At a Glance
- Tasks: Ensure accurate payroll processing and mentor payroll staff while collaborating with finance and people teams.
- Company: Join a dynamic company that values teamwork and professional growth.
- Benefits: Enjoy remote work, competitive salary, and opportunities for continuous learning.
- Other info: Be part of a supportive team with excellent career advancement opportunities.
- Why this job: Make a real impact by ensuring employees are paid accurately and on time.
- Qualifications: Bachelor's degree in finance or related field; strong analytical and communication skills.
The predicted salary is between 40000 - 50000 £ per year.
The Senior Payroll Analyst ensures accurate processing and recording of the company’s payroll while working closely with Local Finance and People teams. The role provides timely and accurate financial information, participates in payroll processing, tax duties, and holiday processing, and serves as a mentor and reference for payroll staff.
Major Areas of Accountability
- Maintains payroll information by designing systems; directing the collection, calculation, and entering of data provided via the People team’s system of record.
- Update payroll records, insurance coverage, savings deductions, variable pay information and other pay impacting information in payroll systems.
- Ensure all packages and benefits are legal.
- Oversee pension and savings plans.
- Perform daily payroll department operations.
- Manage workflow to ensure all payroll impacting transactions are processed accurately and timely.
- Reconcile payroll prior to transmission and validate confirmed reports.
- Understand proper taxation of employer paid benefits.
- Process correct garnishment calculations and compliance.
- Execute time and attendance / holiday processing and interfaces with payroll.
- Pay employees by directing the production and issuance of paychecks or electronic transfers to bank accounts.
- Prepares reports by compiling summaries of earnings, taxes, deductions, leave, disability, and nontaxable wages.
- Balances the payroll accounts by resolving payroll discrepancies.
- Provides payroll information by answering questions and requests.
- Assists with the funding of 3rd parties, bank entities, government agencies, and benefit providers.
- Assists with ongoing internal and external audits.
- Maintains payroll guidelines by writing and updating policies and procedures.
- Complies with local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions.
- Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
- Completes operational requirements by scheduling and assigning employees; following up on work results.
- Contributes to team effort by accomplishing related results as needed.
- Project management of continued enhancement and management of payroll processing across specific regions.
Knowledge & Skills
- Highly analytical in nature and an aptitude for quantitative and qualitative analysis.
- Demonstrated ability to make recommendations and influence outcomes.
- Excellent team building and leadership skills with a focus on continual development, performance, accountability, and self‑motivation.
- Strong negotiation and communication skills; experience in effectively communicating key data including presentations to senior management.
- Exceptional relationship‑building and interpersonal skills and the ability to interact positively with cross‑functional stakeholders at all levels in the organization.
- Excellent organizational skills and attention to detail.
- Demonstrates professionalism and maturity in handling confidential information.
- Demonstrated ability to define problems, establish alternatives, and determine the optimal course of action in the context of broader business strategies and objectives.
- Work well under pressure, prioritize, meet deadlines, drive projects to completion, and manage the results.
- Bachelor’s degree or higher in accounting, finance, business, or other relevant or related field or equivalent experience.
Senior Payroll Analyst - Fixed Term employer: Cornerstone OnDemand
Contact Detail:
Cornerstone OnDemand Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Payroll Analyst - Fixed Term
✨Tip Number 1
Network like a pro! Reach out to your connections in the payroll and finance sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of payroll systems and legislation. We recommend practising common interview questions and scenarios related to payroll processing to show off your expertise.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer’s mind and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing the job! We love seeing applications directly from candidates who are keen to join our team.
We think you need these skills to ace Senior Payroll Analyst - Fixed Term
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Payroll Analyst role. Highlight your experience with payroll systems, tax duties, and any relevant financial information processing. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to payroll processing and team collaboration. Let us know why you’re excited about joining StudySmarter!
Show Off Your Analytical Skills: Since this role requires strong analytical abilities, make sure to showcase any relevant projects or experiences where you've used these skills. Whether it's problem-solving or data analysis, we want to see how you can contribute to our team!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on being part of the StudySmarter family!
How to prepare for a job interview at Cornerstone OnDemand
✨Know Your Numbers
As a Senior Payroll Analyst, you'll need to demonstrate your analytical skills. Brush up on key payroll metrics and be ready to discuss how you've used data to influence decisions in previous roles. This shows you can handle the quantitative side of the job.
✨Understand Compliance Inside Out
Familiarise yourself with local legal requirements and payroll regulations. Be prepared to discuss how you've ensured compliance in past positions. This will show that you’re not just about processing payroll but also about doing it right.
✨Showcase Your Leadership Skills
Since this role involves mentoring others, think of examples where you've led a team or improved processes. Highlight your ability to build relationships and communicate effectively with cross-functional teams, as this is crucial for success.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific payroll challenges, like discrepancies or compliance issues. Practise articulating your thought process and decision-making strategies, as this will demonstrate your problem-solving abilities.