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Finance & Payroll Assistant

Employer not disclosed

E1, Brick Lane, Greater LondonFull-timePermanent£27,000 – £32,000 a year17 days ago
Accounting/Financial/Insurance

Finance & Payroll Assistant Overview Michael Taylor Search & Selection is a growing recruitment business specialising in permanent and contract placements across the construction and built environment sectors. With a rapidly expanding contractor book and strong year-on-year growth, we are looking for a Finance & Payroll Assistant to support our day-to-day financial operations, with a particular focus on contractor payroll, invoicing, credit control and financial administration. This is a hands-on role within a fast-paced recruitment business and offers excellent progression as the company continues to grow. Key Responsibilities * Process and check weekly contractor timesheets using Timesheet Portal. * Validate pay rates, charge rates, hours and margins before payroll and invoicing. * Liaise with outsourced payroll providers to ensure contractors are paid accurately and on time. * Resolve payroll, timesheet and payment queries from contractors, consultants and suppliers. * Maintain accurate contractor records across umbrella, CIS and PSC arrangements. * Generate and review weekly client invoices and self-bill invoices. * Reconcile timesheets, contractor pay and client billing, investigating any discrepancies. * Support credit control, including chasing overdue invoices, monitoring aged debt and resolving client queries. * Assist with cash allocation, reconciliations and weekly/monthly margin checks. * Support month-end processes including revenue reconciliation and contractor pay versus invoice analysis. * Identify and flag margin leakage, incorrect rates or other financial anomalies. * Support new contractor onboarding, including pay setup, client terms, RTW documentation and PSC insurance records. * Maintain accurate financial records and help improve processes and controls as the business grows. Skills & Experience * Previous experience in finance, payroll, accounts administration or a similar role. * Strong attention to detail and confidence working with high volumes of data. * Good Excel skills with the ability to use formulas, lookups and perform reconciliations. * Strong communication and organisational skills with the ability to manage competing priorities. * Recruitment agency, contractor payroll or timesheet-driven business experience would be advantageous. * Experience with umbrella payroll, CIS, PSC workers, Xero or Timesheet Portal would be beneficial. What We Offer This is an excellent opportunity to join a growing recruitment business where you can take ownership of key finance processes and develop your career. Longer-term progression could include Senior Finance Assistant or Finance Analyst, with increasing responsibility for margins, reporting and commercial performance

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