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- Tasks: Manage payroll processing, compliance, and collaborate with HR and Finance teams.
- Company: Join Trace, a leading accountancy recruitment firm in the heart of London.
- Benefits: Enjoy a hybrid work model and competitive salary between £50,000 - £60,000.
- Why this job: Be part of a dynamic team, enhancing payroll operations with real impact.
- Qualifications: CIPP qualification preferred; experience with payroll laws and software like ADP is essential.
- Other info: This is a full-time associate-level position in the exciting private equity sector.
The predicted salary is between 40000 - 48000 £ per year.
2 weeks ago Be among the first 25 applicants
Trace – Expert Accountancy Recruitment provided pay range
This range is provided by Trace – Expert Accountancy Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Payroll Associate | Private Equity | City of London | £50,000 – £60,000 | Hybrid – 3 days in office
The Payroll Associate will be responsible for the firm’s payroll, and will partner closely with HR, Finance and other teams to ensure a seamless payroll operation, globally.
Main Duties:
- Payroll Processing – Oversee the preparation and processing of the organisation\’s payroll including salaries, benefits, bonuses and deductions
- Handle all discrepancies and resolve issues related to payroll processing
- Compliance and Reporting – Ensure compliance with all internal and external local payroll regulations.
- Prepare and submit payroll tax filings, including annual and quarterly reports
- Complete regular audits of payroll procedures and records to ensure compliance
- Stay updated on change in payroll laws and implemented changes as necessary
- Ensure all payroll balance sheet reconciliations are completed
- Collaboration – Work closely with HR and Finance departments to ensure accurate employee data, and handle payroll related reports and data to senior management
Person Specification:
- Ideally CIPP qualified with accounting knowledge and global payroll experience
- Strong knowledge of payroll laws and regulations
- Proven experience of working on projects and process improvements
- Excellent experience of payroll software ideally ADP
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Accounting/Auditing
-
Industries
Venture Capital and Private Equity Principals and Financial Services
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Payroll Associate employer: Trace – Expert Accountancy Recruitment
Contact Detail:
Trace – Expert Accountancy Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Associate
✨Tip Number 1
Familiarise yourself with the latest payroll laws and regulations, especially those relevant to the private equity sector. 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 finance sectors, particularly those who work in private equity. Attend industry events or join relevant online forums to make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Gain hands-on experience with payroll software, especially ADP, if you haven't already. Consider taking online courses or tutorials to boost your proficiency, as this will be a key requirement for the Payroll Associate position.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved payroll processes in previous roles. Highlighting your problem-solving skills and ability to collaborate with HR and Finance teams will set you apart from other candidates.
We think you need these skills to ace Payroll Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Payroll Associate. Familiarise yourself with payroll processing, compliance, and collaboration with HR and Finance teams.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in payroll processing, especially if you have worked with payroll software like ADP. Mention any CIPP qualifications or accounting knowledge you possess.
Tailor Your Application: Customise your application to reflect the specific requirements mentioned in the job description. Use keywords related to payroll laws, compliance, and process improvements to catch the recruiter's attention.
Proofread Your Documents: Ensure that your CV and cover letter are free from errors. A well-presented application reflects your attention to detail, which is crucial for a role that involves handling payroll discrepancies and compliance.
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Know Your Payroll Regulations
Make sure you brush up on the latest payroll laws and regulations, especially those relevant to the private equity sector. Being able to discuss compliance confidently will show your expertise and readiness for the role.
✨Demonstrate Software Proficiency
Familiarise yourself with payroll software, particularly ADP if possible. Be prepared to discuss your experience with payroll systems and how you've used them to improve processes in previous roles.
✨Highlight Collaboration Skills
Since the role involves working closely with HR and Finance, think of examples where you've successfully collaborated with other departments. This will demonstrate your ability to work as part of a team and ensure seamless payroll operations.
✨Prepare for Scenario Questions
Expect questions about how you would handle discrepancies or compliance issues. Prepare specific examples from your past experiences that showcase your problem-solving skills and attention to detail.
