Bonus Administrator And Payroll Reporting
CurrentI worked with HR and Payroll to collate, validate and calculate all performance metrics for completion of bonus schemes, ensuring performance goals for the business are achieved.I delivered year on year improved service delivery against challenging targets to meet business needsI was the finance lead in the improvement change requirements, seeking ways to do things more efficiently. I reviewed all bonus output with Finance and Operations Directors and provided explanation of bonus results to wider employee group and dealing with all subsequent queries necessary to ensure complete understanding resulting in improved productivity and performance. I implemented all incentive payments resulting in all employees being rewarded in a timely manner.I setup and tested new payroll nominals/cost centres necessary to deliver improved payroll reporting, greater departmental accountability and better labour utilisation.I had complete autonomy for month end payroll close, which included calculating and processing of accruals/ journal postings, month end reporting and year-end audit with variances, comparatives and commentary, challenging operational departments resulting in focused decision making. I assisted the Finance Manager with preparing the annual payroll budgets covering multiple manufacturing sites for circa 1300 employees, utilising my experience of actual cost detail to ensure completeness of budgets.I implemented and continued the operation of payroll KPI’s, resulting in timely management of a key cost driver and implementation of necessary changes.I reconciled payroll costs, dealing with all payroll related audit queries, ensuring accurate reporting of cost.I acted as part of project team for two major payroll implementations of Megapay and SAP. This role included full validation of pay elements to ensure complete and accurate reporting within the FICO modules.IT packages: SAP, Coda Financials, AS400, Microsoft word, excel and power point.