Payroll Specialist

2 months ago

London, Greater London, United Kingdom Rothschild & Co Full time

About Rothschild & Co

Rothschild & Co is a leading global financial services group with a rich history spanning over 200 years. Our expertise and global network enable us to provide a unique perspective that makes a meaningful difference to our clients, communities, and planet.

Role Overview

We are seeking a skilled Payroll Specialist to join our R&CoPayroll team in London. As a key member of the team, you will be responsible for ensuring timely and accurate delivery of the UK and Guernsey payrolls for approximately 2500 employees and pensioners across 9 payrolls.

Key Responsibilities

  • Collate monthly payroll data and provide it to the payroll vendor via a secure online portal.
  • Review and reconcile the output, work with the payroll vendor to correct as necessary, and provide the appropriate reports for review and sign-off by the Payroll Manager.
  • Ensure all relevant deadlines are met, and payments are reconciled and made on time.
  • Work with the wider Payroll team and other internal/external stakeholders to streamline processes.
  • Provide high-quality and timely customer service to employees and other stakeholders across all UK and Guernsey businesses.
  • Assist with post-payroll administration, including raising third-party payments, distributing P45s, and preparing Payment After Leaving letters.
  • Process team invoices and prepare month-end journals.
  • Shared responsibility for maintaining the team mailbox and answering queries in a timely manner.
  • Assist the Payroll Lead with ad-hoc requests and participate in the New Joiner induction process.

Requirements

  • Mid-level UK Payroll experience (5+ years).
  • Previous experience working within a payroll team environment.
  • Good working knowledge of statutory payroll legislation/payroll calculations in the UK.
  • Excellent knowledge of Microsoft Office, particularly Excel (Vlookup, Pivot tables).
  • Track record of developing positive relationships with outsourced payroll vendors.
  • Excellent attention to detail and numeracy skills.
  • Good communication skills.
  • Proactive and self-motivated.
  • Strong analytical skills/critical thinking.

Desirable Experience

  • Working with CloudPay as an outsourced payroll vendor.
  • Year-end processing for the UK, including P60, P11d, and PSA.

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