At a Glance
- Tasks: Join our payroll team to ensure smooth operations for UK and overseas payroll.
- Company: Schroders, a global investment manager with a commitment to diversity and inclusion.
- Benefits: Competitive salary, supportive community, and opportunities for professional growth.
- Other info: Inclusive culture prioritising diverse perspectives and career development.
- Why this job: Be part of a dynamic team making a real impact in payroll management.
- Qualifications: Experience in payroll or finance, strong analytical skills, and proficiency in Excel.
The predicted salary is between 30000 - 42000 £ per year.
We are looking for someone to join our friendly in-house team of payroll professionals and play a vital part in ensuring the smooth running of our UK payroll. You will be a driven self-starter, who likes to use their initiative, thinks independently and can be self-reliant. Your methodical approach, open-mindedness, and eagerness to learn will be instrumental in your success.
The UK payroll is managed in-house using third-party provider software and you will work closely with the wider HR team to achieve legal compliance and process efficiency in your day-to-day work. We believe in fostering a positive and inclusive work culture, and we are looking for someone with a can-do attitude and the confidence to express their own ideas. Your strong analytical skills and ability to quickly learn and adapt to new processes and concepts will be highly valued in this role.
In addition to supporting the running of the UK payroll, you will also be involved with payrolls for some of Schroders' overseas territories; providing timely, accurate monthly instructions to third-party providers with overall responsibility for the monthly cycle, including funding and payment to employees.
What you’ll do:
- Process payroll for circa 3,000 UK employees, plus directors and expats
- Input and import payroll data from a variety of sources
- Check payroll data and output
- Investigate and resolve payroll errors, working with the wider HR team to do this
- Answer queries from employees, the HR team, Finance team and external parties
- Raise third-party payments and support the invoicing process
- Assist the Finance and Accounting teams with their monthly payroll reconciliations
- Work on the implementation of changes due to legislation or internal process updates
- Help ensure compliance with legal requirements, such as tax regulations, employment laws, and data protection regulations
- Support HR projects and provide ad-hoc reporting as required
- Support overseas payroll activities
- Create a small number of monthly payroll journals
- Support production of a small number of annual P11Ds
- Participate in payroll training and maintain the payroll processing guide and training materials
The knowledge, experience and qualifications you need:
- Experience working in, or closely with, a Payroll/Finance team
- High proficiency in using MS Office applications, particularly Excel
- Demonstrable interest/understanding of the payroll function and how it operates
- Excellent attention to detail and accuracy
- Strong analytical and problem-solving skills
- Ability to work efficiently under tight deadlines and manage multiple tasks simultaneously
- Ability to handle confidential information with discretion
- Ability to understand and apply complex concepts
The knowledge, experience and qualifications that’ll help:
- Financial services industry experience
- Experience of working with SDWorx payroll software
- Knowledge of payroll legislation, regulations, and principles of best practice
- Experience of processing deferred compensation awards
- Experience of improving processes to make them as effective and efficient as possible
- Ability to interpret changes in legislation and incorporate them into processes
We recognise potential, whoever you are. Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
Payroll Advisor - FTC (12 months) in Horsham employer: Schroders UK
Contact Detail:
Schroders UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Advisor - FTC (12 months) in Horsham
✨Tip Number 1
Network like a pro! Reach out to your connections in the payroll and finance sectors. You never know who might have a lead on that perfect Payroll Advisor role at Schroders or can give you insider tips on the interview process.
✨Tip Number 2
Prepare for the interview by brushing up on your payroll knowledge. Familiarise yourself with UK payroll legislation and the software used in the industry. This will show that you're not just a candidate, but a knowledgeable asset ready to jump in!
✨Tip Number 3
Show off your analytical skills during interviews! Be ready to discuss how you've tackled payroll errors or improved processes in the past. Real-life examples will make you stand out as a self-starter who can think independently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our friendly team at Schroders.
We think you need these skills to ace Payroll Advisor - FTC (12 months) in Horsham
Some tips for your application 🫡
Show Your Enthusiasm: When writing your application, let your passion for payroll shine through! We want to see that you're excited about the role and how you can contribute to our team. A little enthusiasm goes a long way!
Tailor Your CV: Make sure your CV is tailored to the Payroll Advisor position. Highlight relevant experience and skills that match the job description. We love seeing how your background aligns with what we’re looking for!
Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to payroll details!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Schroders UK
✨Know Your Payroll Basics
Before the interview, brush up on your knowledge of payroll processes and legislation. Familiarise yourself with common payroll software, especially SDWorx if you can. This will show that you're proactive and ready to hit the ground running.
✨Show Off Your Analytical Skills
Prepare examples of how you've used your analytical skills in previous roles. Think about times when you identified errors or improved processes. Being able to articulate these experiences will demonstrate your problem-solving abilities and attention to detail.
✨Be Ready for Scenario Questions
Expect questions that ask how you'd handle specific payroll scenarios, like resolving discrepancies or managing tight deadlines. Practising your responses will help you feel more confident and show that you can think on your feet.
✨Emphasise Your Team Spirit
Since you'll be working closely with the HR team, highlight your ability to collaborate and communicate effectively. Share examples of how you've contributed to a positive team environment in the past, as this aligns with the company's inclusive culture.