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Payroll Specialist

2 months ago

London, Greater London, United Kingdom Jefferies Full time

About the Role

The Payroll & Benefits function in London is part of a growing Human Resources department which services 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 specialists.

Key Responsibilities

The candidates' duties will include, but are not limited to:

  • Day-to-day administration of UK payroll (ADP Celergo & iHCM) 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 of the 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
  • Managing processes for third party payroll payments such as tax, social security, GAYE, etc
  • Supporting in the setup 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.
  • Assisting with submission of employer related securities (Former form).
  • Supporting with the submission of PSA to HMRC, annually.
  • 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
  • Assist with project work when required

Person Specification

The following skills and experience are required for this role:

Ideal Experience

  • Strong Knowledge of UK payroll and legislation
  • Prior experience of European payrolls and processes
  • Knowledge of Tax Year End procedures
  • Proven track record of owning regional payrolls & processes

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 levels of energy, drive and an ethos of hard work.
  • Good team player.
  • Capability to work autonomously