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- Tasks: Join our team to manage payroll for 1,500 employees and ensure smooth operations.
- Company: FTI Consulting, a leading expert-driven consulting firm with a collaborative culture.
- Benefits: Competitive salary, flexible benefits, wellness initiatives, and professional development opportunities.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: Experience in UK payroll processing and strong attention to detail required.
- Other info: Join a diverse team and enjoy excellent career growth opportunities.
The predicted salary is between 36000 - 60000 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 sideâbyâside 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.
We have an opening for a Senior Payroll Specialist to join us on a fixedâtermâcontract for ~12 months. The Senior Payroll Specialist is a support role within the EMEA payroll team that reports to the Payroll Director. The Senior Payroll Specialist will assist in all aspects of the monthly payroll processing, we are an inâhouse processing payroll on the ADP IHCM NGUX Platform, 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.)
- Manually calculate PAYE and NI calculations, Gross to Net
- Prepare and issue Maternity Pay Schedules
- Calculate SSP, SMP, SAP, SPP & SHPP
- Prepare and review the monthly payroll reconciliations and control reports
- Issue the monthly payroll files to Senior Management for approval and payroll sign off
- Produce final payroll reports to enable the Management Accounting Team to post the monthly payroll journal
- Manage the reconciliation of pensions and upload to Scottish Widows
- Manage 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
- Management 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 onâtheâjob learning, selfâguided 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 fastâpaced environment
- Open minded and positive attitude
Basic Skills and Qualifications
- Several years of payroll experience in the UK, with processing volumes of 800+
- Experience of dealing with payrolls from start to finish in an inâhouse 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 (vâlook ups & Pivots)
Preferred Skills and Qualifications
- System knowledge of ADP IHCM is preferred
- Professional services industry experience is preferred
- Experience of processing Shadow Payroll is preferred
- Experience of processing Partnership (LLP) payroll is preferred
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.
Senior Payroll Specialist (FTC) Finance & Accounting Core Operations in London employer: FTI Consulting, Inc
Contact Detail:
FTI Consulting, Inc Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Senior Payroll Specialist (FTC) Finance & Accounting Core Operations in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world, especially those who work at FTI Consulting. A friendly chat can sometimes lead to insider info about job openings or even a referral.
â¨Tip Number 2
Prepare for the interview by researching FTI Consulting's culture and values. We want to see how you can fit into our collaborative environment, so think of examples from your past that showcase your teamwork and problem-solving skills.
â¨Tip Number 3
Practice common interview questions related to payroll processing and legislation. We love candidates who can demonstrate their knowledge of PAYE, NI calculations, and other payroll specifics, so brush up on those details!
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows us youâre genuinely interested in joining our team at FTI Consulting.
We think you need these skills to ace Senior Payroll Specialist (FTC) Finance & Accounting Core Operations in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Senior Payroll Specialist role. Highlight your relevant experience, especially with payroll processing and legislation. 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 this role and how you can contribute to our team. Keep it concise but impactful â we love a good story!
Show Off Your Attention to Detail: In payroll, details matter! When filling out your application, double-check for any typos or errors. This shows us that you take pride in your work and understand the importance of accuracy.
Apply Through Our Website: We encourage you to apply directly through our website. Itâs the best way to ensure your application gets into the right hands. Plus, it makes it easier for us to keep track of all the amazing candidates like you!
How to prepare for a job interview at FTI Consulting, Inc
â¨Know Your Payroll Stuff
Make sure you brush up on your payroll knowledge, especially around PAYE, NI calculations, and the various types of leave like SSP and SMP. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can handle the complexities of payroll processing.
â¨Show Off Your Organisation Skills
Since this role involves tight deadlines and managing a lot of data, be prepared to share examples of how you've successfully organised and prioritised tasks in previous roles. Use specific instances where your methodical approach made a difference in meeting deadlines or improving processes.
â¨Communicate Clearly
Excellent communication is key in this role, so practice articulating your thoughts clearly and concisely. Think about how you would explain complex payroll concepts to someone without a finance background. This will demonstrate your ability to liaise effectively with internal clients and team members.
â¨Be Ready for Scenario Questions
Prepare for scenario-based questions that might test your problem-solving skills in payroll situations. For instance, think about how you would handle discrepancies in payroll data or how you'd ensure compliance with current legislation. Having a few examples ready will help you stand out as a proactive candidate.
