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Payroll Specialist

Michael Page
Posted 8 days ago, valid for 7 days
Location

London, Greater London SW1A2DX, England

Salary

£40,000 - £45,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The role is based in London within the HR division of a large international banking organization, specifically in the UK Payroll team.
  • Candidates are required to have experience in UK payroll processing, including knowledge of PAYE legislation and year-end processes such as P11Ds and P60s.
  • The position involves completing monthly payroll tasks, ensuring compliance with regulations, and addressing employee queries regarding pay.
  • The salary is competitive, and the role offers comprehensive benefits including a generous pension and holiday entitlement, as well as an annual discretionary bonus.
  • Hybrid working is available, and candidates should possess strong time management and interpersonal skills to thrive in a fast-paced environment.

Working in the HR division of this large international banking organisation, the UK Payroll team is responsible for processing multiple payrolls across a number of companies within the Group. Based in London. Hybrid working.

Client Details

International Banking Group.

Description

Working as part of the Payroll team within the HR function, you will assist with the delivery of the Payroll processing services as per the agreed payroll calendar. Responsibilities include:

    • Completing the monthly Payroll tasks and reconciliations accurately and on time.
    • Ensure compliance with all statutory regulations
    • Ensuring the appropriate approvals is in place for all payroll payments and adjustments.
    • Answering queries from employees in relation to their pay.
    • Manage the payment of third parties.
    • Ensuring the correct treatment of benefits offered under the Company flexible benefits scheme across all group companies
    • Checking the monthly payrolls, checking and sign-off of the monthly BACS payment.
    • Completion of annual payroll processes such as P11D's and P60s.
    • Provide reports and data as agreed for statutory and internal functions and internal controls.
    • Contact point for any employee queries.

Profile

The ideal candidate will bring payroll specialist experience including:

  • Understanding of the complete payroll process; including year-end, P11d's and PSA.
  • Understanding of PAYE legislation and how to apply it to payroll.
  • Strong interpersonal skills will be required to communicate at all levels across the company
  • Strong time management skills of working towards tight deadlines.
  • Experience of a UK payroll (essential)
  • Expatriate payroll knowledge a bonus (not essential)
  • Able to meet deadlines
  • Up to date with the latest PAYE legislation and market practices.
  • Accustomed to working in a highly confidential and fast moving environment
  • A keen eye for detail
  • Remains calm under pressure

Job Offer

Comprehensive Benefits including generous pension and holiday entitlement

Annual Discretionary Bonus

Hybrid working

Permanent Role within an international Banking Group

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