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.