At a Glance
- Tasks: Manage payroll for 760 employees and ensure compliance with UK legislation.
- Company: Join a leading global bank in Central London with a collaborative HR team.
- Benefits: Competitive pay, hybrid working, and opportunities for professional growth.
- Other info: Dynamic role with opportunities for process improvements and system enhancements.
- Why this job: Be part of a fast-paced environment and make a real impact on payroll operations.
- Qualifications: 3+ years payroll experience and strong knowledge of UK payroll legislation required.
The predicted salary is between 67000 - 67000 £ per year.
Central London | Hybrid Working (3 days office / 2 home) £280–310 per day PAYE (c.£67k permanent equivalent) 6-Month Temp to Perm Opportunity
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 - Goodman Masson in London employer: Goodman Masson
Goodman Masson is an exceptional employer that fosters a collaborative and dynamic work culture in the heart of Central London. With a hybrid working model, employees enjoy the flexibility of balancing office and home life while engaging in meaningful payroll operations for a leading global bank. The company prioritises employee growth through exposure to diverse payroll processes and compliance activities, making it an ideal environment for those seeking to enhance their skills and advance their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Officer - Goodman Masson in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and payroll sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the hiring process.
✨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. Show them you know your stuff and can handle the nitty-gritty!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Payroll Officer gig! We’re all about making connections and helping you find the right fit, so don’t miss out on the opportunity to showcase your skills directly.
We think you need these skills to ace Payroll Officer - Goodman Masson in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Payroll Officer role. Highlight your relevant experience in payroll processes, compliance with UK legislation, and any specific systems you've used. 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 the perfect fit for this role. Mention your proactive approach and how you’ve successfully managed payroll operations in the past. Let us know what excites you about joining our team!
Show Off Your Attention to Detail:In payroll, accuracy is key! When writing your application, make sure there are no typos or errors. This shows us that you have the attention to detail we need for managing payroll records and compliance.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Goodman Masson
✨Know Your Payroll Stuff
Make sure you brush up on your UK payroll legislation and employment taxes. Familiarise yourself with terms like PSA, P11Ds, and the end-to-end payroll process. Being able to discuss these confidently will show that you're not just a candidate, but a knowledgeable professional ready to take on the role.
✨Show Off Your Excel Skills
Since strong Excel skills are a must for this position, practice using VLOOKUPs, pivot tables, and data manipulation techniques. You might even want to prepare a few examples of how you've used these skills in past roles to impress your interviewers.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around payroll discrepancies or compliance issues. Think of specific situations from your previous experience where you successfully resolved challenges, as this will demonstrate your proactive and solutions-focused approach.
✨Demonstrate Your Collaborative Spirit
This role requires working closely with HR, Finance, and external advisors, so be prepared to discuss how you've built strong working relationships in the past. Share examples of teamwork and collaboration, highlighting your ability to engage with various stakeholders effectively.