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- Tasks: Manage payroll operations and ensure compliance with regulations while collaborating with HR and Finance teams.
- Company: Join a growing Private Equity firm focused on delivering top-notch financial services in London.
- Benefits: Enjoy a competitive salary of £75,000 - £90,000 plus bonuses and benefits.
- Why this job: Be part of a dynamic team that values diversity and offers opportunities for professional growth.
- Qualifications: CIPP qualified or QBE with proven payroll management experience; familiarity with Workday is a plus.
- Other info: We promote an inclusive workplace where every team member feels valued and respected.
The predicted salary is between 60000 - 72000 £ per year.
Trace – Expert Accountancy Recruitment provided pay range
This range is provided by Trace – Expert Accountancy Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Direct message the job poster from Trace – Expert Accountancy Recruitment
I help Accounting candidates find the best jobs within the Financial Services sector in London.
Payroll Manager, Private Equity firm, Perm, £75,000 – £90,000+ bens + bonus
We will be reviewing CVs throughout the process so please apply as soon as you are able to.
A growing Private Equity firm are looking for a Payroll Manager to join their team.
The Payroll Manager will be responsible for the firm’s payroll, and will partner closely with HR, Finance and other teams to ensure a seamless payroll operation, globally. Reporting into the Finance Director. They are looking to offer the successful candidate between £75,000 – £90,000.
Main Duties:
- Ensure al the date is correct for payroll processing
- Compliance and Reporting – Ensure compliance with all internal and external local payroll regulations and laws
- Responsible for the staff budget and half yearly reforecasts
- Significant input in the bi-annual salary and bonus review cycle
- Key input in annual remuneration committee meetings
- Lead on the companies compensation review processes
- Conduct company wide annual compensation benchmarking to propose salary and bonus banding to ensure the company remains competitive and in line with the market trends
- Complete regular audits of payroll procedures and records to ensure compliance
- Stay updated on change in payroll laws and implemented changes as necessary
- Ensure all payroll balance sheet reconciliations are completed
- Work closely with HR and Finance departments to ensure accurate employee data, and handle payroll related reports and data to senior management
Person Specification:
- CIPP qualified or QBE
- Strong knowledge of payroll laws and regulations
- Experience with Workday or Anaplan is desirable but not necessary
- Proven experience in a previous payroll management role
At Trace, we are committed to fostering an inclusive and diverse workplace and believe that, in any business, it is imperative that all members of staff feel appreciated and respected in their roles. Our job is simply to find the best candidate on the market, regardless of their age, race, religion, disability, gender identity, sexual orientation or any other factor irrelevant to their qualifications and competencies.
If you have any further questions regarding accessibility throughout the process, then please get in touch or call a member of our DEIB Champions team.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
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Job function
Finance and Accounting/Auditing
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Industries
Financial Services and Venture Capital and Private Equity Principals
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Payroll Manager employer: Trace – Expert Accountancy Recruitment
Contact Detail:
Trace – Expert Accountancy Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Manager
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in payroll or HR. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in payroll management.
✨Tip Number 2
Familiarise yourself with the specific payroll software mentioned in the job description, such as Workday or Anaplan. Even if you haven't used them before, understanding their functionalities can give you an edge during interviews.
✨Tip Number 3
Stay updated on current payroll laws and regulations, particularly those relevant to the private equity sector. Being knowledgeable about compliance issues will demonstrate your expertise and commitment to the role.
✨Tip Number 4
Prepare to discuss your previous experiences in payroll management, focusing on how you've handled audits, compliance, and collaboration with HR and finance teams. Real-life examples will help illustrate your capabilities to the hiring team.
We think you need these skills to ace Payroll Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll management, compliance, and any specific software like Workday or Anaplan. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of payroll laws and regulations. Mention your CIPP qualification or relevant experience, and explain how you can contribute to the company's payroll operations.
Highlight Achievements: In your application, include specific examples of how you've improved payroll processes or ensured compliance in previous roles. Quantify your achievements where possible to make a stronger impact.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Payroll Manager.
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Know Your Payroll Laws
Make sure you're well-versed in payroll laws and regulations, as this role requires compliance with both internal and external standards. Brush up on any recent changes to ensure you can discuss them confidently.
✨Demonstrate Your Experience
Be prepared to share specific examples from your previous payroll management roles. Highlight your achievements, especially those related to audits, compliance, and collaboration with HR and Finance teams.
✨Familiarise Yourself with Relevant Software
While experience with Workday or Anaplan is desirable but not necessary, showing familiarity with payroll software can set you apart. If you have experience with similar systems, be ready to discuss how you've used them effectively.
✨Prepare for Salary Discussions
Since the role involves significant input in salary and bonus reviews, be ready to discuss your thoughts on compensation benchmarking. Research market trends to provide informed insights during the interview.
