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- Tasks: Join us as a Payroll Accountant, ensuring accurate salary accounting and collaborating with various teams.
- Company: Marex is a global financial services platform, excelling in liquidity and market access since 2005.
- Benefits: Enjoy a diverse workplace, opportunities for growth, and a commitment to inclusion and accessibility.
- Why this job: Be part of a dynamic team, enhance your skills, and contribute to impactful financial services.
- Qualifications: Strong accounting skills, attention to detail, and experience in compensation-related journal preparation required.
- Other info: We welcome applications from all backgrounds and support accessible recruitment processes.
The predicted salary is between 36000 - 60000 £ per year.
Marex is a diversified global financial services platform, providing essential liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. The Group offers comprehensive coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions, and Agency and Execution. It has a leading franchise in metals, energy, and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. Marex provides access to major commodity markets worldwide, serving clients including commodity producers, consumers, traders, banks, hedge funds, and asset managers. Established in 2005, Marex traces its roots in the commodity markets back nearly 100 years through its subsidiaries. Headquartered in London with 36 offices worldwide, it employs over 1,800 staff across Europe, Asia, and America.
The purpose of this role is to ensure accurate accounting of all salary and related transactions within the group, working closely with Payroll, Finance, and HR teams.
Responsibilities:- Preparation and posting of all global Payroll Journals.
- Preparation of month-end cost and variance analysis.
- Preparation and posting of month-end accruals.
- Preparation and posting of monthly headcount Journals.
- Reconciliation and substantiation of balances on all compensation-related Balance sheet accounts.
- Preparation of salary cost reports for regulatory compliance and departmental requests.
- Annual reconciliation and true-up of PSA, P11D, and other accruals.
- Monthly reconciliation of payroll bank accounts.
- Daily clearing of outstanding bank entries.
- Monthly FX Journals and Hedging info for Treasury.
- Liaison with external auditors regarding salary and related costs.
- Review and challenge quarterly balance sheet reconciliations.
- Assist in Payroll Transformation projects.
- Strong technical accounting skills.
- Exceptional attention to detail and organizational skills.
- Analytical skills and problem-solving aptitude.
- Teamwork and interpersonal skills.
- Ability to influence and persuade.
- Willingness to learn about different products and functions.
- Time management and multitasking abilities.
- Effective networking and communication skills.
- Strategic thinking and operational insight.
- Significant experience in compensation-related journal preparation and posting.
- Proven track record of process improvement and value addition.
- Strong analytical, organizational, and documentation skills.
- Excellent verbal and written communication skills.
- Advanced proficiency in Microsoft Excel.
- Experience with financial statement preparation and audit management.
If you’re looking to advance your career in this field, get in touch! Marex is committed to diversity and inclusion and provides accessible recruitment processes. We welcome applications from candidates returning to work and are dedicated to avoiding conflicts of interest in our hiring process. If you need information in a different format or have specific accessibility requests, please specify in your application.
Payroll Accountant employer: Marex Spectron
Contact Detail:
Marex Spectron Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Accountant
✨Tip Number 1
Familiarise yourself with Marex's core services and recent developments in the financial markets. Understanding their operations in market making, clearing, and hedging will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with current or former employees of Marex on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your technical accounting skills, especially in relation to payroll processes. Being able to discuss specific accounting principles and how they apply to payroll will set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your analytical and problem-solving skills through real-life examples. Be ready to discuss how you've improved processes or resolved issues in previous roles, as this aligns with Marex's focus on value addition.
We think you need these skills to ace Payroll Accountant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Payroll Accountant position at Marex. Tailor your application to highlight how your skills and experience align with their needs.
Highlight Relevant Experience: In your CV and cover letter, emphasise your significant experience in compensation-related journal preparation and posting. Provide specific examples of your achievements in process improvement and value addition.
Showcase Technical Skills: Marex is looking for strong technical accounting skills and advanced proficiency in Microsoft Excel. Make sure to mention any relevant software or tools you are familiar with that can support your application.
Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also demonstrates your enthusiasm for the role and the company. Mention your willingness to learn about different products and functions, as well as your commitment to teamwork and collaboration.
How to prepare for a job interview at Marex Spectron
✨Know Your Numbers
As a Payroll Accountant, you'll be dealing with financial data daily. Brush up on your accounting principles and be prepared to discuss specific examples of how you've handled payroll journals and reconciliations in the past.
✨Showcase Your Attention to Detail
Marex values precision, so highlight your organisational skills and attention to detail during the interview. Be ready to share instances where your meticulous nature helped prevent errors or improved processes.
✨Demonstrate Analytical Skills
Prepare to discuss how you've approached problem-solving in previous roles. Use examples that showcase your analytical skills, especially in relation to cost analysis and variance reporting.
✨Communicate Effectively
Strong communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts. This will help you connect with the interviewers and demonstrate your interpersonal skills.
