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- Tasks: Manage payroll operations and employee benefits for a global financial services firm.
- Company: Dynamic financial services firm with a focus on innovation and compliance.
- Benefits: Competitive salary up to £90,000, hybrid work model, and professional growth opportunities.
- Why this job: Take ownership of payroll and benefits in a fast-paced, international environment.
- Qualifications: Senior experience in payroll and compensation management within complex organisations.
- Other info: Join a collaborative team and make a real impact on employee satisfaction.
The predicted salary is between 54000 - 72000 £ per year.
Oakleaf Partnership is delighted to be partnering with a financial services firm, who are looking for a Payroll, Compensation & Benefits Manager on a permanent basis. The Payroll, Compensation & Benefits Manager will work on a sole basis, taking ownership of payroll operations for UK, EMEA & APAC. The position requires strong UK & International payroll knowledge, excellent time management skills, and the ability to work confidently and independently in a fast paced environment. The split for this role is 70% payroll, and 30% Compensation & Benefits. This role is on a hybrid basis, consisting of 3 days in their London office.
The Payroll, Compensation & Benefits Manager will be assisting/overseeing duties such as:
- Work with third parties to manage monthly payroll processes in all Group locations accurately, on time and within cost parameters, while meeting statutory and regulatory requirements.
- Maintain compliance with local payroll and tax regulations, data protection and security standards.
- Design, implement and maintain payroll policies, procedures and workflows.
- Generate and distribute payroll reports (weekly, quarterly and annual) covering earnings, deductions, taxes and benefits.
- Identify process inefficiencies and implement workflow improvements to enhance accuracy, reduce risk and increase automation.
- Review and maintain the accuracy of benefits content across platforms and communication materials, ensuring data integrity and timely updates.
- Act as the first point of contact for employee benefits queries, ensuring prompt, accurate and consistent responses.
- Maintain a competitive and compliant benefits portfolio, recommending enhancements and alternative solutions aligned to market practice and cost efficiency.
- Manage the annual benefits enrolment process, including system configuration, testing, communications and vendor coordination.
- Develop and deliver the annual pay and bonus review process in partnership with the Group People Director, HR Business Partners and Finance, ensuring robust governance, compliance and timely execution.
- Lead the Reward project plan, managing processes and outputs including benchmarking, modelling, communications and system configuration.
Key Skills:
- Proven senior level experience in Compensation & Benefits and Payroll management within a complex, multi entity international organisation.
- Experience managing outsourced payroll providers, and third-party benefits and pension suppliers.
- Demonstrable experience leading annual pay and bonus review cycles, benefits renewals and regulatory reporting.
- Experience supporting senior stakeholders, Remuneration Committees and Board-level reporting.
- Analytically driven and responsible for creating innovative solutions to support the business.
- Highly organised, able to work to tight deadlines, and comfortable in a fast paced environment.
- Excellent communication skills.
If you are interested in discussing this position in greater detail, please apply now.
Payroll, Compensation & Benefits Manager employer: Oakleaf Partnership
Contact Detail:
Oakleaf Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll, Compensation & Benefits Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a Payroll, Compensation & Benefits Manager role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK and international payroll regulations. Be ready to discuss how you've tackled challenges in previous roles, especially around compliance and efficiency improvements. Show them you’re the expert they need!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills. Tailor your approach to each company to stand out from the crowd!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Payroll, Compensation & Benefits Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll, Compensation & Benefits Manager role. Highlight your relevant experience in payroll operations and benefits management, especially in international settings. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in payroll and benefits management, and don’t forget to show your enthusiasm for joining our team at StudySmarter.
Showcase Your Skills: In your application, make sure to showcase your strong time management skills and ability to work independently. We love candidates who can thrive in fast-paced environments, so give us examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates about your application status. Plus, it’s super easy!
How to prepare for a job interview at Oakleaf Partnership
✨Know Your Payroll Inside Out
Make sure you brush up on your UK and international payroll knowledge. Be ready to discuss specific regulations and compliance issues, as well as any experience you have with managing outsourced payroll providers. This will show that you’re not just familiar with the basics but can handle the complexities of the role.
✨Showcase Your Time Management Skills
Since this role requires excellent time management, prepare examples of how you've successfully managed tight deadlines in previous positions. Think about specific projects where you had to juggle multiple tasks and how you prioritised effectively to meet all requirements.
✨Be Ready to Discuss Process Improvements
The job involves identifying process inefficiencies and implementing improvements. Come prepared with examples of how you've enhanced workflows in past roles. Highlight any innovative solutions you’ve created that increased accuracy or reduced risk, as this will demonstrate your proactive approach.
✨Communicate Clearly and Confidently
As the first point of contact for employee benefits queries, strong communication skills are a must. Practice articulating your thoughts clearly and confidently. You might even want to role-play potential scenarios with a friend to ensure you can provide prompt and accurate responses during the interview.
