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For Companies At a Glance
- Tasks: Manage payroll processing and ensure compliance for various employee types.
- Company: Join a leading financial services institution known for its high-performing payroll function.
- Benefits: Enjoy a full-time contract with opportunities for professional development in a fast-paced environment.
- Why this job: Be part of a respected organisation while enhancing your payroll expertise and contributing to process improvements.
- Qualifications: Extensive payroll experience and strong knowledge of UK payroll legislation required.
- Other info: This role offers a chance to collaborate with HR and Finance teams on exciting projects.
The predicted salary is between 28800 - 43200 £ per year.
Meraki Talent are engaged to support the appointment of a Payroll Specialist for a leading financial services institution on a 12-month full-time contract based in Northampton. This is a fantastic opportunity to join a high-performing payroll function within a well-respected organisation and further develop yourself in a fast-paced environment.
Key Responsibilities
- Manage the delivery of accurate and timely payroll processing (gross to net) for salaried, hourly, and commissioned employees.
- Administer employee payroll records, ensuring compliance and data accuracy.
- Provide expert advice on payroll matters including PAYE, NI, bonuses, commissions, and statutory deductions.
- Oversee the submission of statutory filings and reports (e.g. RTI, P60s, P11Ds), maintaining compliance with HMRC and other relevant authorities.
- Manage escalations from the tier 2 payroll team, ensuring resolution and support throughout.
- Support change initiatives, including business and legislative projects, by providing technical payroll expertise.
- Ensure controls are embedded to mitigate risk and deliver compliance with internal policies and regulatory requirements.
- Collaborate cross-functionally with HR, Finance, and external stakeholders to ensure alignment and resolve payroll-related issues.
- Maintain up-to-date knowledge of payroll legislation, practices, and industry changes.
- Contribute to process improvement initiatives and automation efforts within the payroll function.
Candidate Profile
- Extensive payroll experience within a complex, multi-jurisdictional environment.
- Proven expertise in statutory compliance, reporting, and tax legislation.
- Strong working knowledge of UK payroll legislation, including HMRC submissions.
- Demonstrated experience leading process improvement and procedural change.
- Excellent stakeholder management and communication skills.
- The ability to make sound decisions balancing policy, legislation, and team deliverables.
- Experience handling sensitive or escalated payroll queries with discretion and professionalism.
- Ideally, experience working in financial services or a similarly regulated environment.
Payroll Specialist employer: Meraki Talent
Contact Detail:
Meraki Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Specialist
✨Tip Number 1
Familiarise yourself with the latest UK payroll legislation and HMRC requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the payroll and financial services sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved payroll processes in previous roles. Highlighting your experience with process improvement initiatives will set you apart from other candidates.
✨Tip Number 4
Showcase your stakeholder management skills by preparing to discuss how you've effectively communicated with HR, Finance, and external stakeholders in past positions. This will illustrate your ability to collaborate across functions.
We think you need these skills to ace Payroll Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive payroll experience, particularly in complex environments. Emphasise your knowledge of UK payroll legislation and any relevant compliance experience.
Craft a Strong Cover Letter: In your cover letter, address the key responsibilities mentioned in the job description. Provide specific examples of how you've managed payroll processing, statutory compliance, and stakeholder communication in previous roles.
Showcase Your Expertise: When detailing your experience, focus on your proven expertise in statutory compliance and reporting. Mention any specific projects where you led process improvements or handled escalated payroll queries.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Payroll Specialist role.
How to prepare for a job interview at Meraki Talent
✨Know Your Payroll Legislation
Make sure you brush up on UK payroll legislation, especially HMRC submissions. Being able to discuss recent changes or updates will show your expertise and commitment to staying informed.
✨Demonstrate Stakeholder Management Skills
Prepare examples of how you've effectively managed relationships with HR, Finance, or other stakeholders in previous roles. This will highlight your communication skills and ability to collaborate across functions.
✨Showcase Process Improvement Experience
Be ready to discuss any initiatives you've led that improved payroll processes. Highlighting your experience with automation or procedural changes can set you apart from other candidates.
✨Handle Sensitive Queries Professionally
Think of specific instances where you've dealt with escalated payroll queries. Emphasising your discretion and professionalism in these situations will demonstrate your suitability for the role.
