At a Glance
- Tasks: Manage end-to-end UK payroll and ensure accuracy and compliance.
- Company: Leading financial services organisation with a focus on employee welfare.
- Benefits: Competitive salary, contract to permanent role, and career development opportunities.
- Other info: Fast-paced environment with opportunities for system enhancements and process improvements.
- Why this job: Join a dynamic team and make a real impact on payroll processes.
- Qualifications: Experience in UK payroll and strong knowledge of legislation required.
The predicted salary is between 49500 - 60500 £ per year.
A leading financial services organisation is seeking an experienced UK Payroll Specialist to take ownership of the end-to-end payroll process for its UK employee population.
This is a hands-on role requiring a payroll professional who has operated payroll directly rather than solely managing an outsourced provider. The successful candidate will be responsible for ensuring payroll is processed accurately, compliantly and on time, while partnering with HR, Finance and external stakeholders where required.
Key Responsibilities
- Manage and process monthly UK payroll from start to finish.
- Maintain payroll records and ensure all employee data is accurate and up to date.
- Process salary changes, bonuses, benefits, pensions, statutory payments and deductions.
- Calculate and validate payroll data, ensuring accuracy prior to payroll submission.
- Reconcile payroll reports and resolve any discrepancies.
- Manage payroll-related queries from employees and stakeholders.
- Ensure compliance with UK payroll legislation, including PAYE, National Insurance, Pensions Auto-Enrolment, HMRC reporting and statutory requirements.
- Produce payroll journals and support month-end finance processes.
- Liaise with HR and Finance teams to ensure accurate employee and compensation data.
- Support year-end payroll activities including P60s, P11Ds and audit requirements.
- Identify opportunities to improve payroll controls, processes and reporting.
- Assist with system enhancements, testing and payroll-related projects.
Required Experience
- Proven experience running end-to-end UK payroll within a medium to large organisation.
- Strong knowledge of UK payroll legislation and HMRC requirements.
- Experience processing payroll internally rather than purely managing an outsourced payroll relationship.
- Strong reconciliation, reporting and problem-solving skills.
- Ability to work accurately under pressure and meet strict payroll deadlines.
Technical Skills
- Strong experience using Oracle Payroll/Oracle HCM.
- Advanced Microsoft Excel skills including:
- VLOOKUP/XLOOKUP
- Pivot Tables
- Complex formulas and reconciliations
- Data manipulation and validation
- Experience working with payroll interfaces, reporting tools and large employee datasets.
Payroll and Compensation Specialist employer: Eximius Group Limited
Eximius Group Limited offers a dynamic work environment where payroll professionals can take ownership of the end-to-end payroll process. The company emphasizes accuracy and compliance in payroll processing, providing opportunities for collaboration with HR and Finance teams. Employees benefit from a hands-on role that fosters professional growth and development in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll and Compensation Specialist
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Eximius Group Limited.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Eximius Group Limited might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Payroll and Compensation Specialist
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Eximius Group Limited will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Eximius Group Limited. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Eximius Group Limited confidence in your short-term commitment to the role.
How to prepare for a job interview at Eximius Group Limited
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Eximius Group Limited.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Eximius Group Limited that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
