Payroll - Global Process Owner

TP ICAP Group; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

TP ICAP Group is seeking a Global Process Owner for Payroll to lead the governance and enhancement of payroll processes globally. This role will involve collaboration with stakeholders to ensure compliance and drive innovative payroll solutions, enhancing efficiency across diverse regions while managing various finance operations. Candidates should have substantial experience in finance operations, robust knowledge of payroll accounting, and significant leadership capabilities.

Qualifications

• 6+ years of experience in finance operations or payroll accounting.
• Experience managing payroll-finance integration processes.
• Knowledge of payroll accounting compliance and regulations.

Responsibilities

• Lead the transition to a global standardized payroll process.
• Ensure compliance with internal policies and labor laws.
• Define and monitor KPIs for payroll accuracy and timeliness.

Skills

Finance Operations

Payroll Accounting

Cross-Cultural Leadership

Process Improvement

Project Management

Education

Bachelor’s degree in Finance

MBA or professional certification (e.g., CPA)

Tools

SAP

Oracle

Workday

Job description

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

A new role, the Global Process Owner (GPO) is responsible for the governance, development and enhancement of the end-to-end global Payroll process. The GPO must collaborate with process stakeholders across the organisation, to ensure effective and efficient process operations and identification and leverage of cross-process synergies. The GPO also monitors process performance and prioritises and drives process-related investment decisions and implementation. Additionally, the GPO is accountable for ensuring process compliance with all relevant legislation and company procedures.

We are seeking an experienced Global Process Owner (GPO) for Payroll to design, standardise, and govern the Payroll process. This role will focus on ensuring accurate and compliant payroll accounting, reconciliation, financial reporting, and integration with general ledger and statutory books. The GPO will work closely with several stakeholders to maintain effective controls, enable automation, and ensure payroll financial data supports business planning, regulatory and tax reporting across regions.

Please note: While the role is listed as being based in London, we are open to considering candidates located in other TP ICAP Group office locations, depending on the suitability of the individual and business needs.

Role Responsibilities

Process Leadership & Strategy

• Transition from existing regional Payroll model to global standardised operating structure, centralising where appropriate

• Ensure we define and build a fit for purpose ‘to be’ global payroll process, ensuring local requirements are met, be they nuanced local tax reporting or approvals

• Own the end-to-end global Payroll Finance process, covering journal entries, accruals, reconciliations, payroll-related provisions

• Develop a comprehensive transformation roadmap for payroll accounting to drive scalability, transparency, and global compliance

• Act as the global authority on payroll-related finance treatment, including compensation types such as bonuses, variable pay, benefits, and statutory obligations

• Line management of a global team across time zones and jurisdictions

Standardisation & Optimisation

• Establish and maintain globally consistent payroll accounting policies, GL mapping methodologies, and reconciliation practices while accommodating local requirements

• Develop and roll out standardised templates for journal entries, employer tax reporting, and payroll-related accruals

• Highlight upstream process dependencies so we can fix processes at source

• Identify and implement opportunities for simplification, automation, and elimination of manual interventions across payroll finance tasks

Technology & Systems Enablement

• Collaborate with IT, HRIS, and ERP teams such as SAP, Oracle, and Workday to ensure seamless integration between payroll systems and finance platforms

• Build a business wide end-to-end process to ensure clear ownership of payroll data and a workforce model, that both reconciles to the underlying financial accounting and enables future forecasting of our largest cost base

• Create, monitor and hold to account key sources of data to ensure it remains accurate and appropriate

• Build on existing systems and disparate ways of working to identify the best tool for the job

• Define business requirements for payroll-related finance automation, including GL feeds, reconciliation tools, audit trails, and exception management workflows

Compliance & Controls

• Ensure payroll finance processes comply with internal policies, SOX/internal control frameworks, tax regulations, labor laws, and applicable financial reporting standards

• Design and enforce robust internal controls over payroll accounting, including journal entry validation, error resolution, reversals, and reclassifications

Performance Management

• Define and monitor KPIs (Key Performance Indicators) and SLAs (Service Line Agreements) to track payroll accounting accuracy, completeness, and timeliness

• Implement dashboards and reporting tools to monitor reconciliation status, manual journal counts, exception items, and close cycle metrics

Stakeholder Engagement

• Partner with HR, Payroll Operations, Tax, Legal, Treasury, and local finance teams to ensure accurate, timely, and compliant payroll accounting across all geographies

• Act as the central point of contact for escalations related to payroll accounting discrepancies, late feeds, or process issues

Change Management & Training

• Design and deliver global training on payroll accounting policies, journal templates, and month-end procedures

• Champion adoption of new tools, systems, and controls across global and regional finance teams

Experience / Competences

Essential

• Significant years of experience in finance operations, payroll accounting, or shared services in a multinational environment.

• Deep knowledge of global payroll-related accounting, including employer contributions, bonuses, and equity-based compensation.

• Proven experience managing or transforming payroll-finance integration processes using ERP systems (SAP, Oracle) and payroll platforms

• Cross-Cultural Leadership

• Must have experience in dealing with C-Suite stakeholders and demonstrable experience of working at pace

• Proven experience leading global process ownership, transformation, or standardisation initiatives in a complex, international environment

Desired

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA, Qualified Accountant (ACA, CIMA, ACCA or equivalent) or professional certification (e.g., CPA) is a plus

• Proficient in ERP platforms (e.g., SAP, Oracle, Workday), financial planning (OneStream) and/or automation tools (e.g., Coupa, Alteryx, Ariba, Anaplan, Power BI)

• Financial & Regulatory Acumen

• Lean Six Sigma certification or similar process improvement credentials

Job Band & Level

• Manager / 7

#LI-MID #LI-Hybrid

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

UK - 135 Bishopsgate - London