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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 working, 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 committed to your professional growth and wellbeing.
The predicted salary is between 36000 - 60000 £ 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.
We have an opening for a Senior Payroll Specialist to join us on a fixed-term contract 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 in-house 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 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 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 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
- Good working knowledge of GL coding/costings
- 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 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
Total Wellbeing
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.
Equity Statement
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 Specialist, Payroll, UK | Finance & Accounting | Core Operations employer: FTI Consulting, Inc
Contact Detail:
FTI Consulting, Inc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Specialist, Payroll, UK | Finance & Accounting | Core Operations
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Senior Payroll Specialist role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching FTI Consulting and their payroll processes. Familiarise yourself with ADP IHCM NGUX and current payroll legislation. This will show you're genuinely interested and ready to hit the ground running.
✨Tip Number 3
Practice your communication skills! Since this role involves liaising with various teams, being able to articulate your thoughts clearly is key. Try mock interviews with friends or use online resources to sharpen your skills.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the FTI Consulting team. Let's get you that dream job!
We think you need these skills to ace Senior Specialist, Payroll, UK | Finance & Accounting | Core Operations
Some tips for your application 🫡
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, to show us you’re the right fit for our team.
Craft a Compelling Cover Letter: Your cover letter should tell us why you want to join FTI Consulting and how your skills align with our needs. Be genuine and let your personality shine through – we love to see enthusiasm!
Showcase Your Attention to Detail: In payroll, attention to detail is key! Use your application to demonstrate how you've successfully managed complex payroll tasks in the past. We want to see that you can handle the nitty-gritty!
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!
How to prepare for a job interview at FTI Consulting, Inc
✨Know Your Payroll Stuff
Make sure you brush up on your payroll knowledge, especially around PAYE, NI calculations, and the various types of statutory pay. FTI Consulting is looking for someone who can hit the ground running, so being able to discuss these topics confidently will show that you're prepared.
✨Show Off Your Organisation Skills
Since this role involves processing payroll for around 1,500 employees, it's crucial to demonstrate your strong organisational skills. Be ready to share examples of how you've managed tight deadlines and prioritised tasks in previous roles.
✨Communicate Clearly
Excellent communication is key in this position. Practice articulating your thoughts clearly and concisely, both verbally and in writing. You might be asked to explain complex payroll concepts, so being able to simplify them will be a big plus.
✨Be a Team Player
FTI Consulting values collaboration, so be prepared to discuss how you've worked effectively within a team. Share specific examples of how you've built relationships with colleagues and contributed to a positive team environment.
