Payroll Specialist

6 days ago


London, Greater London, United Kingdom Frazer Jones Full time £45,000 - £47,500

Job Title: Payroll Analyst

Job Type: Permanent

Industry: Financial Services

Job Description:

We are seeking a highly skilled Payroll Analyst to join our team at Frazer Jones. As a Payroll Analyst, you will be responsible for providing expert payroll support to our clients in the European region.

Key Responsibilities:

  • Manage the coordination of the European payroll inbox and serve as the primary contact for payroll and benefits-related inquiries.
  • Assist in the daily processing of designated European payrolls, including tasks such as collecting and uploading payroll adjustments for each region into the payroll system.
  • Support the monthly payroll onboarding process by promptly adding new employees to the relevant country's payroll.
  • Assist with the monthly payroll offboarding process by processing departing employees from the relevant country's payroll in the month their employment ends.
  • Facilitate the processing of non-standard payroll tasks across the region.
  • Handle payroll administration for maternity, paternity, adoption, and shared parental leave.
  • Assist in the preparation and submission of statutory reporting documentation in each European country where centralised payroll is managed.
  • Collaborate with the global team on payroll-related projects, including payroll system implementation and transitions.
  • Periodically review and update payroll standard operating procedures (SOPs) in line with internal processes.
  • Ensure new employees are enrolled in and departing employees are removed from relevant benefit schemes, with updates reflected in payroll.
  • Gather benefit data for the annual compensation cycle.
  • Respond to payroll reporting requests, such as salary data, sickness absence records, holiday records, and bonus information.
  • Assist the Finance department with month-end and year-end payroll reporting, including the collection and analysis of relevant payroll data.
  • Support the global equities team with audits and reconciliations.
  • Aid in the annual payroll audit process.

Requirements:

  • Over 2 years of payroll experience.
  • Proficient in using Workday with a solid understanding of payroll processes.
  • Workday payroll experience is essential.
  • Strong working knowledge of Microsoft Office, particularly Excel.

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