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Payroll Specialist

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Jefferies

2mo ago

  • Job
    Full-time
    Mid Level
  • People, HR & Administration
  • London

AI generated summary

  • You need strong UK payroll knowledge, European payroll experience, tax year-end expertise, and familiarity with ADP, PeopleSoft, or Oracle. Excellent communication, time management, and teamwork skills are essential.
  • You will manage UK payroll, oversee European payrolls, handle pension data, respond to employee queries, ensure accurate funding, and maintain records while collaborating with HR and payroll providers.

Requirements

  • Strong Knowledge of UK payroll and legislation
  • Prior experience of European payrolls and processes
  • Knowledge of Tax Year End procedures
  • Proven track record of owning regional payrolls & processes
  • 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 levels of energy, drive and an ethos of hard work.
  • Good team player.
  • Capability to work autonomously

Responsibilities

  • The candidates’ duties will include, but are not limited to:
  • Day-to-day administration of UK payroll (ADP Celergo & 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
  • Managing processes for third party payroll payments such as tax, social security, GAYE, etc
  • Supporting in the setup 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.
  • Assisting with submission of employer related securities (Former form 42).
  • Supporting with the submission of PSA to HMRC, annually.
  • 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
  • Assist with project work when required

FAQs

What are the primary responsibilities of a Payroll Specialist in this role?

The primary responsibilities include day-to-day administration of UK payroll, managing pension and benefits enrolment data, processing payroll for multiple European locations, participating as a subject matter expert for dedicated regions, liaising with payroll providers, preparing payroll funding, managing third-party payroll payments, responding to employee queries, and assisting with submission of employer-related securities.

What payroll systems will I be working with?

The role involves working with ADP Celergo, iHCM2, and potentially ADP Streamline for processing payroll across various European locations.

Is prior experience in payroll necessary for this job?

Yes, strong knowledge of UK payroll, prior experience with European payrolls and processes, and knowledge of tax year-end procedures are required for this role.

What qualities are important for a candidate applying for this Payroll Specialist position?

Important qualities include time management, being deadline-driven and capable of managing multiple priorities, excellent communication skills, high energy and drive, being a good team player, and the ability to work autonomously.

What type of organization is this Payroll Specialist position within?

This position is within a growing Human Resources department that services 14 branches throughout EMEA and supports Investment Banking, Global Markets, and Corporate Functions.

What educational qualifications are preferred for candidates applying for this role?

Candidates ideally will have worked at a large Financial Services firm and familiarity with ADP payroll systems, PeopleSoft, or Oracle Fusion is considered an advantage.

Will the Payroll Specialist have the opportunity to take on project work?

Yes, the Payroll Specialist may assist with project work when required as part of the job responsibilities.

How does the Payroll Specialist contribute to the overall team?

The Payroll Specialist actively participates within the Payroll & Benefits team and helps ensure efficient and accurate payroll processing, risk control, and customer service while covering for regional payrolls and addressing employee inquiries.

What is the work environment like for this position?

The work environment is dynamic and involves collaboration with various teams, including HR and financial controllers, while managing regional payrolls and responding to employee needs with a high level of support and service.

Are there any specific legislative knowledge requirements for this position?

Yes, candidates must have a strong understanding of UK payroll and legislation along with experience in handling international payroll requirements.

Jefferies

Jefferies, the global investment banking firm serving clients for 60 years.

Finance
Industry
1001-5000
Employees
1962
Founded Year

Mission & Purpose

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

Benefits

  • Wellness Programs

  • Health Care and Insurance Plans

  • Employee Discounts