At a Glance
- Tasks: Manage payroll operations and ensure compliance with regulations while collaborating with HR and Finance teams.
- Company: Join a growing Private Equity firm focused on delivering top-notch financial services in London.
- Benefits: Enjoy a competitive salary of £75,000 - £90,000 plus bonuses and benefits.
- Other info: We prioritise inclusivity and respect for all candidates, regardless of background.
- Why this job: Be part of a dynamic team that values diversity and offers opportunities for professional growth.
- Qualifications: CIPP qualified or QBE with proven payroll management experience; familiarity with Workday or Anaplan is a plus.
The predicted salary is between 75000 - 90000 £ per year.
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
Direct message the job poster from Trace – Expert Accountancy Recruitment
I help Accounting candidates find the best jobs within the Financial Services sector in London.
Payroll Manager, Private Equity firm, Perm, £75,000 - £90,000+ bens + bonus
We will be reviewing CVs throughout the process so please apply as soon as you are able to.
A growing Private Equity firm are looking for a Payroll Manager to join their team.
The Payroll Manager 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. Reporting into the Finance Director. They are looking to offer the successful candidate between £75,000 - £90,000.
Main Duties:
- Ensure al the date is correct for payroll processing
- Compliance and Reporting - Ensure compliance with all internal and external local payroll regulations and laws
- Responsible for the staff budget and half yearly reforecasts
- Significant input in the bi-annual salary and bonus review cycle
- Key input in annual remuneration committee meetings
- Lead on the companies compensation review processes
- Conduct company wide annual compensation benchmarking to propose salary and bonus banding to ensure the company remains competitive and in line with the market trends
- 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
- Work closely with HR and Finance departments to ensure accurate employee data, and handle payroll related reports and data to senior management
Person Specification:
- CIPP qualified or QBE
- Strong knowledge of payroll laws and regulations
- Experience with Workday or Anaplan is desirable but not necessary
- Proven experience in a previous payroll management role
At Trace, we are committed to fostering an inclusive and diverse workplace and believe that, in any business, it is imperative that all members of staff feel appreciated and respected in their roles. Our job is simply to find the best candidate on the market, regardless of their age, race, religion, disability, gender identity, sexual orientation or any other factor irrelevant to their qualifications and competencies.
If you have any further questions regarding accessibility throughout the process, then please get in touch DEIB@tracerecruit.com or call a member of our DEIB Champions team.
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Finance and Accounting/AuditingIndustries
Financial Services and Venture Capital and Private Equity Principals
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#J-18808-LjbffrPayroll Manager in London employer: Trace – Expert Accountancy Recruitment
As a Payroll Manager at this dynamic Private Equity firm in London, you will thrive in a supportive and inclusive work culture that values your contributions and encourages professional growth. With competitive compensation packages, including bonuses and comprehensive benefits, the firm prioritises employee well-being and development, ensuring you have the resources to excel in your role while collaborating closely with HR and Finance teams to drive seamless payroll operations globally.
Contact Details:
Trace – Expert Accountancy Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Manager in London
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in payroll or HR. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in payroll management.
✨Tip Number 2
Familiarise yourself with the specific payroll software mentioned in the job description, such as Workday or Anaplan. Even if you haven't used them before, understanding their functionalities can give you an edge during discussions with the hiring team.
✨Tip Number 3
Stay updated on current payroll laws and regulations, particularly those relevant to the private equity sector. Being knowledgeable about compliance issues will demonstrate your commitment to maintaining high standards in payroll management.
✨Tip Number 4
Prepare to discuss your previous experiences in payroll management, focusing on how you've handled audits, compliance, and collaboration with HR and finance teams. Real-life examples will help illustrate your capabilities and fit for the role.
We think you need these skills to ace Payroll Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in payroll management, compliance, and any specific software like Workday or Anaplan. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of payroll laws and regulations. Mention your CIPP qualification or relevant experience, and explain how you can contribute to the company's payroll operations.
Highlight Achievements:In your application, focus on specific achievements in previous roles, such as successful audits, compliance improvements, or contributions to salary benchmarking processes. Quantify your successes where possible.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for a Payroll Manager role.
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Know Your Payroll Laws
As a Payroll Manager, it's crucial to have a strong grasp of payroll laws and regulations. Brush up on the latest changes in legislation and be prepared to discuss how you ensure compliance in your previous roles.
✨Showcase Your Experience
Highlight your previous payroll management experience during the interview. Be ready to share specific examples of how you've handled payroll processing, compliance, and audits, as well as any software you've used like Workday or Anaplan.
✨Prepare for Technical Questions
Expect technical questions related to payroll processes and systems. Familiarise yourself with common payroll challenges and be prepared to discuss how you would address them in this new role.
✨Emphasise Collaboration Skills
Since the role involves working closely with HR and Finance teams, demonstrate your ability to collaborate effectively. Share examples of how you've partnered with other departments to ensure seamless payroll operations.
