Payroll Associate - 6 month FTC

  • Location

    City of London, London

  • Sector:

    Investment Banking

  • Job type:

    Fixed term contract

  • Salary:

    £40000 - £45000 per annum

  • Contact:

    Chris Tuckerman

  • Contact email:

  • Job ref:


  • Published:

    5 months ago

  • Duration:

    6 months

  • Expiry date:


  • Consultant:


Are you a payroll professional with a strong understanding of accountancy and finance? Are you comfortable with journals, reconciliations, accruals and GL files? I am partnering with a leading financial services brand to source a Payroll Associate on a 6 month FTC basis.

Key responsibilities include:

  • Support payroll manager in preparing payrolls across Europe, Middle East and Asia regions including for example, adjustments and checks relating to mandatory data, leavers and joiners, Statutory Maternity Pay/Statutory Paternity Pay, bonuses, restricted stock units, secondees
  • Expatriate administration for global population affecting EMEA payrolls, delivering shadow payrolls, HMRC certification, tax reporting and liaison with local payroll operators
  • Provide assistance with payroll related returns and associated analysis, including P35, P60, P11D, PSA, and Modelo 296
  • Prepare month-end journal entries to record payroll, benefits and other employee awards in the firm's general ledger in line with both UK, US or other local GAAP
  • Substantiate month-end balances, analyse month-on-month movements and variances to forecasts, and report partner and employee remuneration to senior management each month
  • Enhance tools used for tracking employee awards and develop process for forecasting income statement and balance sheet impact of employee awards
  • Provision of materials in response to audit requests
  • Support implementation of global payroll system and transitioning processes onto the new payroll platform

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