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- Tasks: Process payroll, manage queries, and ensure compliance in a dynamic banking environment.
- Company: Leading international bank with a focus on employee development.
- Benefits: Competitive salary, supportive team, and opportunities for professional growth.
- Why this job: Join a prestigious bank and enhance your payroll expertise while making a real impact.
- Qualifications: Experience in payroll administration and proficiency in Excel required.
- Other info: Fully office-based role with a collaborative HR team.
The predicted salary is between 24000 - 32000 £ per year.
A leading international bank is seeking a detail-oriented and experienced Payroll Specialist to join its Human Resources team in London. This is an exciting opportunity to work in a dynamic environment supporting both local and expatriate payroll operations.
This role is critical in ensuring the accurate and compliant processing of payroll, overseeing tax returns, time and attendance systems, and supporting broader HR administrative functions.
Key Responsibilities
- Process monthly payroll via ADP, including P11D, P60s, and statutory returns.
- Reconcile payroll data with pension files and general ledger (GL).
- Handle queries related to employee pay, loans, and benefits.
- Manage season ticket loans and manual payments in conjunction with the Operations team.
- Assist expatriate staff with tax returns, HMRC documentation, and NI applications.
- Ensure timely payments of PAYE, NI, and third-party remittances.
- Maintain payroll systems for starters, leavers, and staff changes.
- Monitor appraisal systems and time/attendance records (Darwinbox).
- Support the completion and submission of reports, control returns, and insurance-related data.
- Liaise with external providers such as payroll administrators, pension providers, and tax consultants.
- Ensure compliance with the Data Protection Act and internal control requirements.
- Assist with contract renewals and prepare approval notes.
- Provide wider administrative support within the HR department as required.
- Perform ad hoc duties as delegated by the Head of HR.
Key Requirements
- Proven experience in payroll administration, ideally within the banking or financial services sector.
- Proficiency in Microsoft Excel and Word.
- Solid understanding of payroll systems and basic accounting.
- High level of accuracy and attention to detail.
- Strong interpersonal and organisational skills.
- Ability to manage sensitive information with confidentiality and discretion.
Why Join Us?
This is an excellent opportunity to develop your payroll expertise in a prestigious international banking environment. You will work with experienced HR professionals and contribute to a wide range of payroll and compliance activities that support the entire employee lifecycle.
Interested? Apply now to be part of a team where your accuracy, organisation, and dedication will be highly valued.
Payroll Specialist employer: LJ Recruitment
Contact Detail:
LJ Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Let them know you're on the lookout for a Payroll Specialist role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on payroll systems and compliance regulations. Be ready to discuss your experience with ADP and handling tax returns. Show us you know your stuff, and you'll stand out from the crowd!
✨Tip Number 3
Don’t forget to showcase your attention to detail! Bring examples of how you've maintained accuracy in payroll processing or resolved complex queries. We love candidates who can demonstrate their skills with real-life scenarios.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're genuinely interested in joining our team. So, what are you waiting for? Get that application in!
We think you need these skills to ace Payroll Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll Specialist role. Highlight your experience in payroll administration and any relevant skills, like your proficiency in Excel. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about payroll and how your background aligns with our needs. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: Since this role requires a high level of accuracy, make sure to demonstrate your attention to detail in your application. Double-check for typos and ensure all information is correct – we appreciate precision!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks!
How to prepare for a job interview at LJ Recruitment
✨Know Your Payroll Stuff
Make sure you brush up on your payroll knowledge, especially around ADP systems and statutory returns like P11D and P60s. Being able to discuss these confidently will show that you're not just familiar with the basics but also ready to tackle the specifics of the role.
✨Show Off Your Attention to Detail
Since this role requires a high level of accuracy, prepare examples from your past work where your attention to detail made a difference. Whether it was catching an error in payroll or ensuring compliance with regulations, these stories will highlight your suitability for the position.
✨Be Ready for Scenario Questions
Expect questions that put you in real-life payroll situations, like handling employee queries or reconciling payroll data. Practise how you would approach these scenarios, as it demonstrates your problem-solving skills and understanding of the role's responsibilities.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about their payroll processes, team dynamics, or how they handle compliance challenges. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
