Assistant Analyst, Payroll in London

Assistant Analyst, Payroll in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support payroll operations and ensure accurate employee benefits management.
  • Company: Join a pioneering international organisation focused on sustainability and diversity.
  • Benefits: Flexible working, diverse culture, and opportunities for professional growth.
  • Other info: Collaborate with experts across various sectors and enjoy a vibrant workplace.
  • Why this job: Make a real impact on people's lives while developing your skills in a dynamic environment.
  • Qualifications: Experience in payroll and strong analytical skills required.

The predicted salary is between 36000 - 60000 £ per year.

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The Assistant Analyst, Payroll is accountable for the consistent execution of the Bank’s complex HR pay and benefits policies and procedures. The Assistant Analyst , Payroll will tackle the majority of day-to-day operational issues in collaboration with the Analyst, Associate, Payroll and Principal, Payroll.

The Assistant Analyst, Payroll is output driven and must work within strict deadlines to ensure that these are met. The role is primarily focussed on the delivery of all payroll and benefit related aspects of an employee's contract of employment. The will enter and validate information in the Bank’s payroll system related to the employees’ contractual terms and conditions and all relevant benefits.

Accountabilities & Responsibilities

  • Validate and administer all Benefit Claims, providing advice and clarification on associated policies. Investigation of anomalies, offering solutions and making judgement calls where necessary.
  • Accountable for the data entered into SAP for all Joiners, Movers and Leavers (JML) activity and other lifecycle changes ensuring all benefits entered are in accordance with EBRD policies. Monitoring data quality and ensuring that monthly payroll is accurate and all employees are paid correctly
  • Ensure that recent changes to payroll processes are fully understood and actioned to a high standard as per any new policy guidance.
  • Acting as a COE to provide advice and guidance to staff and key stakeholders, such as HROD on all aspects of leave linked to payroll, including but not limited to maternity leave and working incapacity
  • Validation of Retirement Plan calculations to determine leaving entitlements
  • Production of HQ and RO monthly payrolls following strict audit controls.
  • Analysis of errors and omissions and investigation of the same to resolution.
  • Preparation of associated payroll recharges and journals
  • Preparation of multi-currency monthly reconciliations of payroll related accounts, including analysis of all payroll transactions to provide justification to Financial Controllers where necessary
  • Work in an advisory capacity on policy changes, recommending and implementing enhancements to improve and support the process delivery This includes having in-put to and maintaining KBAs on the Ask HR Portal.
  • Liaison with a multitude of third party service providers such as medical insurance, retirement plan administrator and other benefit providers analysing and producing accurate monthly data in accordance with agreed SLA’s
  • Assist with the implementation of improvements identified which support ways of working more efficiently e.g. the use of DocuSign forms to automate processes.
  • Identifies issues and controls that are failing and assist with implementing changes which eliminates risk

Knowledge, Skills, Experience & Qualifications

  • Proven professional international payroll experience, preferably gained in the financial services sector
  • Strong system skills including bespoke payroll applications, preferably SAP and Swift
  • Excellent planning and organising and the ability to be able to prioritise work independently
  • Deadline Driven
  • Experience of data analysis tools and processes
  • Experience of working within a team environment
  • Excellent attention to detail, delivering highly accurate work
  • Strong partnership, influencing, problem solving and client orientation skills to enable positive engagement with stakeholders throughout the Bank
  • Excellent communications skills, responding flexibly and promptly to stakeholders needs using outstanding interpersonal skills
  • Ability to exercise judgement and deal discreetly with sensitive situations and confidential information
  • Fluency in English, both written and oral
  • Experience of working in a multi‑national enviroment with a dispersed

What is it like to work at the EBRD? / About EBRD

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in.

At EBRD, our Values – Inclusiveness, Innovation, Trust, and Responsibility – are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.

The EBRD environment provides you with:

  • Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in.
  • A working culture that embraces inclusion and celebrates diversity. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
  • A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
  • An environment that places sustainability, equality and digital transformation at the heart of what we do.
  • A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.

Diversity is one of the Bank’s core values which are at the heart of everything it does. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, gender identity, sexual orientation, age, socio-economic background or disability.

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).

Job Segment: Payroll, Sustainability, Data Analyst, Bank, Banking, Finance, Data, Energy

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Assistant Analyst, Payroll in London employer: European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development is an exceptional employer, offering a dynamic work culture that prioritises employee well-being and professional growth. Located in the vibrant city of London, we provide comprehensive training opportunities and a supportive environment where your contributions to health and safety initiatives are valued. Join us to make a meaningful impact while enjoying the benefits of working in a diverse and inclusive organisation.

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Contact Details:

European Bank for Reconstruction and Development Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Analyst, Payroll in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and role thoroughly. Understand their values and how your skills align with their needs. This will help you stand out and show that you're genuinely interested.

Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Assistant Analyst, Payroll in London

Payroll Administration
SAP
Data Validation
Benefit Claims Management
Data Analysis
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Assistant Analyst, Payroll role. Highlight your relevant experience in payroll and benefits, and don’t forget to mention any specific software skills, like SAP, that you have.

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. Mention your attention to detail and ability to meet deadlines, as these are key for the position.

Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled operational issues in the past. This will show us that you can handle the day-to-day challenges of the role effectively.

Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to us!

How to prepare for a job interview at European Bank for Reconstruction and Development

Know Your Payroll Basics

Make sure you brush up on your payroll knowledge, especially around HR pay and benefits policies. Familiarise yourself with terms like Joiners, Movers, and Leavers (JML) as well as the importance of data accuracy in payroll systems like SAP.

Showcase Your Attention to Detail

Since this role requires high accuracy, be prepared to discuss examples from your past where your attention to detail made a difference. Bring up any experiences where you identified errors or improved processes, as this will demonstrate your capability to handle sensitive information.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific payroll scenarios, such as resolving discrepancies or advising on benefit claims. Practise articulating your thought process clearly, as this will show your problem-solving skills and ability to work under pressure.

Understand the Company Culture

Research the EBRD's commitment to diversity and inclusion. Be ready to discuss how you can contribute to this culture and why it matters to you. Showing that you align with their values will set you apart from other candidates.