At a Glance
- Tasks: Manage payroll and benefits for a leading UK banking group while ensuring compliance and service excellence.
- Company: Join Close Brothers, a dynamic and inclusive UK specialist banking group.
- Benefits: Enjoy hybrid working, private medical, gym discounts, and a supportive work-life balance.
- Other info: We celebrate diversity and offer flexible working arrangements to suit your lifestyle.
- Why this job: Make a real impact in a diverse team while developing your career in finance.
- Qualifications: Experience in payroll management and strong Excel skills are essential.
The predicted salary is between 45000 - 55000 € per year.
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity and promote inclusivity. Vacancies are available on a part-time, job-share or full-time basis because we know the best person for the job isn’t always available full-time. Our aim is to facilitate requests wherever possible and managers will consider requests on an individual basis.
Join the Close Brothers HR Team where you will be responsible for effectively managing and delivering a robust company employee payroll and benefits operation for the Group and Banking divisions, whilst ensuring agreed service performance levels are met alongside consistent compliance with statutory regulations. Working as part of the Reward team our ideal team member will have previous experience in Payroll and Benefit management in a multi-site complex organisation with excellent Excel skills.
RESPONSIBILITIES
- Full management of the monthly payroll payment processing in line with legislation and company policy for the Group and Banking Divisions.
- Administer year end payroll processing (e.g. tax year-end and P11d) and reporting in line with legislation.
- Manage payments to third parties, including HMRC and Pension providers.
- Manage the annual benefit scheme renewals for Channel Islands and Republic of Ireland.
- Manage the co-ordination of the UK risk insurances and private healthcare annual benefits scheme renewals.
- Manage all other UK benefit scheme renewals.
- Plan and organise time and tasks within the team effectively, ensuring that established payroll and benefits service levels are achieved.
- Ensure all team members work effectively with the HR Advisors and HR Business Partners to resolve any pay and benefit queries in a timely manner.
Developing Our People: as a line manager, you will be responsible for inspiring and motivating your team, as well as developing performance through coaching. You will encourage your team to take responsibility for their own personal development and provide support through regular feedback.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE:
- Knowledge and experience of processing in-house payrolls.
- In-depth and current knowledge of payroll and benefit legislation.
- Experience of tax year end processing for P11d’s.
- Ability to build strong working relationships with a varied client group.
- Process oriented and motivated to achieve continuous improvement.
- IPPM qualification or equivalent level of Payroll experience.
IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE:
- Experience of working within Financial Services sector.
- Working knowledge of Resourcelink.
- Managed Channel Islands and Republic of Ireland payrolls.
- Managed/assisted with benefit scheme renewals.
We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format, or any other adjustments, are encouraged to email us at recruit.ssc@closebrothers.com or request a call back.
At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.
To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers
To find out more about life at Close Brothers: https://www.closebrothers.com/life-close-brothers#374017299-899295541
To find out more about our benefits: https://www.closebrothers.com/employee-benefits
To find out more about our commitment to creating an inclusive environment: Our Responsibility - Diversity and inclusion
Payroll and Benefits Manager (12 month FTC) in London employer: Close Brothers Group
Close Brothers is an exceptional employer that values diversity and inclusivity, offering flexible working arrangements to suit individual needs. With a strong focus on employee development and a supportive work culture, you will have the opportunity to grow your skills in payroll and benefits management while enjoying a range of benefits including private medical care and gym discounts. Located in the UK, Close Brothers fosters a collaborative environment where your contributions are recognised and rewarded, making it a meaningful place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll and Benefits Manager (12 month FTC) in London
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Payroll and Benefits Manager role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by researching Close Brothers thoroughly. Understand their values, culture, and the specifics of the Payroll and Benefits Manager role. This will help you tailor your responses and show that you're genuinely interested in joining their team.
✨Tip Number 3
Practice common interview questions related to payroll and benefits management. Think about your past experiences and how they align with the responsibilities listed in the job description. Confidence is key, so rehearse your answers until they feel natural!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about wanting to be part of the Close Brothers family. Good luck!
We think you need these skills to ace Payroll and Benefits Manager (12 month FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your payroll and benefits management experience, especially in multi-site organisations, to show us you’re the right fit!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about this role. Share specific examples of how you've successfully managed payroll processes or benefit schemes in the past – we love a good story!
Show Off Your Excel Skills:Since excellent Excel skills are a must-have for this role, don’t forget to mention any relevant projects or tasks where you’ve used Excel effectively. We want to see how you can crunch those numbers!
Apply Through Our Website:We encourage you to apply directly through our careers page. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Close Brothers Group
✨Know Your Payroll Stuff
Make sure you brush up on your payroll and benefits knowledge before the interview. Familiarise yourself with current legislation, especially around tax year-end processing and P11Ds. Being able to discuss these topics confidently will show that you're the right fit for the role.
✨Excel Skills are Key
Since excellent Excel skills are a must for this position, practice using functions and formulas that are commonly used in payroll management. Be ready to demonstrate your proficiency or discuss how you've used Excel in past roles to manage payroll data effectively.
✨Showcase Your Team Management Style
As a Payroll and Benefits Manager, you'll be leading a team. Think about examples from your past where you've inspired and motivated your team. Prepare to share how you provide feedback and support personal development, as this will resonate well with the interviewers.
✨Build Relationships
This role requires strong working relationships with various stakeholders. Come prepared with examples of how you've successfully collaborated with HR Advisors or Business Partners in previous roles. Highlighting your interpersonal skills will demonstrate your ability to thrive in their team-oriented environment.
