Pension & Payroll Administrator

Pension & Payroll Administrator | Corporate Services | Gibraltar | £Salary DOEk| Office based

Pension & Payroll Administrator required for an established Corporate Services company based in Gibraltar. The successful applicant will be involved in the day-to-day administration of the pension scheme, making sure that new and existing customers' policies are accurately maintained and serviced. The Pension & Payroll Administrator will also run all aspects of client payrolls from initiation to final checks. Ideally you will have used Viewpoint and Winpay or a similar payroll package. Strong Excel and Outlook skills are also required.

What's on offer to you?

• Genuine career progression
• Generous holidays plus Gibraltar days
• Employee centric office environment

What You Will Be Doing

• Collating and processing new member records on the pension scheme database.
• Validating new member information and completing KYC and due diligence.
• Update computerised member records to maintain accuracy including actioning updates for benefit statements, pension increases, scheme valuations.
• Monitoring contributions, maintaining trustee bank accounts, and investing with fund managers.
• Accurately calculating pension forecasts, statements and processing retirement /death benefits including lump sums and pension pay outs.
• Liaising with external third parties such as Income Tax Office (ITO), accountants and fund managers.
• Providing relevant parties with information on request such as fund values, estimated benefits and various data extracts.
• Work to agreed policies and procedures to enable administration of the pension scheme to run efficiently, effectively, and profitably.
• Ensuring compliance with legal, regulatory, ethical, and social requirements.
• Processing payroll by established deadlines.
• Issuing and reconciling statements of earnings and deductions.
• Investigating and correcting payroll discrepancies and errors.
• Maintaining comprehensive payroll records including pension joiners, loan payments, working hours changes, leave, and salary increases.
• Processing new employees, terminations, transfers, and promotions.
• Preparing and printing all payroll reports including PAYE tax and social insurance.
• Addressing employee's pay-related concerns.
• Completing requests for pay-related documents, statements and verifications.
• Complete year end payroll processes.
• Producing ITO payments.

What You Will Need to Succeed In This Role

• Sound intellectual evidenced by a strong academic background to graduate level or equivalent combination of education, training, and experience.
• Knowledge and experience of Pensions Administration/QROPS and applicable Pensions and Tax laws and regulations in Gibraltar and/or other jurisdictions.
• Knowledge and experience of Payroll Administration and applicable laws and regulations in Gibraltar.
• Ability and confidence to work independently.
• Excellent knowledge of MS Office suite - Excel and Outlook essential.
• Experience of Viewpoint system or equivalent would be an advantage.
• Experience of computerised payroll packages would be an advantage.
• Highly numerate and able to perform complex calculations, and the ability to peer review other calculations to a high standard of accuracy.
• Excellent written, verbal communication skills - especially important to build and maintain relationships with current/new clients and manage relationships with IFA's.
• Strong analytical and problem-solving skills.
• Client orientated with the ability to handle highly confidential information.

Keywords: Pension Administrator| Payroll Administrator | Legal | Gibraltar | QROPS | Payroll Packages | Tax and Social Insurance