Pension Administration and Payroll Manager – Representative Church Body
Closing date: 12/07/2024
The role will manage pension administration and payroll for the RCB. The Pension Administration and Payroll Manager is a key role within the organisation and interacts with Clergy including Archbishops & Bishops, Diocesan Secretaries,
Pensioners and surviving spouses and dependents throughout the Church of Ireland. The Pension Administration and Payroll Manager will report directly to the Head of Finance and will be part of the wider Finance and IT Department. The role is located at the RCB offices in Church of Ireland House, Rathmines, Dublin 6.
The RCB is the registered administrator for the Clergy Pension Fund which is a cross–border defined benefit pension scheme,
which closed to future accruals and new members in May 2013. The Pension Administration team provides defined benefit pension administration support to over one thousand active, deferred and retired members of the Clergy. The team are customer focused and required to meet statutory and pension regulations.
Pension Administration is also central in supporting the Clergy Defined Contribution Pension Schemes – Republic of Ireland Section and Northern Ireland Section – with the registered administrators Zurich Ireland and Scottish Widows and providing enhanced member experience.
These schemes are transitioning to Master Trust arrangements during 2024.
The RCB provides a central payroll function for the payment of over 1,000 serving clergy, retired clergy pensioners and staff in both Ireland and the UK and supports the Dioceses of the Church of Ireland with payroll administration and reporting along with the tracking and management of funding from the Dioceses to support stipend payments.
The Pension Administration and Payroll Manager will support various Church committees which will include the Stipends Committee, the Clergy Pension Fund Trustee DAC, the Church of Ireland Clergy Pension Board and from time to time the RB Executive Committee.
One of the core responsibilities of the role is to enhance Clergy’s experience in all aspects of pension administration and payroll services provided through the RCB.
Reporting
The role will report to the Head of Finance.
Responsibilities can be split under various headings which include:
Management & Leadership
Management, leadership and development of the pension
administration and payroll teams
Scheduling, priorities, delegating and managing
the various work flows in a timely manner
Day to day staff management
Development of the teams and personal development
training plans
Being an integral part of the internal finance
management team (Pension Administration & Payroll Manager, IT Manager,
Accounts Manager & Investment Administration Manager)
Payroll
- Managing the monthly payroll processes in Ireland
and the UK
- Meeting payment and reporting deadlines for the
processing of all payrolls
- Close out of all payroll reporting within 5
working days of month end
- Compliance with relevant revenue (RC & HMRC) payment
& reporting requirements
- Managing grant payment process and working
closely with the trust manager
- Preparation of payroll reports for the General
Synod and Book of Reports
- Working closely with Diocesan Secretaries on
payroll related matters
- Supporting Stipends Committee with annual reviews
of MAS, Locomotory & Office allowances and other such work as required
Pension Administration
- Managing day to day pension administration for
the CPF in Ireland and the UK (see detailed process of various elements
which make up pension administration)
- Preparing CPF triannual reports and annual
reports as required to allow actuarial reports be completed
- Development of an annual work flow calendar to
schedule CPF tasks
- Managing statutory reporting requirements for the
Clergy Pension Fund which will include but not be limited to annual
benefit statements and leaving service options statements
- Calculation, reconciliation and reporting of
Diocesan levies to support the Clergy Pension Fund levy
- Preparation of the Clergy Pension Fund annual
financial statements and dealing with audit
- Preparation of pension reports for the General Synod
and Book of Reports
- Attendance at the Clergy DC ROI & NI Trustee
meetings in respect of relevant areas
- Management of the monthly pension contributions for Clergy
DC ROI and NI schemes
- Supporting the annual audit of the Clergy DC
Pension Scheme audits
- Monitor and update live pension listing /
workflow system to ensure that all work can be tracked effectively and managed within an acceptable timeframe
- Reporting of key performance indicators for pension administration service levels
- IORP II compliance & implementation
- Development of Risk Management processes in line with IORP II requirements
- Supporting pension related committees
- Dealing with day to day pension queries
Compliance
- Keeping up to date with relevant changes in
taxation legislation which impact pension benefits and payroll payments
- Keeping up to date with relevant pension
legislation
- Keeping up to date with relevant payroll
legislation
- Annual review of pension administration processes – compliance health check
- Annual review of payroll processes –
compliance health check
- IORP II compliance
Group Risk – Death in Service
- The annual renewal of risk benefits for death in service and any necessary interaction with the relevant providers
- Management of Clergy death in service claims
Systems
- Managing the maintenance of the RL pension
& payroll database
- Development projects as required for Pension Administration and Payroll
- Supporting with necessary finance wide system projects such as Agresso upgrades and the transition to SORP Charities reporting
Other
- Such other additional duties as may be assigned from time to time
- Supporting various committees
The list of duties and responsibilities outlined above is not intended to be comprehensive but is provided to give potential applicants a broad overview of the scope of the role.
Training & Development
The role will require to keep up to date with relevant pension and taxation legislation.
It will be necessary to annually complete continuous professional development in pension administration and payroll. Particular training focus will be placed on knowledge of Irish and UK pension administration, payroll & taxation rules and IORP II directive.
What you will need to have
- Qualified Accountant
with a minimum of 10 years post qualification experience
- Other qualification in
pension administration would be an advantage
- Excellent management
and organisational skills
- Strong interpersonal skills
and excellent people management skills
- Effective
communication skills both written and verbal
- Knowledge of the
Church of Ireland and its structures would be an advantage
- Strong knowledge of
pension administration and payroll
- Knowledge of Resource
Link Payroll and Pension Database would be an advantage
- Ability to read legal
documents, draft bills & legislation would be a distinct advantage
- Ability to problem
solve
- High level of
accuracy/attention to detail
- Strong analytical
skills
- Ability to provide a
high level of customer service and effectively track performance
- Ability to work with
Microsoft Excel to at least intermediate standard; previous working
experience of Microsoft Excel formulae, pivot tables and V look–ups
required
TO APPLY
Send an up–to–date copy of your CV to recruit@rcbcoi.org by 5.00pm on 12th July 2024.