At a Glance
- Tasks: Take ownership of UK payroll and ensure compliance with statutory benefits and leave administration.
- Company: Join Optiver, a leading market-making institution focused on collaboration and excellence.
- Benefits: Enjoy 27 paid vacation days, private medical insurance, and daily meals.
- Other info: Opportunities for continuous learning and career growth in a supportive team.
- Why this job: Make a real impact in a fast-paced environment while supporting employee experiences.
- Qualifications: Experience in UK payroll and strong knowledge of employment law required.
The predicted salary is between 36000 - 60000 £ per year.
Optiver is looking for a Payroll Specialist to join the Human Resources team in our London office on a fixed-term 12-month contract. This is an excellent opportunity for an experienced payroll professional with strong knowledge of UK statutory benefits and leave administration who thrives in a fast-paced, collaborative environment. In this role, you will take full ownership of UK payroll while supporting benefits and statutory compliance activities that are critical to the employee experience. We are seeking someone who is detail oriented, proactive, and confident operating independently, with the ability to manage multiple priorities while delivering accurate and compliant payroll and benefits support.
What You’ll Do
- Full ownership of the monthly UK payroll process, including preparation, validation, submission, and post payroll reconciliation.
- Act as the primary point of contact for payroll matters, coordinating with external vendors and internal stakeholders across HR, Finance, and Tax.
- Ensuring payroll compliance with UK tax, statutory, and employment requirements.
- Partner with overseas and in-country HR, Finance, and Tax teams to manage UK payroll obligations for internationally mobile employees.
- Managing payroll inputs and data accuracy within Workday and connected payroll systems.
- Supporting payroll audits and responding to internal and external audit requests.
- Partner with HR Advisory and People Operations colleagues to support payroll-related aspects of the employee lifecycle.
- Support benefits initiatives, including annual renewals and employee communications.
- Support UK benefits and statutory leave administration activities, including payroll deductions, enrollments, and coordination with relevant stakeholders and vendors.
- Manage benefits initiatives, including annual renewals and employee communications.
- Support HR compliance reporting and governance activities while championing GDPR compliance within payroll and HR data processes.
- Monitoring UK statutory leave and pay legislation to ensure ongoing compliance, proactively identifying regulatory changes and assessing organisational impact.
- Conducting periodic reviews of existing leave and benefits administration practices to ensure alignment with current legislation and internal policy.
Who You Are
- Bachelor’s Degree in Human Resources or Administration, or equivalent experience.
- Strong working knowledge of UK payroll, statutory benefits administration, and associated UK employment law.
- UK statutory leave and pay regulations, including the ability to interpret legislative updates and assess operational impact.
- Working knowledge of systems including implementation such as Workday, ADP Celergo, Greenhouse would be advantageous.
- Demonstrated experience supporting statutory leave administration within payroll, ensuring accurate pay calculations and compliance.
- Strong organisational and project management skills with the ability to manage multiple priorities in a fast-paced environment.
- Excellent communication and stakeholder management skills with a collaborative, service-oriented approach.
- Strong analytical and problem-solving skills.
- Proficient with Microsoft Office Suite or related software.
- Strong understanding of HMRC reporting requirements including year end processes and statutory submissions.
- Experience collaborating with colleagues in complex business models across multiple countries and jurisdictions would be desirable.
- CIPP qualification preferred.
What You’ll Get
- 27 paid vacation days plus all UK public holidays.
- Daily breakfast and lunch, along with support on commuting expenses.
- Private medical insurance, pension scheme, and ClassPass fitness membership.
- Training and continuous learning opportunities, including access to conferences and tech events.
Diversity statement
Optiver is committed to diversity and inclusion.
Payroll Specialist - 12 Month FTC employer: Optiver
Optiver is an exceptional employer that fosters a culture of collaboration and excellence in its London office. As a Payroll Specialist, you will enjoy a supportive environment with ample opportunities for professional growth, alongside generous benefits such as 27 paid vacation days, private medical insurance, and continuous learning initiatives. Join a team of curious thinkers and creative problem solvers dedicated to making a meaningful impact in the financial markets.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Specialist - 12 Month FTC
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the lookout for a Payroll Specialist role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK payroll and statutory benefits. Be ready to discuss how you’ve handled compliance issues in the past and showcase your problem-solving skills. Confidence is key, so practice makes perfect!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. At StudySmarter, we encourage you to check out our website for openings that suit your skills. Tailor your approach to each company to stand out!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s also a great chance to reiterate why you’d be a perfect fit for their team. Keep it friendly and professional!
We think you need these skills to ace Payroll Specialist - 12 Month FTC
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Payroll Specialist role. Highlight your experience with UK payroll, statutory benefits, and any relevant software like Workday. 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 at Optiver. Share specific examples of your past experiences that relate to payroll compliance and benefits administration.
Show Off Your Attention to Detail:As a Payroll Specialist, attention to detail is key. In your application, make sure to showcase your ability to manage multiple priorities while delivering accurate results. We love candidates who can demonstrate their meticulous nature!
Apply Through Our Website:Don't forget to apply directly through our website! It’s the best way to ensure your application gets to us. Plus, if you have any questions, our Recruitment team is just a form away!
How to prepare for a job interview at Optiver
✨Know Your Payroll Stuff
Make sure you brush up on your knowledge of UK payroll processes and statutory benefits. Be ready to discuss specific examples from your past experience that demonstrate your understanding of compliance and payroll management.
✨Show Off Your Organisational Skills
Since this role requires managing multiple priorities, prepare to share how you've successfully juggled tasks in a fast-paced environment. Think of concrete examples where your organisational skills made a difference.
✨Communicate Like a Pro
Effective communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex payroll topics. You might even want to prepare a few questions to ask about their current payroll systems.
✨Stay Updated on Legislation
Keep yourself informed about the latest changes in UK payroll legislation and statutory leave regulations. Being able to discuss recent updates and their implications will show that you're proactive and detail-oriented, which is exactly what they’re looking for.