Payroll Officer in London

Payroll Officer in London

London Full-Time 40000 - 50000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage payroll for 760 employees and ensure compliance with UK legislation.
  • Company: Leading global bank in Central London with a collaborative HR team.
  • Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Dynamic role with opportunities for process improvements and system enhancements.
  • Why this job: Join a fast-paced environment and make a real impact on payroll operations.
  • Qualifications: 3+ years payroll experience and strong knowledge of UK payroll legislation.

The predicted salary is between 40000 - 50000 £ per year.

A leading global bank based in Central London is seeking an experienced Payroll Officer to join its HR Operations team on a temp-to-perm basis. This is a critical hire within a small, collaborative HR function and would suit someone who enjoys operating in a fast-paced, hands-on environment with broad exposure across the business.

The successful candidate will take ownership of end-to-end payroll operations for approximately 760 employees, with additional oversight across international payroll activities. The role requires a proactive individual with strong technical payroll knowledge, excellent attention to detail, and a willingness to "roll their sleeves up" within a highly visible open-office environment.

Key Responsibilities
  • Manage the end-to-end monthly payroll cycle, ensuring accurate and timely salary payments, bonuses, overtime, deductions, and adjustments.
  • Ensure compliance with all UK payroll legislation including HMRC regulations, National Insurance, Auto Enrolment pensions, SSP, SMP, PSA and P11D reporting.
  • Maintain payroll records and employee data in line with GDPR and internal controls.
  • Process and reconcile payroll journals, bank payments, payroll accounts and general ledger entries.
  • Support month-end payroll accounting activities including balance sheet reconciliations.
  • Manage payroll-related submissions including RTI, year-end reporting and statutory filings.
  • Handle payroll queries efficiently, resolving discrepancies in a timely manner.
  • Administer employee benefits processing including season ticket loans, childcare vouchers and bike-to-work schemes.
  • Support pension administration and liaise with pension providers and HMRC.
  • Assist with payroll audits, Head Office reporting requirements and ongoing compliance activity.
  • Work closely with HR, Finance and external tax advisors on global mobility and assignee matters.
  • Contribute to payroll process improvements, automation initiatives and system enhancements.
Candidate Requirements
  • Minimum 3 years' payroll experience within financial services, banking, insurance or a similarly regulated environment.
  • Proven experience managing end-to-end payroll processes independently.
  • Strong understanding of UK payroll legislation and employment taxes.
  • Experience with PSA, P11Ds and benefits processing.
  • Exposure to international payrolls or global mobility arrangements is highly desirable, particularly across Europe or APAC.
  • Strong Excel skills including VLOOKUPs, pivot tables and data manipulation.
  • Experience using payroll systems such as SDWorx, Sage, ADP or similar platforms.
  • Understanding of payroll accounting, journals and reconciliations.
  • CIPP qualification (completed or studying towards) beneficial.
  • Excellent communication skills with the confidence to engage across teams and senior stakeholders.
  • Highly organised, resilient and comfortable working in a busy open-plan environment with frequent interruptions.
Personal Attributes
  • Strong attention to detail and high level of accuracy.
  • Proactive and solutions-focused approach.
  • Collaborative and team-oriented mindset.
  • Comfortable navigating ambiguity and shifting priorities.
  • High level of integrity and confidentiality.
  • Driven to improve processes and deliver quality outcomes.
  • Able to build strong working relationships across HR, Finance and Operations.
Working Arrangements & Interview Process

Hybrid working model: 3 days in the office / 2 days from home.

Payroll Officer in London employer: G-NIUS | Powered by Goodman Masson

Join a leading global bank in Central London as a Payroll Officer, where you will thrive in a dynamic and collaborative HR Operations team. Enjoy the benefits of hybrid working, a supportive work culture that values employee growth, and the opportunity to make a significant impact on payroll processes for a diverse workforce. With a focus on innovation and continuous improvement, this role offers a rewarding environment for those looking to advance their careers in financial services.

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Contact Details:

G-NIUS | Powered by Goodman Masson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Payroll Officer in London

Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work in payroll or HR. A friendly chat can lead to insider info about job openings that might not even be advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your technical payroll knowledge. Be ready to discuss UK payroll legislation and your experience with end-to-end payroll processes. We want you to shine and show them you’re the perfect fit!

Tip Number 3

Don’t forget to showcase your Excel skills! Bring examples of how you've used VLOOKUPs and pivot tables in past roles. This will demonstrate your ability to handle payroll data efficiently, which is crucial for the role.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us.

We think you need these skills to ace Payroll Officer in London

End-to-End Payroll Management
UK Payroll Legislation Knowledge
Attention to Detail
Payroll Systems Experience (SDWorx, Sage, ADP)
Excel Skills (VLOOKUPs, Pivot Tables)
Payroll Accounting and Reconciliations
Benefits Processing (PSA, P11Ds)

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Payroll Officer role. Highlight your experience with end-to-end payroll processes and any specific payroll systems you've used. We want to see how your skills match what we're looking for!

Show Off Your Attention to Detail:In your application, emphasise your strong attention to detail. Mention specific examples where your accuracy made a difference in payroll operations. This is crucial for us, especially in a fast-paced environment like ours.

Be Proactive in Your Cover Letter:Use your cover letter to showcase your proactive approach. Talk about how you've improved payroll processes in the past or tackled challenges head-on. We love candidates who take initiative and can roll their sleeves up!

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 shows you're keen on joining our team at StudySmarter!

How to prepare for a job interview at G-NIUS | Powered by Goodman Masson

Know Your Payroll Stuff

Make sure you brush up on your UK payroll legislation and employment taxes. Be ready to discuss specifics like HMRC regulations, P11Ds, and benefits processing. Showing that you have a solid grasp of these topics will impress the interviewers.

Show Off Your Excel Skills

Since strong Excel skills are a must for this role, prepare to demonstrate your proficiency. Practice using VLOOKUPs, pivot tables, and data manipulation techniques. You might even be asked to solve a problem on the spot, so be ready!

Be Proactive and Solutions-Focused

The role requires a proactive mindset, so think of examples where you've improved processes or solved payroll issues in the past. Share specific instances that highlight your ability to navigate challenges and deliver quality outcomes.

Engage with Confidence

This position involves working closely with various teams, so practice your communication skills. Be prepared to discuss how you've collaborated with HR, Finance, or external advisors in previous roles. Confidence in your ability to engage with stakeholders will set you apart.