Junior Payroll Analyst - UK Payroll

Junior Payroll Analyst - UK Payroll

Full-Time 28800 - 43200 £ / year (est.) Home office (partial)
LGBT Great

At a Glance

  • Tasks: Manage payroll processes and ensure compliance with UK legislation.
  • Company: Join Moody's, a leader in risk assessment and financial services.
  • Benefits: Enjoy a collaborative culture, flexible work options, and opportunities for growth.
  • Other info: Hybrid work model with potential for out-of-hours support.
  • Why this job: Be part of a dynamic team that values diversity and innovation.
  • Qualifications: 1-2 years in UK payroll; strong Excel skills and attention to detail required.

The predicted salary is between 28800 - 43200 £ per year.

At Moody\'s, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are—with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.

If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.

Skills and Competencies

  • 1-2 years of experience in UK payroll processing, ideally in a multinational or shared services environment.
  • UK Payroll Certification such as CIPP is desirable.
  • Strong understanding of UK payroll legislation, including tax regulations, National Insurance contributions, RTI reporting, and income tax withholding.
  • Analytical mindset with the ability to interpret and validate payroll data, perform reconciliations, and identify discrepancies.
  • High level of accuracy and attention to detail, with a structured and organized approach to managing deadlines.
  • Fluency in English; both written and verbal, to communicate effectively with local employees, government authorities, and internal teams.
  • Strong Excel skills, including the ability to work with formulas, pivot tables, and data validation for payroll reporting.
  • Experience in processing payrolls for other EMEA countries, supporting regional or global payroll teams would be preferred.

Education

  • Bachelor\'s degree in HR, Accounting, Finance, or related field.

Responsibilities

As part of the Global Payroll Team, Payroll Analyst will contribute to the ongoing development of the global Finance strategy. Supporting business growth in an increasingly regulated environment whilst ensuring payroll and tax are compliant across the region.
The Payroll Analyst will have the responsibility for ensuring that all salaries, associated deductions and benefits are processed/paid on a timely basis by the whole team. They will also be responsible for ensuring all statutory filings are completed and deadlines met.

Key Responsibilities:

  • Efficiently manage payroll for assigned country, ensuring the vendor is held accountable for all statutory obligations and understands Moody’s policy, procedures and culture.
  • Responsible for checking and approval of all payroll reports and payments as generated by the vendor or as produced internally.
  • Provide regular instruction to vendors and ensure they perform within the terms of the contract while adhering to agreed fees.
  • Partner with peer members to ensure that data and records are accuracies maintained and reviewed on a regular basis.
  • Execute payroll and statutory benefits program for assigned countries and ensure the existing practices are accurate and comply with local legislation and Moody’s policy requirements.
  • Maintain proper record of all confidential information according to the established guidelines.
  • Be available to employees and managers to provide operational support and guidance on local and corporate-wide payroll programs.
  • Some out of hours work or travel will be required.

About the team

The Global Payroll team delivers end-to-end payroll services across all lines of business and supports entities around the world. Our success is driven by the quality of service we provide, which is why we bring together team members with diverse backgrounds, deep expertise, and a strong understanding of global and local payroll requirements.

We are a dynamic and collaborative team, committed to accuracy, compliance, and service excellence. Our approach is professional, open, and consultative, enabling us to partner effectively with internal stakeholders and adapt to the needs of a fast-changing global environment.


#LI-Hybrid

Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
Candidates for Moody\'s Corporation may be asked to disclose securities holdings pursuant to Moody’s Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.

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Junior Payroll Analyst - UK Payroll employer: LGBT Great

LGBT Great is an exceptional employer that prioritises inclusivity and employee well-being, making it a fantastic place for professionals in the insurance sector. With a strong focus on career development, employees benefit from comprehensive training opportunities and a supportive work culture that values collaboration and innovation. Located in a vibrant area, the company also offers competitive salaries, private medical insurance, and generous annual leave, ensuring a rewarding work-life balance.

LGBT Great

Contact Details:

LGBT Great Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Payroll Analyst - UK Payroll

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.

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Apply Directly and Be Proactive

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We think you need these skills to ace Junior Payroll Analyst - UK Payroll

UK Payroll Processing
UK Payroll Legislation Knowledge
Analytical Skills
Attention to Detail
Data Validation
Excel Proficiency
Reconciliation Skills

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 LGBT Great.

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 LGBT Great'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 LGBT Great

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 LGBT Great.

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 LGBT Great 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 LGBT Great 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.