Payroll Specialist – Project Focus – 3 MFTC

4 days ago

Surry Hills, New South Wales, Australia Police Bank Ltd. Full time $90,000 - $120,000 per year

About Us

Police Bank is one of Australia's fastest growing Mutual Banks. We are a progressive, purpose driven financial institution, and we pride ourselves on offering a competitive range of financial products and services, all of which have been created with the needs of our members at front of mind.

About the Role

As the internal point of contact for payroll remediation, you will collaborate closely with an external payroll remediation provider to investigate, analyse, and resolve payroll discrepancies. This role will focus on reviewing payroll data, extracting and analysing historical payroll reports and artefacts related to remediation to implement corrective actions.

Throughout this retrospective remediation project, you will ensure employees are accurately and fairly remediated in full compliance with legislative requirements and the Police Bank Enterprise Agreement.

Responsibilities

Payroll Remediation

  • Conduct detailed analysis of historical data to identify and quantify incorrect payments of wages and other entitlements.
  • Validate employee classifications, pay rates, and entitlements against awards, enterprise agreements, and employment contracts.
  • Prepare and maintain documentation to support remediation outcomes and decisions.
  • Work collaboratively with Finance to process adjustments, repayments, or reimbursements.

Compliance & Governance

  • Ensure all remediation activities comply with the Fair Work Act, the Banking, Finance & Insurance Award, and Police Bank company policies.
  • Support external audits, Fair Work reviews, or internal investigations related to payroll accuracy.
  • Maintain strict confidentiality of employee payroll information and remediation findings.

Systems & Process Improvement

  • Recommend process improvements to prevent recurrence of errors.

Reporting & Stakeholder Engagement

  • Communicate remediation outcomes to affected employees in a clear, empathetic, and transparent manner.

About you

  • Previous experience in payroll processing, payroll analysis, or remediation projects is a must
  • Experience in banking and/or financial services
  • Experience in payroll remediation projects.
  • Qualification in Payroll, Accounting, or HR (e.g., Diploma of Payroll Management, CPA/CA).
  • In-depth knowledge of Australian payroll legislation, Fair Work Act, awards and enterprise agreements
  • Excellent written and verbal communication skills
  • Strong analytical and reconciliation skills with high attention to detail
  • Advanced Excel and data analysis skills (pivot tables, VLOOKUP, formulas)
  • Proven ability to interpret complex pay rules and apply them accurately

Police Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, gender identity or expression, sexual orientation, age, marital or disability status. This role is open to Australian and New Zealand Citizens and permanent residents only.

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