Payroll Manager

2 weeks ago


London, United Kingdom SimCorp AS Full time

Who we are
For over 50 years, we have worked closely with investment and asset managers to become the world's leading provider of integrated investment management solutions. We are 2,500+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds in general.

SimCorp is an equal opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated in our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

While striving to deliver client value, we believe it is vital to consider our people and our planet in every business decision we make. Acting responsibly is not optional. It is essential.

Why this role is important to us
As part of the UK Finance team, you will be responsible for processing payroll and all payroll-related matters, such as ensuring the correct tax reporting of our global mobility employees.

What you will be responsible for
  • Sole responsibility for the payroll function of the London and Middle East offices. This currently consists of 3 legal entities (4 payrolls) and 2 Shadow Payrolls, with a total of about 170 employees
  • Managing all elements of the payroll process from start to finish for the two UK legal entities and the Middle East payrolls in UAE and Saudi Arabia
  • Monitoring of Cross Border & Assignee Personnel
  • Processing of Shadow Payroll
  • Restricted stock unit (RSU) Management
  • Prepare, analyze, compile, reconcile and submit annual reports and filings for the PSA and STBV Agreements
  • Managing the reconciliation for the monthly Benefits in preparation for the P11d reporting
  • Administration of the Pension plan to ensure compliance with Pension Regulator legislation and monitoring of Auto Enrolment, Opt Outs and Re-Enrolment regulations
  • Ensure compliance of existing salary sacrifice arrangements
  • Responsibility to run the operations linked to Absence and Time Management according to the frame set by HR to ensure the accuracy of the data.
  • Booking all payroll-related accruals: bonus, commission, holiday, RSUs, benefits
  • Updating all payroll-related balance sheet reconciliations in management accounts pack
  • Key point of contact for internal stakeholders on payroll enquiries
  • Liaising with Deloitte on payroll tax matters relating to employees located overseas
What we value
  • Solid experience with processing payroll
  • Experience using Adp HCM and working within an accounts team
  • Tax experience for employees working overseas (e.g., PAYE/NIC implications)
  • Ability to work with confidential/sensitive data
  • Excellent attention to detail, high level of accuracy
  • Methodical, hardworking, enthusiastic with the ability to prioritise and work to tight deadlines
  • Minimum of intermediate level in Excel (e.g., pivot tables, V-lookups)
  • Fluent in English with strong communication skills both verbal and written
  • Experience of working with Workday is nice to have
Next steps
Please send us your application in English via our career site as soon as possible, we process incoming applications continually. To make sure you receive our emails please check your junk/spam folder and add SimCorp to the safe list of your e-mail contacts.
Please note: Only applications sent through our system will be processed.
For any questions you are welcome to contact Alina Wiejak, Senior Talent Acquisition Partner, at alina.wiejak@simcorp.com.
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