At a Glance
- Tasks: Manage end-to-end payroll processing and ensure compliance in a dynamic banking environment.
- Company: Join a global banking organisation with a strong focus on financial integrity.
- Benefits: Competitive salary, professional development, and a structured work environment.
- Other info: Great opportunity for career growth in a regulated financial services setting.
- Why this job: Be part of a high-performing team and make a real impact on payroll operations.
- Qualifications: Experience in UK payroll and strong knowledge of payroll systems like ADP IHCM and Workday.
The predicted salary is between 36000 - 60000 £ per year.
Global banking organisation is seeking an experienced Payroll Analyst to join its London-based HR function on a 12-month contract. This is a hands-on role within a regulated environment, supporting a medium-to-large scale payroll operation and deputising for the Payroll Lead when required. The Payroll Analyst will be responsible for delivering accurate, compliant end-to-end UK payroll processing while supporting strong financial controls and smooth monthly and annual payroll cycles.
Key Responsibilities:
- Full end-to-end payroll processing across the employee lifecycle (joiners, leavers, transfers, parental leave, expatriate payroll)
- Ownership of payroll accounting activities, including general ledger postings and reconciliations
- Post-payroll processing including pensions, benefits reconciliation and internal account movements
- Liaising with HR, Finance, Benefits and Global Mobility to ensure accurate and timely payroll changes
- Managing payroll system integrations (ADP IHCM, Workday, Darwin) and maintaining data integrity
- Handling payroll queries and delivering a high-quality employee service
- Supporting audits and maintaining robust payroll controls
- Identifying process improvements and driving efficiencies
Experience Required:
- Proven UK end-to-end payroll experience within financial services or another regulated environment
- Experience supporting medium to large-scale payrolls
- Strong working knowledge of ADP IHCM and Workday is essential
- Solid payroll accounting knowledge (reconciliations, GL processes)
- Advanced Excel skills
- Strong stakeholder engagement skills across HR and Finance
- Excellent attention to detail and ability to work to tight deadlines
- Benefits processing experience, pension knowledge, exposure to international/expatriate payroll, CIPP qualification (or working towards)
This is an excellent opportunity for an experienced payroll professional looking for a technically strong contract role within a structured and high-performing environment. Please apply now or message for a confidential discussion.
Payroll Specialist employer: Magnit Global
Join a prestigious global banking organisation in London, where you will thrive in a dynamic and supportive work culture that values accuracy and compliance. As a Payroll Specialist, you will benefit from a structured environment that encourages professional growth and offers opportunities to enhance your skills in payroll processing and financial controls. With a focus on employee well-being and a commitment to excellence, this role provides a meaningful chance to contribute to a high-performing team while enjoying the advantages of working in one of the world's leading financial hubs.
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 payroll and finance sectors. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of payroll systems like ADP IHCM and Workday. Be ready to discuss your experience with end-to-end payroll processing and how you've handled complex payroll queries.
✨Tip Number 3
Showcase your attention to detail! Bring examples of how you've maintained data integrity and supported audits in previous roles. This will demonstrate your commitment to accuracy in payroll operations.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 Analyst role. Highlight your end-to-end payroll experience and any specific software knowledge, like ADP IHCM or Workday, to catch our eye!
Showcase Your Skills:Don’t just list your skills; show us how you’ve used them in past roles. Whether it’s managing payroll queries or driving process improvements, give us examples that demonstrate your expertise.
Be Clear and Concise:Keep your application clear and to the point. We love a well-structured application that makes it easy for us to see why you’re the perfect fit for the role without wading through unnecessary fluff.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Magnit Global
✨Know Your Payroll Stuff
Make sure you brush up on your end-to-end payroll processing knowledge, especially within a regulated environment. Be ready to discuss your experience with payroll systems like ADP IHCM and Workday, as well as your understanding of payroll accounting activities.
✨Showcase Your Attention to Detail
In this role, attention to detail is crucial. Prepare examples from your past work where your meticulousness made a difference, whether it was in reconciliations or managing payroll queries. This will demonstrate your ability to maintain high standards in a fast-paced environment.
✨Engage with Stakeholders
Since you'll be liaising with HR, Finance, and other departments, think of instances where you've successfully engaged with stakeholders. Highlight your communication skills and how you’ve ensured accurate and timely payroll changes in your previous roles.
✨Be Ready for Process Improvement Discussions
Employers love candidates who can identify inefficiencies and suggest improvements. Come prepared with ideas on how you’ve driven efficiencies in payroll processes before, and be ready to discuss how you can contribute to their operations.
