Payroll Administrator

CMC MARKETS PLC; City of Westminster; On-site; GBP 32,000 - 42,000; Full time

Job summary

CMC Markets is seeking a Payroll & Benefits Administrator to ensure accurate and timely UK payroll delivery, benefits processing and share scheme administration. You will work closely with HR and Finance, third-party providers, and employees to deliver high-quality service and prompt payroll responses.

The role involves coordinating UK payroll inputs, reconciling outputs, preparing journals, and generating management information for audits.

Qualifications

• Previous experience in payroll administration, ideally UK payroll.
• Experience with a third-party payroll provider or outsourced payroll service.
• Advanced Excel skills and strong data accuracy are essential.

Responsibilities

• Coordinate payroll inputs and submissions for the UK.
• Prepare payroll journals and supporting documentation for review.
• Respond promptly to payroll queries from employees and HR.
• Prepare reports and reconciliations for audit requirements.
• Maintain accurate payroll records and comply with controls.
• Support administration of benefits and employee share schemes.

Skills

Payroll administration

UK payroll

Excel (VLOOKUP/XLOOKUP)

Attention to detail

Communication skills

Organisational skills

Discretion with confidential data

Stakeholder support

Tools

HRIS

Payroll software

Job description

CMC Markets is looking for a Payroll & Benefits Administrator to support the accurate and timely delivery of UK payroll, benefits and employee share scheme administration. Working closely with HR, Finance, employees and third-party providers, you will help ensure payroll is processed accurately, reconciliations are completed within agreed deadlines, and employees receive a high-quality, responsive service.

Payroll:

• Coordinate payroll inputs and support payroll submissions for the UK.
• Complete payroll input, output and variance reconciliations, investigating discrepancies where required.
• Prepare payroll journals and supporting documentation for review and approval.
• Respond promptly to payroll queries from employees, HR, Finance and external providers.
• Prepare reports, reconciliations and documentation for internal and external audit requirements.
• Maintain accurate payroll records and ensure compliance with relevant controls, policies and procedures.

Benefits and share schemes:

• Support the administration of the Flexible Benefits programme, including new-joiner enrolments and monthly processing.
• Reconcile pension contributions against provider invoices and direct debits.
• Prepare management information for benefit providers within agreed deadlines.
• Support the processing and reconciliation of benefit provider invoices.
• Maintain accurate records for Season Ticket Loans and other employee loans.
• Support the administration of employee share schemes and ensure payroll reporting requirements are accurately communicated and processed.

Essential:

• Previous experience in payroll administration, ideally UK payroll.
• Experience working with a third-party payroll provider.
• Advanced Microsoft Excel skills, including VLOOKUP/XLOOKUP, PivotTables, formulas, data analysis and reconciliation techniques.
• Excellent attention to detail and a strong commitment to accuracy.
• The ability to work under pressure, manage competing priorities and meet strict deadlines.
• Strong written and verbal communication skills.
• Effective organisation, problem-solving and prioritisation skills.
• A collaborative, customer-focused approach.
• The ability to handle confidential payroll, benefits and employee information with discretion.
• Experience with HR Information Systems, multi-country payroll, payroll and HR management information, employee benefits or pension schemes would be desirable. This role will suit someone who enjoys combining detailed administration, data analysis and stakeholder support, and who is committed to delivering a reliable and professional payroll and benefits service.