Other Payroll tasks as deemed appropriate and back-up of team members in charge of other countries
• Helping the employees to sort out any queries over the phone or via email
• Ensuring that emails are timely responded as per agreed service metrics
Experience and Qualifications Required
Demonstrated end-to-end payroll processing experience for UK and Ireland