Payroll, Compensation and Benefits Lead
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Reporting to the Head of Finance on Payroll, and dotted line reporting to the Head of HR & Training for Compensation and Benefits, the site Payroll, Compensation and Benefits Lead will be responsible for leading and supporting the effective functioning of all payroll, compensation and benefits and related areas for Servier (Ireland) Industries.
Areas of responsibility will include, but are not limited to:
Payroll :
- Manage the payroll function and related activities for SII taking into account Company policies and compliance with Revenue legislation.
- Ensure the efficient and effective operation of the payroll function and pursue continuous improvement opportunities.
- Maintain master data records to ensure the accurate and timely processing of the fortnightly payrolls.
- With support from the Head of Finance prepare the site payroll budget and forecasts.
- Payroll KPI reporting and commentary.
- Determine payroll accruals and preparation of the monthly payroll journals. Subsequent variance analysis and provision of commentary.
- Site point of contact for payroll, managing employee queries, liaising with HR on payroll matters, preparing communications and other payroll related topics as required etc.
- Complete statutory filings and reports.
- Perform and support on additional duties and reporting as required e.g. Gender Pay Gap, Pay Transparency reporting etc.
- Manage and lead payroll initiative or changes as required
Compensation & Benefits :
- Management and day to day administration of the company health insurance scheme including, but not limited to:
- Provider point of contact
- Site point of contact including onboarding of new staff on the company benefits program, organization of member communications as required etc.
- Renewals, rebroking, rates negotiation etc.
- Market research and benchmarking on health insurance to advise the Head of HR & Training on best practices and opportunities within the market
- Management and day to day administration of the company pension plan, permanent health insurance and death in service schemes including, but not limited to:
- Provider point of contact
- Site point of contact including onboarding of new staff on the company benefits program, organization of member communications as required etc.
- Renewals, rebroking, rates negotiation etc.
- Preparation of annual benefit statement.
- Payment to provider and reconciliation as needed
- Management and administration of Total Reward Statement
- Implementation, management, administration or offboarding of any compensation & benefits schemes which may be deemed suitable or necessary by the company in the future
- Manage and lead Compensation & Benefits initiatives and changes onsite
- Keeping abreast of any relevant legislation around compensation and benefits
- Liaise with corporate IMCB department as required
- Liaise with HR team on Payroll, Compensation & Benefits topics as appropriate
- Market research and benchmarking on Compensation & Benefits to advise the Head of HR & Training on best practices and opportunities within the market
The successful candidate will be expected to work co-operatively and flexibly both within the Finance & Purchasing department and alongside the HR & Training department and a proven ability to work with all levels of the organisation. The successful candidate will also be expected to demonstrate a flexible and proactive approach, coupled with good problem-solving skills. Excellent communication skills with a collaborative approach to work and a proven respect for confidentiality are also required. Strong attention to detail, refined planning and organisation abilities with a proven track record of multi-tasking and working to tight deadlines. The candidate should have strong IT skills to include Payroll systems. Experience in developing process improvements and leading and delivering change would be beneficial.
Candidates ideally should have a third level qualification in Business Studies, or related discipline along with IPASS and IIPM membership and 5+ years Payroll, Compensation & Benefits experience within a busy, team based, operational environment, ideally in the manufacturing / pharmaceutical industry.
Whatever your area of expertise, your work within the Servier Group helps advance therapeutic progress for the benefit of patients. You will be part of teams recognized for their scientific excellence and reach your full potential in a professional environment that encourages you to develop yourself. Tailor-made onboarding journeys, mobility opportunities, quality trainings, responsible management, team spirit... All this and more in a workplace focused on your well-being.
At Servier, we are committed to therapeutic progress to serve patient needs. We put the diversity of our employees as a source of richness for the fulfillment of this vocation.