At a Glance
- Tasks: Manage payroll for over 5000 employees and ensure timely, accurate payments.
- Company: Dynamic company in Central London with a hybrid working model.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Supportive environment with chances to develop your skills.
- Why this job: Join a busy team and make a real impact on employee satisfaction.
- Qualifications: Experience in payroll management and knowledge of tax laws required.
The predicted salary is between 40000 - 50000 £ per year.
Our client is seeking an experienced Assistant Payroll Manager to join their busy team on a permanent basis.
Duties include:
- Manage and oversee the end-to-end monthly payroll process for over 5000 employees using the Midland i-Trent payroll system.
- Ensure employees are paid accurately and on time.
- Process salaries, bonuses, overtime, commissions, and deductions.
- Processing payroll including BACS payments, FPS & EPS.
- Completing monthly reports and reconciliations.
- Ensure payroll complies with tax laws, employment regulations, and company policies.
- Stay up to date with changes in payroll legislation (e.g., tax rates, pension rules, statutory payments).
- Handle statutory reporting (e.g., HMRC submissions in the UK, RTI).
- Calculate and process Tax & NI contributions.
- Pension contributions - LGPS, TPS and complex pension scheme management.
- Processing other deductions (benefits, student loans, etc.).
- Ensure correct remittance to authorities and third parties.
- Manage Midland i-Trent payroll software systems and integrations with HR/finance systems.
- Maintain accurate employee data and records.
- Implement system upgrades or process improvements.
- Supervise and support payroll team members.
- Provide training and guidance on payroll procedures.
Assistant Payroll Manager in London employer: Hays
Our client is an exceptional employer, offering a dynamic work environment in the heart of Central London, where hybrid working fosters a healthy work-life balance. With a strong commitment to employee development, they provide ample opportunities for growth and training within a supportive team culture, ensuring that every member feels valued and empowered. Joining this company means being part of a forward-thinking organisation that prioritises compliance and innovation in payroll management, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Payroll Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Hays. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Payroll Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hays.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hays's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hays
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hays.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Hays will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Hays employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
