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- Tasks: Join our team to process payroll for 1,500 employees and support administrative functions.
- Company: FTI Consulting, a leading expert-driven consulting firm with a collaborative culture.
- Benefits: Flexible working, competitive salary, wellness initiatives, and professional development opportunities.
- Other info: Enjoy a supportive atmosphere with mentorship and growth opportunities.
- Why this job: Make a real impact in a dynamic environment while developing your skills.
- Qualifications: Experience in UK payroll processing and strong attention to detail required.
The predicted salary is between 30000 - 40000 ÂŁ per year.
FTI Consulting is the world’s leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world’s leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.
At FTI Consulting, you’ll work side‑by‑side with leaders who have shaped history, helping solve the biggest challenges making headlines today. From day one, you’ll be an integral part of a focused team where you can make a real impact. You’ll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you. Are you ready to make your impact?
About The Role
We have an opening for a Payroll Specialist to join us on a fixed‑term‑contract for ~12 months. The Payroll Specialist is a support role within the EMEA payroll team that reports to the UK Payroll Manager. The Payroll Specialist will assist in all aspects of the monthly payroll processing, as well as supporting other administrative functions within the team.
What You’ll Do
- Contribute to the processing of FTI UK Payroll for approx. 1,500 UK employees monthly
- Collate and process all UK payroll data into ADP IHCM NGUX, (Starters, Leavers, Benefits, Bonuses, Overtime, Pensions etc.)
- Attention to detail in sense checking all payroll input data is complete & correct
- Manually calculate PAYE and NI calculations, Gross to Net as needed
- Prepare and issue Maternity Pay Schedules
- Calculate SSP, SMP, SAP, SPP & SHPP
- Assist in the checking and validating of all data entered into ADP
- Issue the monthly payroll files to Senior Management for approval and payroll sign off
- Assist in the production of final payroll reports to enable the Management Accounting Team to post the monthly payroll journal
- Assist in the reconciliation of pensions and upload to Scottish Widows
- Assist in the preparations of the monthly reconciliations for payments to HMRC and other third parties
- Act as a backup to other EMEA colleagues and process other payrolls as required
- Provide earnings data to the Global Mobility team as required
- Maintain an understanding of current payroll legislation: RTI and Auto Enrolment
- Prepare and submit monthly ONS data
- Preparation of the Modified Payroll Process P11D’s
- Liaise with and maintain good relationships with internal clients on a daily basis – Employees, Benefits team, Finance, HR, HMRC, Pension Provider, Childcare Vouchers, etc.
How You’ll Grow
We are committed to investing and supporting you in your professional development and we have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on‑the‑job learning, self‑guided professional development courses and certifications. You’ll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth. As you progress through your career at FTI Consulting, we offer tailored programs for critical professional milestones to ensure you are prepared and empowered to take on your next role.
What You Will Need to Succeed
- Experience of working to tight deadlines
- Strong organisation skills and methodical mindset
- Excellent communication skills, both written and verbal
- Strong attention to detail is essential
- Ability to prioritise, manage time and work effectively
- Strong team player in an environment of professionals
- Experience of working in a fast‑paced environment
- Open minded and positive attitude
Basic Qualifications
- Payroll experience in the UK, with processing volumes of 800+
- Experience of dealing with payrolls from start to finish in an in‑house processing environment
- Ability to manually calculate PAYE and NI calculations, Gross to Net
- In depth knowledge of statutory legislation in relation to: SSP, SMP, SAP, SPP & SHPP
- Experience processing P11D’s and modified payroll
- Solid understanding of current pension legislation
- In depth understanding of all aspects of parental leave, including Alabaster
- Strong proficiency in MS Office, critically Excel (v-look ups & Pivots)
Preferred Qualifications
- System knowledge of ADP IHCM
- Professional services industry experience
- Experience of processing Shadow Payroll
- Experience of processing Partnership (LLP) payroll
Our goal is to support the wellbeing of you and your families‑physically, emotionally, and financially. We offer market competitive benefits (including pension), supplemented by 15 flexible benefits, to meet your needs. These include health, lifestyle and family friendly options. We also offer professional development programme, wellness, recognition, community volunteering initiatives, and flexible/hybrid working arrangements.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
Payroll Specialist (Fixed-Term Contract) | Finance & Accounting in London employer: FTI Consulting, Inc
Contact Detail:
FTI Consulting, Inc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Specialist (Fixed-Term Contract) | Finance & Accounting in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world, especially those who might know about openings at FTI Consulting. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching FTI Consulting’s culture and values. We want to see how you can fit into our collaborative environment, so think about examples from your past experiences that showcase your teamwork and attention to detail.
✨Tip Number 3
Practice your responses to common payroll-related questions. Brush up on your knowledge of PAYE, NI calculations, and statutory legislation. Being able to discuss these confidently will show us you’re ready to hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining our team at FTI Consulting.
We think you need these skills to ace Payroll Specialist (Fixed-Term Contract) | Finance & Accounting in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll Specialist role. Highlight your relevant experience, especially with payroll processing and any specific software like ADP IHCM. 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 passionate about payroll and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: Since attention to detail is crucial in payroll, make sure to highlight examples from your past work where you've demonstrated this skill. We want to know how you ensure accuracy in your tasks!
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’s super easy – just follow the prompts!
How to prepare for a job interview at FTI Consulting, Inc
✨Know Your Payroll Basics
Before the interview, brush up on your knowledge of payroll processes, especially those relevant to the UK. Be ready to discuss PAYE, NI calculations, and statutory leave entitlements like SSP and SMP. This will show that you’re not just familiar with the terms but can apply them practically.
✨Showcase Your Attention to Detail
Since attention to detail is crucial in payroll processing, prepare examples from your past work where your meticulousness made a difference. Whether it was catching an error or ensuring compliance with legislation, these anecdotes will highlight your suitability for the role.
✨Demonstrate Your Team Spirit
FTI Consulting values collaboration, so be ready to share experiences where you worked effectively within a team. Discuss how you’ve supported colleagues in high-pressure situations or contributed to a positive team environment, showcasing your ability to thrive in a professional setting.
✨Prepare Questions About the Role
Interviews are a two-way street, so come prepared with insightful questions about the payroll team’s dynamics, challenges they face, or how they measure success. This not only shows your interest in the position but also helps you gauge if it’s the right fit for you.