A market leading, global trading company based in Bank are looking for an experienced Payroll and Benefits Officer to mainly manage the administration for 10 overseas payrolls totally circa 150 employees. In addition the role will also focus on providing administrative support for the company benefits and UK payroll. This is a fantastic opportunity to join a large financial services environment and a business with real, long term career development opportunities.
This role sits within the Payroll, HR & Rewards Team; reporting to the UK Payroll & Benefits Manager you will work to support both the EMEA & UK payroll operations.
As Payroll & Benefits Specialist you will have the responsibility for planning, coordinating and managing the complete payroll lifecycle; including all local income tax, social security deductions, completion of monthly & annual data. The payroll is actually processed by an external service provider but you will have responsibility for notifying the overseas payrolls of payments to be processed; sending and receiving of payroll reports and coordinating the payment process with the finance departments.
Duties & responsibilities:
-Overseas payroll & benefits administration
-Full lifecycle of payroll process
-Keep up to date with country specific statutory payroll requirements/changes that affect salary payments
-Excellent coordination skills; ensuring all third parties, tax authorities, payroll bureaux are communicated to effectively
-Manage the year end process for payrolls
To be suitable for this EMEA Payroll & Benefits Specialist role you will have the following experience:
- At least 3 years of payroll administration experience in a fast paced, busy environment; managing multiple tasks and requirements
-Experience of overseas payroll administration for the EMEA region
-Thorough knowledge & understanding of UK tax, National Insurance/Social Security legislation
- Previous experience with payroll packages, managing outsourced payroll suppliers, being able to work with minimal supervision
-Working knowledge of UK benefits in particular medical insurance
Although not essential, the following experience would be desirable:
- Knowledge of using ADP Freedom and ADP Streamline
-Knowledge of EMEA tax and social security legislation
The salary on offer for this Payroll & Benefits Specialist role is £35,000 - £40,000 plus bonus and benefits.