At a Glance
- Tasks: Lead a dynamic payroll team and transform payroll processes for global efficiency.
- Company: Join Trustly, a leader in Open Banking Payments, revolutionising the payment experience.
- Benefits: Enjoy 20-30 days holiday, monthly outings, and wellness support for a balanced life.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in a fast-paced environment while driving change and innovation.
- Qualifications: 5+ years payroll experience with management skills; FinTech background preferred.
The predicted salary is between 60000 - 80000 £ per year.
At Trustly, we're building a smarter, faster, and more secure financial future by revolutionising the world of payments. As a global leader in Open Banking Payments, we are establishing Pay by Bank as the new standard at checkout, providing unparalleled freedom, speed, and ease to millions of consumers and merchants worldwide.
We are looking for an experienced and dynamic Payroll Manager to support our global payroll function. Reporting directly to the Global Payroll Director, this role will own the end-to-end operational efficiency, accuracy and compliance of the payroll process for specific geographies, with a small team reporting into you. The ideal candidate will have some management experience already, be a proven team player, have good technical payroll knowledge, have experience working with global payroll platforms, with experience with NetSuite and HiBob an advantage.
This team will be responsible for the delivery of a payroll transformation project, and as such, experience in executing the transition from fragmented payroll providers to a global payroll platform will be beneficial.
WHAT YOU'LL DO
- Leadership & Payroll Administration
- Team Management: Lead, mentor, and develop a high-performing payroll team responsible for Europe and ensuring delivery of accurate and timely payroll for those countries.
- Process Transformation and improvement: Taking a key role in the execution of the transition of payroll delivery from a group of suppliers to a single global payroll platform.
- Policy & Procedure: Participate in the process of ensuring a group of comprehensive payroll policies and standard operating procedures to maintain a strong internal control environment and ensure compliance with company policies and local statutory requirements.
- Core Payroll Operations
- Global Payroll Processing: Ensure accurate and timely payroll execution across all regions, including salaries, bonuses, commissions, and other compensation elements, while maintaining full compliance with local tax and labour regulations.
- Payroll Compliance & Controls: Oversee statutory filings, tax payments, social security contributions, and year-end reporting requirements, ensuring adherence to local laws and audit standards.
- Payroll Accounting & Reconciliations: Ensure payroll-related account reconciliations are completed and reviewed on a timely basis, and assist in payroll accounting matters including funding, accruals, and relevant Journal Entries.
- Vendor & Stakeholder Management: Manage relationships with internal and external payroll vendors and stakeholders, including third party providers, and internal teams including HR, Finance, Legal, and People teams to ensure accurate data flow and alignment on employee lifecycle changes.
- Serve as the main point of contact for employee payroll inquiries for your geographies, resolving complex issues quickly and confidentially.
- Assist in information preparation and enquiries for internal and third party audits.
- Drive continuous improvement in accuracy, timeliness, compliance, and operational efficiency.
WHO YOU ARE
- Experience: Minimum of 5+ years of progressive experience in payroll, including at least 1 year of management experience.
- High-Growth Experience: Prior experience in a high-growth FinTech or technology environment is highly desirable.
- System Proficiency: Demonstrable expertise and hands-on experience with at least one global payroll platform and with HiBob. Experience with Concur and Netsuite is advantageous.
- Compliance and risk management mindset: A good eye for detail and an ability to ensure that processes are followed properly, with good quality reconciliation skills are essential.
- Leadership: Proven ability to manage, motivate, and scale operational teams, fostering a culture of accountability and continuous improvement.
Our Fantastic Benefits (varies by location)
- 20 to 30 days of holiday to support a healthy work-life balance
- Monthly team outing allowance to enjoy social events with your colleagues
- Parental leave top-up additional support for new parents
- On-site perks to make your workday smoother
- Well-being support our health allowance covers gym memberships, massages, and much more to help you feel your best
- PLUS additional benefits designed to enhance your work-life experience!
Join a dynamic environment where you can take ownership, drive change, and continuously embrace new challenges. We’re looking for dedicated and highly motivated individuals who thrive in a fast-paced environment and enjoy collaborating across different areas of the organisation. If your skills and experience align with this role, we’d love to hear from you! Apply now and submit your CV in English.
Payroll Manager in London employer: Trustly
Trustly is an exceptional employer that prioritises a positive workplace culture and employee well-being. With generous holiday allowances, engaging team outings, and a commitment to professional growth, employees are empowered to thrive in a dynamic environment. Join us to make a meaningful impact while enjoying a supportive and collaborative atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Manager in London
✨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 Trustly. 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 in London
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 Trustly.
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 Trustly'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 Trustly
✨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 Trustly.
✨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 Trustly 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 Trustly 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.