If you are an experienced Payroll Specialist, and love to work in fast moving, and growing businesses taking ownership of processes, we'd love to speak with you. Sterling Williams are supporting a City of London based FinTech / Payments Institution in their search for such a person, in a newly created Payroll position.
Payroll Specialist
London - City - Hybrid (3:2)
Permanent, Full-Time
Salary circa £45,000 - 60,000 pa plus benefits.
Reports to: Head of HR
We're looking for a Payroll Specialist to make sure everyone is paid accurately, and on time across a number of geographies and locations, work with external providers and local advisers, and act as the trusted point of contact for employees on pay queries.
Payroll processing:
- Run end-to-end monthly payroll for all locations, from data collection to payment and payslip distribution
- Process starters, leavers, promotions, pay changes, overtime, allowances, bonuses, commissions, and equity-related payments
- Manage statutory deductions and payments, including income tax, social contributions, pensions/retirement, and loan or garnishment deductions
- Run pre- and post-payroll checks and variance analysis to catch errors before they reach employees
- Handle off-cycle payments, corrections, and expense reimbursements
Multi-country and provider management:
- Manage relationships with external payroll providers, bureaus, and local accountants in each country
- Review and challenge payroll providers' output, checking it against source data before it is submitted or paid
- Coordinate local statutory filings, year-end returns, and tax authority submissions
- Keep up to date with changes to payroll legislation, tax rates, and thresholds in each jurisdiction
- Support the set-up of payroll in new countries as we expand
Other:
- Provide payroll journals, accruals, and reconciliations to Finance each month and support month-end and year-end close
- Work with the Head of FP&A to provide accurate actuals for people-cost reporting and forecasting
- Maintain the accuracy of payroll data in the HRIS and payroll systems
- Maintain payroll policies, procedures, and documented controls, ensuring segregation of duties and data confidentiality
- Ensure compliance with GDPR and local data protection requirements for employee data
- Identify opportunities to automate and improve payroll processes
- Be the first point of contact for payroll, tax code, pension, and payslip queries
- Explain pay calculations clearly and sensitively
- Support managers and People Partners on the payroll implications of changes to employment
The successful candidate will have:
- 4-6 years of experience in payroll, ideally running full-cycle payroll in a growing business
- Strong working knowledge of payroll legislation, tax, and statutory deductions in relevant jurisdictions
- Advanced Excel/Google Sheets skills, with the ability to reconcile and analyse large data sets
- Experience working with HRIS and payroll systems (e.g. ADP, Papaya Global, Deel, Xero, Sage, BambooHR)
- Exceptional attention to detail, with a record of accuracy under tight deadlines
- Strong judgment and discretion when handling confidential data
- Clear communication skills, with the ability to explain pay topics simply
Desirable:
- Experience managing multi-country payroll through external providers
- Experience in fintech, technology, or a high-growth environment
- Experience with equity, share option, and bonus payroll processing
- Understanding of payroll accounting and journals
- Professional qualification such as CIPP, CIPD, or equivalent payroll qualification
- Experience with payroll audits and internal controls