At a Glance
- Tasks: Manage payroll and benefits for global jurisdictions while supporting HR and Finance teams.
- Company: Join a dynamic financial services firm in Mayfair, London, focused on private equity and investment management.
- Benefits: Enjoy a hybrid work model with 3 days in the office and opportunities for professional growth.
- Why this job: Be part of a fast-paced environment where your contributions directly impact employee satisfaction and company success.
- Qualifications: Experience in financial services, advanced Excel skills, and hands-on payroll management across multiple jurisdictions required.
- Other info: This role can be tailored as interim or temp to perm, starting by April 2025.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Role status
The role can be tailored to an interim (6 -12 months), or a temp to perm candidate but with no more than one months' notice.
A start date by the end of April 2025 is a prerequisite
Location: Mayfair, London (3 days in the office)
Purpose of the role
- The overall purpose of the job is to manage the payroll and benefits packages across all global jurisdictions and provide operational and strategic support to the HR and Finance teams on matters relating to remuneration, benefits, annual year end compensation reviews, reconciliations, accruals, expat and employee tax matters. Reporting to the Head of HR, the role will include:
- Delivery of monthly payroll (c.280) for all group companies including ensuring payroll obligations are met across all jurisdictions including processing pensions contributions and maintaining bonus and loan schedules (UK, USA, Singapore, HK, France, S Korea, Dubai (multiple Outsourcing providers are currently used).
- Management of global group benefits including administration, reporting and renewals.
- Lead on all employer and employee tax matters including payslips, P11Ds, P60s, expats, third country nationals, working across jurisdictions.
- Communication and responding to day-to-day employee queries on payroll and employment tax matters.
- Working with the Finance team on matters including benefits reporting, PSA and delivery of data to support reconciliations and controls.
- Supporting the Head of Reward with the co-ordination of the annual year-end compensation process and preparing compensation review statements for all employees.
- Responsibility for the Payroll Strategy longer term. Driving the streamlining and improvement of the payroll processes, automation, systems and providers.
Skills and Experience
- Experience of financial services – private equity or investment management preferred
- Advanced Excel skills; good working knowledge of other MS Office applications
- Hands on experience of running monthly payrolls across multiple jurisdictions (most relevant would be UK, USA, Singapore and HK)
- Highly organised and efficient self-starter, able to multitask and prioritise workload in a fast paced organisation
- Ability to work well under pressure and to tight deadlines as required
- Delivery to a very high quality with strong attention to detail and high level of numeracy
- Highly results driven, ambitious and motivated, with a strong sense of client delivery and willingness ‘to go the extra mile’
- Excellent communication and interpersonal skills, interacting and corresponding with a wide range of people, including senior management and across time zones and geographies
- Team player with a high level of integrity, a positive “can-do” attitude and an eagerness to learn
- Experience of working in an international company with complex multi-jurisdictional workers
- Delivery of projects and process improvement – experience of system implementation would be advantageous
Payroll & Benefits Manager employer: TDA HR
Contact Detail:
TDA HR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll & Benefits Manager
✨Tip Number 1
Familiarize yourself with the payroll and benefits regulations in the jurisdictions mentioned in the job description, such as the UK, USA, Singapore, and Hong Kong. This knowledge will not only help you during the interview but also demonstrate your commitment to understanding the complexities of the role.
✨Tip Number 2
Highlight any experience you have with financial services, particularly in private equity or investment management. If you can, prepare specific examples of how you've managed payroll or benefits in these sectors to showcase your relevant expertise.
✨Tip Number 3
Since the role requires strong Excel skills, consider brushing up on advanced functions and features that are commonly used in payroll management. Being able to demonstrate your proficiency in Excel during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with process improvement and system implementation. Think of specific projects where you streamlined payroll processes or improved efficiency, as this aligns well with the responsibilities of the role.
We think you need these skills to ace Payroll & Benefits Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in managing payroll and benefits, especially across multiple jurisdictions. Emphasize any relevant financial services experience, particularly in private equity or investment management.
Craft a Strong Cover Letter: In your cover letter, express your understanding of the role's requirements and how your skills align with them. Mention your advanced Excel skills and experience with payroll processes, showcasing your ability to handle complex tasks under pressure.
Highlight Relevant Experience: When detailing your work history, focus on specific achievements related to payroll management, tax matters, and benefits administration. Use quantifiable results to demonstrate your impact in previous roles.
Showcase Communication Skills: Since the role involves interacting with various stakeholders, include examples of how you've effectively communicated with senior management and teams across different time zones. This will illustrate your interpersonal skills and ability to work in an international environment.
How to prepare for a job interview at TDA HR
✨Showcase Your Payroll Expertise
Be prepared to discuss your hands-on experience with running monthly payrolls across multiple jurisdictions. Highlight specific examples from your previous roles, especially in financial services, to demonstrate your understanding of the complexities involved.
✨Demonstrate Advanced Excel Skills
Since advanced Excel skills are crucial for this role, be ready to talk about how you've used Excel in past positions. Consider discussing any specific functions or tools you've utilized to streamline payroll processes or manage data effectively.
✨Highlight Your Organizational Skills
This position requires a highly organized and efficient self-starter. Prepare to share examples of how you've successfully managed multiple tasks under tight deadlines in fast-paced environments, showcasing your ability to prioritize effectively.
✨Communicate Effectively
Excellent communication and interpersonal skills are essential. Practice articulating your thoughts clearly and confidently, and be ready to discuss how you've interacted with diverse teams and senior management in previous roles.