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Payroll Specialist

Michael Page Finance
Posted 20 hours ago, valid for 15 days
Location

London, Greater London EC1R 0WX

Salary

£56,000 - £70,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is within the HR division of a large international banking organization, specifically in the UK Payroll team based in London.
  • Candidates must have experience in UK payroll processing and an understanding of PAYE legislation, with a minimum of 3 years of relevant experience required.
  • Responsibilities include completing monthly payroll tasks, ensuring compliance with statutory regulations, and managing employee queries related to pay.
  • The role offers a comprehensive benefits package, including a generous pension, holiday entitlement, and an annual discretionary bonus.
  • This is a permanent role with hybrid working options available, emphasizing strong time management and attention to detail.

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

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.