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For Companies At a Glance
- Tasks: Manage compensation cycles, payroll processes, and regulatory reporting in a dynamic finance environment.
- Company: Join one of the UK's top mid-market Private Equity firms with a global presence.
- Benefits: Enjoy a hybrid work model, competitive salary, bonuses, and great perks.
- Why this job: Be part of a fast-paced team impacting financial services while developing your career.
- Qualifications: 5+ years in reward roles and payroll management, ideally in financial services.
- Other info: This role requires UK work rights; no sponsorship available.
The predicted salary is between 80000 - 90000 £ per year.
My client is one of the UK's leading mid market Private Equity firms with a London HQ and offices in the US and the EU. This role sits across Finance and HR, ultimately reporting into the CFO.
The Role (shall include but not be limited to)
- Compensation
- Manage the annual salary and bonus review
- Regulatory Remuneration reporting
- Manage the annual staff budget process
- Work with an HRIS to prepare workforce planning data
- Own the payroll process for the US, France, Germany and Luxembourg
- Assist with Tax implications of the globally mobile
- Own the payroll audit
The Candidate
- At least 5 years experience in a Reward role managing annual compensation cycles in the UK
- At least 5 years' experience of payroll with at least 3 years' experience managing an annual payroll process in a fast paced UK based Financial Services environment, ideally Buy Side.
- Experience generating detailed reports
- Strong IT including advanced Excel.
- Knowledge of Carried Interest schemes will be a huge advantage
This role is 4 days in the office and 1 day working from home. There can be no sponsorship for this role so candidates must have right to work in the UK. Contractual hours are 0830 - 1730 but it's Financial Services which has busier times and less busy times.
Compensation Specialist - Private Equity - £80k - £90k | London, UK | Hybrid employer: Carnegie Consulting
Contact Detail:
Carnegie Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist - Private Equity - £80k - £90k | London, UK | Hybrid
✨Tip Number 1
Network with professionals in the private equity sector. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, making you a more attractive candidate.
✨Tip Number 2
Familiarise yourself with the latest trends in compensation and payroll management within financial services. Being knowledgeable about current practices and regulations will demonstrate your expertise and commitment to the role.
✨Tip Number 3
Prepare to discuss your experience with payroll processes and regulatory reporting in detail during interviews. Be ready to provide specific examples of how you've managed these tasks in previous roles, especially in fast-paced environments.
✨Tip Number 4
Highlight any experience you have with HRIS systems and advanced Excel skills. These are crucial for the role, so be prepared to discuss how you've used these tools to improve efficiency and accuracy in your previous positions.
We think you need these skills to ace Compensation Specialist - Private Equity - £80k - £90k | London, UK | Hybrid
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and payroll management, especially within the financial services sector. Use specific examples that demonstrate your expertise in managing annual compensation cycles and payroll processes.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Mention your understanding of the private equity landscape and how your skills align with the responsibilities listed in the job description.
Highlight Technical Skills: Since strong IT skills are essential for this position, emphasise your proficiency in advanced Excel and any other relevant software. Provide examples of how you've used these skills in previous roles to generate reports or manage payroll.
Showcase Regulatory Knowledge: If you have experience with regulatory remuneration reporting or knowledge of carried interest schemes, make sure to include this in your application. This will demonstrate your suitability for the role and your understanding of the industry's requirements.
How to prepare for a job interview at Carnegie Consulting
✨Know Your Numbers
As a Compensation Specialist, you'll be dealing with salary and bonus reviews. Brush up on your knowledge of compensation metrics and be prepared to discuss how you would approach these processes in the role.
✨Demonstrate Your Payroll Expertise
With at least 5 years of payroll experience required, be ready to share specific examples of how you've managed payroll processes in previous roles, especially in a fast-paced financial services environment.
✨Familiarise Yourself with Regulatory Requirements
Understanding regulatory remuneration reporting is crucial for this position. Make sure you can articulate your experience with compliance and any relevant regulations that impact compensation in the UK.
✨Showcase Your IT Skills
Advanced Excel skills are a must for this role. Prepare to discuss your proficiency with Excel and any other HRIS tools you've used, as well as how you've leveraged technology to improve compensation processes.
