Payroll Specialist

Firm
Location
London
Education
Postgraduate degree
Benefits
Competitive

A&M are looking for an outstanding Payroll Specialist to join our global team and be based in our London office.  The role will report into the Global Payroll Director while working closely with the Global payroll team.  The right candidate will also work closely alongside HR, Benefits, Finance and the Business with an immediate focus on processing multiple monthly payrolls for the UK, Germany, Poland, Sweden, Netherlands and France as well as other European countries.

Responsibilities: 

  • Ensure that starters, leavers, leaves of absence, salary increases, bonuses and transfers are all processed correctly. Preparation of employee related information and input into flexi-form to send to Payroll Provider.

  • Ensure accurate processing of Managing Director emoluments, including monthly draw, bonuses, benefits, deferred payments, loans etc.

  • Ensure accurate processing of one-time bonus payments (e,g. Guaranteed bonuses, sign-on bonuses etc.) and annual bonus payments.

  • Ensure adequate approvals are obtained in respect of any ‘manual’ payment requests and process manual payroll payments as needed.

  • Review the payroll output reports and payroll provider file before BACs/SEPA release to ensure all items have been processed correctly and are in line with expectations. Query and investigate any material monthly variances.

  • Adhere to payroll cut-off dates and ensure that SLA and deadlines with payroll provider and Business Partners are met and contribute to any decisions on new payroll providers

  • Liaise with payroll provider to ensure that payroll is processed timely and accurately. Work with payroll provider and internal payroll management to ensure that payroll legislative changes are applied timely.

  • Ensure all manual payments are loaded in an accurate and timely manner for Finance to release on HSBC net.

  • Ensure all appropriate FX rates have been updated where translation is required

  • Book accounting entries arising from the monthly payrolls and, in conjunction with Finance ensure that GL payroll accounts are appropriately reconciled.

  • Maintain up-to-date knowledge of Payroll Legislation and internal policies

  • Review payroll for appropriate PAYE codings, benefits and salary sacrifice deductions

  • To be first point of contact on all income tax/social security queries from the various countries tax authorities in liaison with payroll providers

  • To assist with any PAYE/Income tax/soc security reviews by tax inspectors across Europe

  • Respond to employees’ questions and inquiries in a timely and courteous manner.


Requirements:

  • In depth knowledge of UK payroll and understanding of relevant HMRC legislation

  • Charter Institute of Payroll Professional Payroll (CIPP) Technician /Advanced Payroll Technician certificate desirable

  • A number of years experience processing UK and European Payroll (i.e. Germany, France, Italy, etc).

  • Good communication skills both verbally and written

  • Fluent in English and ideally either German or French

  • Ability to work independently, be part of a remote team

  • Ability to provide excellent customer service, be proactive, flexible, adaptable while problem solving when required

  • Must be organized and adaptable to crucial time frame and changes

  • Excellent skills in Excel

  • Experience working a fast-paced, growing environment and across time zones would be advantageous

  • Experience with Workday Human Capital Management system and a financial reporting System a plus

Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Voluntary Inclusion


It is Alvarez & Marsal’s policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Job information

Firm: Alvarez & Marsal

Location: London

Education: Postgraduate degree

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