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.
- Other info: Inclusive workplace culture that values diversity and growth opportunities.
- Why this job: Be a key player in shaping compensation strategies and making an impact.
- Qualifications: CIPP qualified or equivalent, with payroll management experience.
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
As a Finance Business Partner at a prestigious London university, you will be part of a dynamic finance team that values collaboration and innovation. The university offers competitive salaries, excellent benefits, and a supportive work culture that fosters professional growth and development. With opportunities for continuous learning and a commitment to making a positive impact in the education sector, this role is perfect for those seeking meaningful and rewarding employment.
Contact Details:
Trace – Expert Accountancy Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Trace – Expert Accountancy Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Payroll Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Trace – Expert Accountancy Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Trace – Expert Accountancy Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Trace – Expert Accountancy Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Trace – Expert Accountancy Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Trace – Expert Accountancy Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
