Virtual Accounts and Taxes Ltd

Virtual Accounts & Taxes Ltd (VA&T) are based in Worsley, Manchester. 

We are an accounting practice offering a fully comprehensive bookkeeping and accountancy service to Individuals, the Self-Employed, Partnerships and small Limited Companies.

Managing Director

VATs Payroll Team

Director

UKFast

•	Main duties (BAU):
o	Sole responsibility for end-to-end processing of 5 different payrolls using Sage 50 and Xero Payroll
o	Responsible for auto-enrolment processes and managing pension contribution uploads and payments to 2 different pension providers.
o	Supporting the HR Admin Assistant with information requests and payroll related queries from employees.

Payroll Manager

Jardine Lloyd Thompson  Ltd

•	Main duties (BAU) included:
o	Managing the monthly payroll using Oracle HRMS in a HR Shared Service environment including year-end activities with a team of three employees. 
o	Checking all payroll data is entered accurately by the HR Admin Team in Mumbai, undertaking manual calculations and authorising/submitting BACs remittances to employees and third parties.
o	Producing and checking payroll journals, finance reports, multiple pensions' schedules, multiple schedules for other third party benefit providers and dealing with any queries or issues generated by them.

•	Project activity includes:
o	Payroll Project Lead on the Orion Project, which relocated the HR Shared Service Centre to Mumbai, bringing payroll processing in-house and re-implementing Oracle HRMS system. Scoped out payroll elements for the technical build, undertook SAT, UAT and data cleansing, organised and checked parallel pay runs and implemented a successful payroll in April 2012.
o	Managed the Real Time Information (RTI) Project through to implementation in June 2013 by scoping out the project plan with the team, overseeing UAT and resolving outstanding issues.
o	Undertook the payroll UAT on the Auto Enrolment Project, assisted with data cleansing and oversaw the implementation into the payroll in July 2013.
o	Payroll knowledge lead for various TUPEs in and out and acquisitions. Producing data templates to ensure accuracy of data transfer, attending different sites/organisations to capture sufficient knowledge transfer and implemented successful payrolls following the transfers.
o	Managed Payroll aspects on Annual Compensation Review Projects and processing through payroll ensuring all data was accurate.
o	Oversaw payroll aspects of internal and external audits
o	Ongoing system testing and reviews.

Payroll Team Leader

BOC Group Plc

Royal Bank of Scotland Business

Payroll Officer

Administration support to Building Surveyors and Engineers in all property repair matters

Admin Officer, Property Management

Customer Service Officer

I’m Nicola Fallon, the passionate owner of two businesses - Virtual Accounts & Taxes (VA&T) and The Payroll Team. 

With over 30 years of experience in corporate finance roles for corporates like NatWest Bank, BOC, ITV, and Jardine Lloyd Thompson (JLT), I decided to embark on an entrepreneurial journey to share my knowledge with a wider audience. 

In addition to my businesses, I am honoured to serve as an ambassador for the 6 Figure Bookkeepers Club. Through this prestigious group, I am able to connect with fellow bookkeepers and accountants and contribute to a community dedicated to professional growth, excellence, and sharing best practices. 

Outside of work, I have a love for music and football, which I share with my husband, our three grown-up children, and my parents. Being a born and bred Salford girl, my roots in the vibrant Manchester music scene run deep, and my musical taste reflects the spirit of the iconic “Madchester” era!

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