Senior Payroll Specialist
Senior Payroll Specialist
Posted on :
04-05-2025
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1 Vacancy
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Job Description
Description
Team
The Payroll & Benefits function in London is part of a growing Human Resources department which services 14 branches throughout EMEA and covers all aspects of Human Resources to support Investment Banking Global Markets & Corporate Functions. This role sits within the Payroll & Benefits team which is made up of 5 specialists and 2 administrators across the function.
The candidates duties will include but are not limited to:
- Daytoday administration of UK payroll (iHCM2) including collating inputs monitoring the processing cycle and ensuring sign off in a timely manner
- Ensuring monthly pension/benefits enrolment data is correctly loaded onto payroll.
- Managing monthly Flex benefit changes in payroll
- Sole responsibility for processing of 6 of the 12 European location payrolls on a rolling basis
- Ownership of processes risk controls and output for those dedicated countries
- Active participation in and working towards becoming the SME for dedicated regions
- Collating Inputs and working closely with other team members to cover payroll for Europe (France Germany Switzerland Italy Dubai Sweden Holland Poland Portugal Spain Ireland Israel Cyprus using ADP Streamline)
- Liaising with payroll providers on country specific payroll requirements and queries
- Preparing and ensuring payroll funding is administered for each region within specified timeframes.
- Working with financial controllers to ensure international payments are correctly allocated.
- Post payroll reporting
- Supporting in the set up of new branch payrolls as the business continues to grow in headcount and expansion across Europe
- Maintaining high level of customer service responding to and resolving employee queries in a concise and timely manner.
- Responsibility for UK annual filing compliance (P11D Form 42 PSA STBV)
- Responsibility for German annual filing compliance
- Review and propose additional filing requirements and measures for all locations
- Calculating tax due on stock vestings across UK and EMEA region processing confirmation statements in HR System and ensuring correct taxes are withheld from employees.
- Creating manuals and procedures for stock vesting activities
- Manual calculations checks and submission of employee payments as required
- Liaising with the HR team and the wider business and serving as point of contact for employee payroll queries and requests
- Maintaining and updating employment records (maternity paternity absences)
- Running periodical and adhoc reports from the HR system
- Project management on various ongoing and future cross divisional projects
The following skills and experience are required for this role:
- Strong Knowledge of UK payroll and legislation
- Prior experience of European payrolls and processes
- Knowledge of Tax Year End procedures for UK and Europe
- Proven track record of owning regional payrolls & processes
- Basic accounting knowledge as it relates to payroll
- Project Management experience and proven project lead capabilities
- Familiarity with SOX IPE Requirements
Qualifications & Preferred Background
- You will have ideally worked at a large Financial Services firm
- Knowledge of ADP payroll systems PeopleSoft or Oracle Fusion an advantage
Personal Attributes
- Time management
- Deadline driven and able to manage multiple conflicting priorities
- Excellent communication skills.
- High standard of integrity
- High levels of energy drive and an ethos of hard work.
- Good team player.
- Capability to work autonomously
#LIPS1
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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