At a Glance
- Tasks: Manage payroll processing, compliance, and reporting while collaborating with HR and Finance teams.
- Company: Join Trace, a leading expert in accountancy recruitment within the private equity sector.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: This role offers a chance to work in a fast-paced financial services environment.
- Why this job: Be part of a dynamic team that values accuracy and efficiency in payroll operations.
- Qualifications: CIPP qualification preferred; experience with payroll laws and software is essential.
The predicted salary is between 42000 - 84000 £ 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/AuditingIndustries
Venture Capital and Private Equity Principals and Financial Services
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#J-18808-LjbffrPayroll Associate in London employer: Trace – Expert Accountancy Recruitment
As a Payroll Associate at our firm in the vibrant City of London, you will thrive in a dynamic work culture that values collaboration and innovation. We offer competitive salaries, hybrid working arrangements, and ample opportunities for professional growth, ensuring that you are well-supported in your career journey while contributing to a seamless global payroll operation.
Contact Details:
Trace – Expert Accountancy Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Associate in London
✨Tip Number 1
Familiarise yourself with the latest payroll laws and regulations, especially those relevant to the UK. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and accuracy in payroll processing.
✨Tip Number 2
Network with professionals in the payroll and finance sectors. Attend industry events or join online forums where you can connect with others who work in payroll. This can lead to valuable insights and potential referrals for the Payroll Associate position.
✨Tip Number 3
Gain hands-on experience with payroll software, particularly ADP if possible. Familiarity with this software can set you apart from other candidates and show that you're ready to hit the ground running in the role.
✨Tip Number 4
Prepare to discuss your previous experiences with payroll processing and any projects you've worked on that improved efficiency. Be ready to share specific examples that highlight your problem-solving skills and ability to collaborate with HR and Finance teams.
We think you need these skills to ace Payroll Associate in London
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 reporting requirements as outlined in the job description.
Tailor Your CV:Customise your CV to highlight relevant experience in payroll processing, compliance with payroll laws, and any specific software knowledge, especially if you have experience with ADP or similar systems.
Craft a Strong Cover Letter:Write a compelling cover letter that showcases your qualifications, such as CIPP certification and global payroll experience. Mention how your skills align with the company's needs and express your enthusiasm for the role.
Proofread Your Application:Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented professionally.
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 relevant to the role. Being able to discuss compliance confidently will show that you're serious about the position and understand the importance of adhering to legal standards.
✨Demonstrate Your Software Skills
Familiarise yourself with payroll software, especially ADP if possible. Be prepared to discuss your experience with payroll systems and how you've used them to improve processes in previous roles.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle discrepancies or payroll issues. Think of specific examples from your past experience where you successfully resolved similar problems, as this will demonstrate your problem-solving skills.
✨Highlight Collaboration Experience
Since the role involves working closely with HR and Finance, be ready to share examples of how you've collaborated with other departments in the past. This will showcase your teamwork abilities and your understanding of the interconnectedness of payroll with other functions.
