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- Tasks: Manage UK payroll and support European payroll processes while ensuring compliance.
- Company: Join a dynamic team at LevelUp HCS, connecting talent with exciting opportunities.
- Benefits: Enjoy a full-time role with potential for remote work and professional growth.
- Why this job: Be part of a collaborative environment that values integrity and innovation in finance.
- Qualifications: Strong UK payroll knowledge and experience with European payrolls required.
- Other info: Ideal for energetic individuals looking to lead payroll projects in a fast-paced industry.
The predicted salary is between 36000 - 60000 £ per year.
Sourcing Partner for LevelUp HCS | Matching exceptional talent to exciting opportunities | Animal lover | Foodie
Senior Payroll Specialist
This role is within our client\’s Payroll & Benefits team, comprising 5 specialists and 2 administrators.
Role & Responsibilities
- Manage UK payroll (iHCM2), including input collection, processing cycle monitoring, and timely sign-off.
- Ensure accurate loading of pension/benefits data onto payroll monthly.
- Handle monthly Flex benefit changes.
- Process payrolls for 6 European locations on a rolling basis, owning processes and risk controls.
- Develop expertise in designated regions.
- Coordinate with team members to cover payroll for Europe (France, Germany, Switzerland, Italy, Dubai, Sweden, Holland, Poland, Portugal, Spain, Ireland, Israel, Cyprus) using ADP Streamline.
- Communicate with payroll providers regarding country-specific requirements.
- Prepare payroll funding within deadlines and liaise with finance for international payments.
- Post payroll reporting and support new branch payroll setups.
- Maintain high-quality customer service, responding to employee queries promptly.
- Ensure UK annual filings (P11D, Form 42, PSA, STBV) and German filings are completed.
- Assess additional filing needs across locations.
- Calculate taxes on stock vestings, process confirmation statements, and ensure proper withholding.
- Create manuals and procedures for stock vesting activities.
- Perform manual calculations and employee payment submissions as needed.
- Liaise with HR and the broader business on payroll queries.
- Maintain employment records and generate HR reports.
- Lead projects related to payroll processes and system improvements.
Person Specification
Required Skills & Experience
- Strong knowledge of UK payroll and legislation.
- Experience with European payrolls and processes.
- Understanding of UK and European Tax Year End procedures.
- Proven ownership of regional payrolls and processes.
- Basic accounting knowledge related to payroll.
- Project management skills and leadership experience.
- Familiarity with SOX IPE requirements.
Qualifications & Preferred Background
- Experience in a large Financial Services firm preferred.
- Knowledge of ADP, PeopleSoft, or Oracle Fusion systems is advantageous.
Personal Attributes
- Deadline-oriented with ability to manage multiple priorities.
- High integrity and professional standards.
- Energetic, driven, and hardworking.
- Team player with the ability to work independently.
Additional Details
- Seniority Level: Mid-Senior
- Employment Type: Full-time
- Job Function: Finance
- Industry: Investment Banking
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Senior Payroll Specialist employer: LevelUP HCS
Contact Detail:
LevelUP HCS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Payroll Specialist
✨Tip Number 1
Familiarise yourself with UK payroll legislation and European payroll processes. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the payroll and finance sectors, especially those who have experience with ADP or similar systems. They can provide insights and potentially refer you to opportunities within their organisations.
✨Tip Number 3
Showcase your project management skills by discussing any relevant projects you've led or contributed to in previous roles. This will highlight your ability to manage multiple priorities effectively.
✨Tip Number 4
Prepare to discuss how you handle employee queries and maintain high-quality customer service. Providing examples of your approach will illustrate your suitability for the role.
We think you need these skills to ace Senior Payroll Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with UK payroll and European payroll processes. Include specific examples of your previous roles that demonstrate your expertise in managing payroll systems and compliance with legislation.
Craft a Compelling Cover Letter: In your cover letter, express your passion for payroll management and your understanding of the complexities involved in handling payroll across multiple European locations. Mention any relevant project management experience and how it aligns with the role's responsibilities.
Highlight Relevant Skills: Clearly outline your skills related to payroll processing, tax calculations, and compliance with UK and European regulations. Emphasise your familiarity with payroll systems like ADP, PeopleSoft, or Oracle Fusion, as these are advantageous for the position.
Showcase Your Teamwork and Leadership: Provide examples of how you've successfully collaborated with team members or led projects in your previous roles. This will demonstrate your ability to work effectively within a team while also taking ownership of payroll processes.
How to prepare for a job interview at LevelUP HCS
✨Showcase Your Payroll Expertise
Make sure to highlight your strong knowledge of UK payroll and legislation during the interview. Be prepared to discuss your experience with European payrolls and any specific challenges you've faced, as this will demonstrate your capability to manage the diverse payroll needs of the company.
✨Demonstrate Project Management Skills
Since the role involves leading projects related to payroll processes, be ready to share examples of past projects you've managed. Discuss how you approached these projects, the outcomes, and any leadership experiences that showcase your ability to drive improvements.
✨Prepare for Technical Questions
Familiarise yourself with payroll systems like ADP, PeopleSoft, or Oracle Fusion, as these are advantageous for the role. Expect technical questions about these systems and be ready to explain how you've used them in previous positions to streamline payroll processes.
✨Emphasise Customer Service Skills
As maintaining high-quality customer service is crucial, prepare to discuss how you've handled employee queries in the past. Share specific examples of how you resolved issues promptly and effectively, showcasing your commitment to supporting employees and ensuring their satisfaction.
