Payroll and Benefits Manager

1 day ago

Ludgate Hill, Greater London, United Kingdom JGA Recruitment Full time
Job Title: Payroll and Benefits Manager

Location: London – Hybrid

Salary: £65-75,000pa plus bonus

Contract: Permanent

A leading financial services organisation based in London is seeking a Payroll and Benefits Manager to play a pivotal role in managing payroll processes, ensuring accuracy and compliance, and providing expert advisory support on benefits.

In this role, you'll partner with HR and Finance teams to deliver accurate financial reports and journals and support the continuous improvement of our payroll and benefits systems. Your strategic input will help shape the firm's benefits offerings, and you'll manage relationships with external partners such as benefits brokers and pension providers.

Key Responsibilities:
  • Oversee the preparation and processing of monthly payrolls across various cost centres.
  • Collaborate with the Head of HR Operations to calculate commissions and bonuses.
  • Address employee payroll inquiries promptly and efficiently.
  • Maintain SAP Success Factors with payroll-related data.
  • Ensure payroll tax compliance, including P11Ds, P45s, and P60s.
  • Produce monthly financial reports, reconciliations, and journals for the finance department.
  • Provide advisory expertise on legal compliance and emerging trends in benefits.
  • Manage the relationship with benefits brokers and pension providers.
  • Liaise with HR and management on issues like absence, maternity, paternity, and benefits updates.
  • Support the implementation of new systems and process improvements.
  • Regularly report to senior HR management and engagement partners.
Your Skills and Experience:
  • Strong experience in managing payroll functions and working with third-party providers.
  • Knowledge of UK and Ireland payrolls is essential.
  • Familiarity with SAP software is essential.
  • Excellent reporting, reconciliation, and financial analysis skills.
  • A strategic thinker with a commercial mindset and a focus on improving processes.
  • In-depth knowledge of payroll legislation and compliance requirements.
  • Ability to solve complex payroll issues and make manual calculations when needed.
  • Confident in liaising with HMRC and clients regarding payroll matters.
  • Previous experience in a payroll office, bureau, or practice environment.
  • Highly proficient in Excel and other MS Office tools.
  • Strong attention to detail and ability to present data clearly.
  • Excellent organisational and time management skills.

We are committed to equality of opportunity for all applications regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

We are also committed to protecting and respecting your privacy.

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