Finance Revenue

Payroll Manager Job Career Profile

Payroll Managers or supervisors manage the routine daily work of a payroll section. Duties and responsibilities include staff training, briefing the team on company policy and legal requirements, calculating and issuing pay by cash, cheque or electronic transfer, ensuring tax and national insurance payments are deducted correctly, calculating overtime and shift payments, and implementing pay increases. They also process and record holiday, sick and maternity pay, expenses, and liaise with personnel departments to issue P45 forms and pay staff who are leaving.

Payroll Managers also help to create payroll policies and procedures, advise management about legislation, ensure that computer software and systems are efficient and up to date, and interpret and present financial data.

To be a payroll supervisor or payroll manager you should:

be numerate

have supervisory skills

be able to deal with complex legislation

be a clear and logical thinker

have good IT skills

be a good communicator

be able to work in a team

be able to work to deadlines

be well-organised and pay attention to detail.

 The usual method of entry is to start work as a trainee, helping more experienced staff and doing routine clerical and computer work. There is a clearly defined system of qualifications to help you progress to payroll administrator, and then to payroll supervisor and payroll manager.

There are no minimum entry requirements but most employers would look for some GCSEs (A-C)/S grades (1-3), particularly in English and maths.

Those from a related background like bookkeeping or accounts may find their experience useful. The Institute of Payroll and Pensions Management (IPPM) Foundation in Payroll Administration is a useful qualification to acquire.

Training is given while in post. There may be the opportunity to study for relevant qualifications. These include:

NVQ/SVQs in Payroll Administration at Levels 2 and 3. Successful completion of both levels gives automatic affiliation to the Association of Accounting Technicians (AAT).

The Institute of Payroll and Pensions Management (IPPM) offers the Foundation in Payroll Administration, the Payroll Team Management Certificate, and the Diploma in Payroll Management.

The IPPM and the University of Derby offer an MSc in Payroll Management.

There is usually a clearly-defined promotion structure from payroll supervisor to payroll manager.

The starting salary for a Payroll Supervisor begins at around £13,000.
With more experience, earnings reach around £17,500.
A payroll manager can earn up to £30,000. 

For further information about on a career profile including contact details look at finance jobs career library at www.JustAccountancyJobs.com