Senior Payroll Specialist

Team

The Payroll & Benefits function in London is part of a growing Human Resources department which services 14 branches throughout EMEA and covers all aspects of Human Resources to support Investment Banking, Global Markets & Corporate Functions. This role sits within the Payroll & Benefits team, which is made up of 5 specialists and 2 administrators across the function.

The candidates’ duties will include, but are not limited to:

• Day-to-day administration of UK payroll (iHCM2) including collating inputs, monitoring the processing cycle and ensuring sign off in a timely manner 
• Ensuring monthly pension/benefits enrolment data is correctly loaded onto payroll.
• Managing monthly Flex benefit changes in payroll
• Sole responsibility for processing of 6 of the 12 European location payrolls on a rolling basis
• Ownership of processes, risk controls and output for those dedicated countries
• Active participation in and working towards becoming the SME for dedicated regions
• Collating Inputs and working closely with other team members to cover payroll for Europe (France, Germany, Switzerland, Italy, Dubai, Sweden, Holland, Poland, Portugal, Spain, Ireland, Israel, Cyprus using ADP Streamline) 
• Liaising with payroll providers on country specific payroll requirements and queries
• Preparing and ensuring payroll funding is administered for each region within specified timeframes.
• Working with financial controllers to ensure international payments are correctly allocated.
• Post payroll reporting
• Supporting in the set up of new branch payrolls as the business continues to grow in headcount and expansion across Europe
• Maintaining high level of customer service, responding to, and resolving employee queries in a concise and timely manner.
• Responsibility for UK annual filing compliance (P11D, Form 42, PSA, STBV)
• Responsibility for German annual filing compliance
• Review and propose additional filing requirements and measures for all locations
• Calculating tax due on stock vesting’s across UK and EMEA region, processing confirmation statements in HR System and ensuring correct taxes are withheld from employees.
• Creating manuals and procedures for stock vesting activities
• Manual calculations, checks and submission of employee payments, as required
• Liaising with the HR team and the wider business and serving as point of contact for employee payroll queries and requests
• Maintaining and updating employment records (maternity, paternity, absences)
• Running periodical and adhoc reports from the HR system
• Project management on various ongoing and future cross divisional projects

The following skills and experience are required for this role:

• Strong Knowledge of UK payroll and legislation
• Prior experience of European payrolls and processes
• Knowledge of Tax Year End procedures for UK and Europe
• Proven track record of owning regional payrolls & processes
• Basic accounting knowledge as it relates to payroll
• Project Management experience and proven project lead capabilities
• Familiarity with SOX IPE Requirements

Qualifications & Preferred Background

• You will have ideally worked at a large Financial Services firm 
• Knowledge of ADP payroll systems, PeopleSoft or Oracle Fusion an advantage

Personal Attributes

• Time management
• Deadline driven and able to manage multiple conflicting priorities
• Excellent communication skills.
• High standard of integrity
• High levels of energy, drive and an ethos of hard work.
• Good team player. 
• Capability to work autonomously

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