£17,680
Average salary at age 20
£31,720
Average Salary
35
Average hours per week
Description
Book-keepers, payroll managers and wages clerks maintain and balance records of financial transactions, oversee the operation of payroll functions and calculate hours worked, wages due and other relevant contributions and deductions.Main Tasks
- Records and checks accuracy of daily financial transactions;
- Prepares provisional balances and reconciles these with appropriate accounts;
- Supervises payroll team and develops payroll systems and procedures;
- Calculates and records hours worked, wages due, deductions and voluntary contributions;
- Processes holiday, sick and maternity pay and travel and subsistence expenses;
- Compiles schedules and distributes or arranges distribution of wages and salaries;
- Calculates costs and overheads and prepares analyses for management.
Qualifications
There are no minimum academic requirements, although entrants typically possess GCSEs/S grades or equivalent qualifications, and maths may be required. Training is typically provided on-the-job. NVQs/SVQs in relevant areas are available, and apprenticeships may be available in some areas.What Book-keepers, payroll managers and wages clerks studied in higher education
| Occupation | Percentage Value |
|---|---|
| (L7) Human & social geography | 1 |
| (G1) Mathematics | 6 |
| (W2) Design studies | 1 |
| (L3) Sociology | 2 |
| (C1) Biology | 1 |
| (C8) Psychology | 3 |
| (F7) Science of aquatic & terrestrial environments | 1 |
| (W3) Music | 1 |
| (F8) Physical geographical sciences | 1 |
| (Q3) English studies | 2 |
| (L2) Politics | 1 |
| (N5) Marketing | 1 |
| (M1) Law by area | 2 |
| (M2) Law by topic | 1 |
| (I2) Information systems | 1 |
| (N8) Hospitality, leisure, sport, tourism & transport | 2 |
| (P5) Journalism | 1 |
| (N6) Human resource management | 1 |
| (F3) Physics | 1 |
| (L1) Economics | 5 |
| (N1) Business studies | 12 |
| (N4) Accounting | 27 |
| (C6) Sport & exercise science | 1 |
| (P3) Media studies | 1 |
| (N2) Management studies | 3 |
| (V1) History by period | 3 |
| (N3) Finance | 10 |
| (I1) Computer science | 1 |
UK Prospects
484600
Workforce Size
2.35%
Predicted decline 2024 - 2027
50068
Predicted Replacement 2024 - 2027
Related Job Vacancies
Related Apprenticeships
Related Courses
