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For Companies At a Glance
- Tasks: Manage payroll processing and reporting for local and expatriate employees.
- Company: Join a leading banking group in Italy with a strong commitment to sustainability.
- Benefits: Inclusive culture, career growth opportunities, and a chance to make a real impact.
- Why this job: Be part of an innovative team that values your contributions and fosters personal development.
- Qualifications: 5-7 years in payroll management with strong analytical skills and Excel proficiency.
- Other info: Dynamic work environment with a focus on employee well-being and empowerment.
The predicted salary is between 48000 - 72000 £ per year.
Scope and Purpose
Ensure timely and accurate delivery of monthly outsourced payroll processing for ISP London – Local, Expatriates Inbound and Outbounds (modified payroll) – in collaboration with external service provider, providing the necessary information and monitoring their deliverables. Coordination and delivery of any required quarterly (directors) payroll processing for outsourced Group company assigned. Prepare the list of monthly transactions for all relevant payroll processes and maintain tracker for all payroll input as well as HMRC annual/monthly reporting. Verify the correctness of data to be processed by payroll provider in adherence with contractual and/or agreed terms in place from time to time. Maintain accurate and updated payroll records (incl. Head Office approvals when relevant, expatriates reimbursement requests, ad hoc items, monthly reporting, etc.). Act as main point of contact for payroll processing with external payroll provider. Support on various employees’ payroll queries, when forwarded ensuring prompt response from the payroll service provider (in line with the service agreement). Responsible for directly answering payroll related queries when not in the scope of payroll service provider. Collect data for payroll related reporting including but not limited to P11Ds for local and modified payroll and PSA reporting, ERS, Appendix 7b/7a etc. Oversee and ensure accuracy and timely delivery of all post payroll reporting – Bookkeeping, Costing Report, Employee Listing etc. Liaise with HR Accounting and Admin Specialist as well as Accounting Dept for all payroll related entries on Nostro and other Internal (eg Armovp) reports. Collect information for payroll audits for ISP and any other assigned group company. Maintain up to date knowledge of statutory and regulatory rules relevant to the HR payroll processing and reporting obligations.
PERSONNEL COST MONITORING & FORECAST
Manage and execute the process of reimbursement of Personnel Cost from/to Head Office or other Group legal entities as relevant, preparing internal memos and invoices to be processed. Keep track of monthly personnel direct and indirect cost, in collaboration with Accounting dept. Produce a quarterly/ad hoc overview of personnel cost changes, highlighting reason for changes and trends. Produce forecast of personnel costs on a quarterly/ad hoc basis (or on request, as needed) in collaboration with the HR manager.
REPORTS
Produce and issue the following reports: Prepare and deliver the compensation and benefits reporting as per Head Office (HO) requests. Prepare and provide accurate personnel data reports for insurances/benefits renewal. Act as back-up for the monthly issuing of relevant accounting (LS2) report to Head Office (re. personnel cost of Governance functions). Provide personnel and benefit information/data for analysis as required.
GENERAL ADMIN
Review and update the HR Manual for the activities carried out every six months/as required and relevant, providing relevant information to the HR Manager for the final approval of the Manual. General HR admin activities as assigned, when needed.
Required Experience
Minimum of 5-7 year working experience in end-to-end payroll and coordination with outsourced payroll function, dealing with both UK local and Modified (inbound and outbound) payroll. Experience in providing data for payroll related reports for HMRC, including PSA, P11Ds, ERS, Appendix 7A/7B. HR data reporting experience (e.g. personnel cost, benefits, compensation).
Required Qualifications, Skills and Knowledge
Financial background preferred. Analytical skills and structured approach. Advanced knowledge of Microsoft Excel, Word & Power Point. Able to deliver high work standards, proactive and committed in all aspects of the role. Good communication and organizational skills. Hands‑on approach, precision and ability to organize the work with a delivery oriented and deadline approach. Extensive knowledge of modified payroll. In depth technical knowledge of UK payroll and related regulations.
About us
We are the leading banking group in Italy and one of the Top Tier in Europe. Join us and be part of our successful story! With over 20 million customers in Italy and abroad, we are a true engine of sustainable growth, with a strong commitment to the environment and a tangible impact on society. People are our driving force. We take care of them and foster an inclusive culture where everyone feels valued and empowered. Join an international and innovative Group. Don’t wait for the future, choose it!
We guarantee an inclusive and equal environment. We will consider all applicants regardless of race, religion, sexual orientation, gender identity, marital status, national origin, age, disability, or any other protected category in compliance to D.lgs. 198/2006, 215/03 and 216/03. For the evaluation of the application, the data will be processed by Intesa Sanpaolo S.p.A.as Data Controller. We invite you to review the dedicated Privacy Information Notice for more details.
IMI CIB_Payroll & HR Reporting Senior Specialist - Vice President in City of London employer: Intesa Sanpaolo
Contact Detail:
Intesa Sanpaolo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IMI CIB_Payroll & HR Reporting Senior Specialist - Vice President in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and the role thoroughly. We recommend practising common interview questions and even doing mock interviews with friends or family. The more prepared you are, the more confident you’ll feel when it’s time to shine!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your appreciation and keeping you top of mind. We suggest mentioning something specific from the interview to make it personal and memorable.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications this way!
We think you need these skills to ace IMI CIB_Payroll & HR Reporting Senior Specialist - Vice President in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Payroll & HR Reporting Senior Specialist. Highlight your experience with payroll processing, especially with outsourced functions, and any relevant qualifications that match the job description.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past experiences in payroll management and how they align with our needs. Don’t forget to show your enthusiasm for joining our team!
Showcase Your Skills: We want to see your analytical skills and proficiency in tools like Excel. Include any relevant projects or tasks where you’ve demonstrated these abilities, especially in relation to payroll reporting and compliance.
Apply Through Our Website: For the best chance of success, make sure to apply through our website. This way, we can easily track your application and ensure it reaches the right people. Plus, it shows you’re serious about joining us!
How to prepare for a job interview at Intesa Sanpaolo
✨Know Your Payroll Inside Out
Make sure you brush up on your knowledge of UK payroll regulations and processes. Be ready to discuss your experience with both local and modified payroll, as well as any specific HMRC reporting you've handled. This will show that you're not just familiar with the basics but have a solid grasp of the complexities involved.
✨Showcase Your Analytical Skills
Prepare examples of how you've used analytical skills in your previous roles, especially in relation to payroll data reporting and personnel cost forecasting. Think about specific challenges you faced and how you overcame them. This will demonstrate your structured approach and problem-solving abilities.
✨Communicate Clearly and Confidently
Since you'll be the main point of contact for payroll processing, practice articulating your thoughts clearly. Prepare to answer questions about how you handle payroll queries and ensure prompt responses from service providers. Good communication is key, so be ready to showcase your organisational skills.
✨Be Proactive and Detail-Oriented
During the interview, highlight instances where your proactive approach made a difference in your previous roles. Discuss how you maintain accurate payroll records and track personnel costs. Employers love candidates who can demonstrate precision and a commitment to high work standards.
