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For Companies At a Glance
- Tasks: Manage payroll operations and ensure compliance with regulations in a dynamic Private Equity firm.
- Company: Join a growing Private Equity firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, bonuses, and benefits package for your hard work.
- Why this job: Be a key player in shaping compensation strategies and making an impact.
- Qualifications: CIPP qualified or equivalent, with payroll management experience.
- Other info: Inclusive workplace culture that values diversity and growth opportunities.
The predicted salary is between 75000 - 90000 £ per year.
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 all the data 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 changes in payroll laws and implement 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.
Payroll Manager 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 Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and payroll sectors. You never know who might have the inside scoop on job openings or can refer you directly to hiring managers.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their payroll processes and be ready to discuss how your experience aligns with their needs. This shows you're genuinely interested!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that Payroll Manager role. We’re all about making connections, and applying directly can give you an edge over other candidates!
We think you need these skills to ace Payroll Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll Manager role. Highlight your relevant experience, especially in payroll management and compliance, to show us you’re the perfect fit for the job.
Showcase Your Skills: Don’t forget to showcase your skills in payroll laws and regulations. If you have experience with tools like Workday or Anaplan, let us know! This will help you stand out in the application process.
Be Clear and Concise: When writing your cover letter, be clear and concise. We want to see your passion for the role and how you can contribute to our team, so keep it focused and engaging!
Apply Early: We’ll be reviewing CVs throughout the process, so don’t wait! Apply as soon as you can through our website to increase your chances of landing an interview with us.
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Know Your Payroll Regulations
Brush up on the latest payroll laws and regulations relevant to the role. Being well-versed in compliance will not only show your expertise but also demonstrate your commitment to maintaining accurate payroll operations.
✨Showcase Your Experience
Prepare specific examples from your previous roles that highlight your experience in payroll management. Discuss how you've handled audits, compliance issues, or any significant payroll projects to illustrate your capabilities.
✨Understand the Company Culture
Research the private equity firm’s values and culture. Tailor your responses to reflect how you align with their mission and how you can contribute to a diverse and inclusive workplace.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s payroll processes, team dynamics, and future challenges. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
