Payroll Specialist
2 months ago
About Rothschild & Co
Rothschild & Co is a leading global financial services group with a rich history of over 200 years at the forefront of the world's financial markets.
Our expertise, intellectual capital, and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities, and planet.
We have 4,200 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management, and Five Arrows.
As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.
We are committed to an inclusive and supportive environment where diversity and different perspectives are valued. We are focused on the attraction and recruitment, development, and retention of high-calibre talent to ensure we and our clients benefit from the value of difference.
Overview of the Role
Working within the R&Co Payroll team in London, you will be responsible for ensuring timely and accurate delivery of the UK and Guernsey payrolls (approximately 2,500 employees and pensioners across 9 payrolls).
Key Responsibilities
- Collate the 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 that all relevant deadlines are met and that 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, preparing Payment After Leaving letters, etc.
- Responsible for the processing of team invoices.
- Prepare month-end journals and monitor the SAP GL interface process.
- Shared responsibility for maintaining the team mailbox and answering queries in a timely manner.
- Assist the Payroll Lead with ad-hoc requests.
- Involvement in New Joiner induction process.
Experience, Skills, and Competencies Required
- Must have mid-level UK Payroll experience (5+ years).
- Must have previously worked within a payroll team environment.
- Must have a 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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