Payroll Manager 12 month FTC

Employer
Frazer Jones
Location
City of London, England
Salary
£75000 - £80000 per annum + Bonus & Agile Working
Closing date
21 Jul 2022

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Job Details


Payroll Manager 12 month FTC £75k to £80k + bonus - City

A leading Investment Bank seek an experienced Payroll Manager on a 12 month FTC to head up their payroll function.

Reporting into the Head of People Services this role offers an opportunity to shape and lead a payroll team, drive process change and look to put new controls and frameworks in place to cover risk.

Please note that my client are offering an agile working pattern of 3 days in the office and 2 days from home (with flexibility).

The role:

  • Overseeing and authorisation for 4 payrolls per month
  • Managing technical, complex or unusual queries from the team whilst ensuring the payroll is run efficiently and accurately
  • Keeping up to date on payroll legislation to ensure compliance
  • Managing the Lloyds account and payments in and out, and authorising payments
  • Applying for funding to ensure that we can make our monthly payments
  • Overseeing BACs system
  • Overseeing various external benefits portals to ensure being used efficiently and as necessary
  • Overseeing paper payslips and updating rota
  • Providing a service for VIP and complex requests from Directors/Execs
  • Ensuring appropriate controls are in place, and actively reviewing these on a monthly basis, and amending to mitigate any potential errors. Updating our operational risk framework, and reviewing as needed
  • Ensure processes are clearly documented, and reviewed regularly
  • Define and manage payroll timetables/cut-offs, and communicate appropriately

Stakeholder & relationship management:

  • First point of contact for Pensions Manager, Benefits manager, Shares Team, People Services and tax teams to implement any changes to processes/systems, and address any issues
  • First point of contact with Group Accounts, and ensuring regular reconciliations are in place
  • Managing the relationship with the shares team and actively monitoring future deadlines and payroll impacts, particularly tax year end
  • Ensuring handoffs with other People teams, especially People Services are clear, and reviewed regularly

Team leadership:

  • Manage payroll team, including 6 payroll specialists, 1 payroll apprentice, and 2 payroll system specialists; including setting clear goals and objectives
  • Ensuring the team is working collaboratively, communicating effectively and delegating roles and workload evenly
  • Resource planning for holiday periods, and ensuring team coverage
  • Motivating the team and promoting a strong team work ethic
  • Encouraging diversity and having regular discussions with the team about how we do this respectfully and in keeping with Investec's values
  • Providing mediation for team disputes and using interpersonal skills to bring the team together
  • Learning and owning any further new processes, and ensuring that work is allocated appropriately

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.

Company

About Us

We are global HR recruitment specialists operating across the UK, Europe, the Middle East, Asia, Australia and the USA.

Our team of expert consultants specialise in all areas of HR and possess the skills and ability to advise both clients and candidates on the best approach.

Whatever your situation, we are able to provide permanent and interim solutions and with our global connections we have the ability to build professional network pools across the globe.

Through our regular networking events and thought leadership, we go above and beyond the standard of a recruitment consultancy.

To find out more, visit our website: frazerjones.com

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Find Us
Website
Telephone
+44 20 7415 2815

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