Senior Payroll Specialist

Jefferies; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a dynamic Human Resources team in London, where you'll play a vital role in managing payroll and benefits across Europe. This position offers the chance to work closely with a diverse group of specialists, ensuring compliance and excellence in payroll processing. You'll be at the forefront of supporting a growing organization, providing high-quality service to employees while managing complex payroll systems. If you're passionate about payroll and eager to contribute to a collaborative environment, this opportunity is perfect for you.

Qualifications

• Strong knowledge of UK payroll and legislation is crucial.
• Experience with European payrolls and processes is highly valued.

Responsibilities

• Manage day-to-day UK payroll administration and ensure timely processing.
• Liaise with payroll providers on country-specific requirements.

Skills

UK payroll knowledge

European payroll experience

Tax Year End procedures

Basic accounting knowledge

Project Management

SOX IPE Requirements familiarity

Education

Experience in Financial Services

Tools

ADP payroll systems

PeopleSoft

Oracle Fusion

Job description

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Job Description

Team

The Payroll & Benefits function in London is part of a growing Human Resources department which services 14 branches throughout EMEA and covers all aspects of Human Resources to support Investment Banking, Global Markets & Corporate Functions. This role sits within the Payroll & Benefits team, which is made up of 5 specialists and 2 administrators across the function.

The candidates' duties will include, but are not limited to:

• Day-to-day administration of UK payroll (iHCM2) including collating inputs, monitoring the processing cycle and ensuring sign off in a timely manner
• Ensuring monthly pension/benefits enrolment data is correctly loaded onto payroll.
• Managing monthly Flex benefit changes in payroll
• Sole responsibility for processing of 6 of the 12 European location payrolls on a rolling basis
• Ownership of processes, risk controls and output for those dedicated countries
• Active participation in and working towards becoming the SME for dedicated regions
• Collating Inputs and working closely with other team members to cover payroll for Europe (France, Germany, Switzerland, Italy, Dubai, Sweden, Holland, Poland, Portugal, Spain, Ireland, Israel, Cyprus using ADP Streamline)
• Liaising with payroll providers on country specific payroll requirements and queries
• Preparing and ensuring payroll funding is administered for each region within specified timeframes.
• Working with financial controllers to ensure international payments are correctly allocated.
• Post payroll reporting
• Supporting in the set up of new branch payrolls as the business continues to grow in headcount and expansion across Europe
• Maintaining high level of customer service, responding to, and resolving employee queries in a concise and timely manner.
• Responsibility for UK annual filing compliance (P11D, Form 42, PSA, STBV)
• Responsibility for German annual filing compliance
• Review and propose additional filing requirements and measures for all locations
• Calculating tax due on stock vesting's across UK and EMEA region, processing confirmation statements in HR System and ensuring correct taxes are withheld from employees.
• Creating manuals and procedures for stock vesting activities
• Manual calculations, checks and submission of employee payments, as required
• Liaising with the HR team and the wider business and serving as point of contact for employee payroll queries and requests
• Maintaining and updating employment records (maternity, paternity, absences)
• Running periodical and adhoc reports from the HR system
• Project management on various ongoing and future cross divisional projects

The following skills and experience are required for this role:

• Strong Knowledge of UK payroll and legislation
• Prior experience of European payrolls and processes
• Knowledge of Tax Year End procedures for UK and Europe
• Proven track record of owning regional payrolls & processes
• Basic accounting knowledge as it relates to payroll
• Project Management experience and proven project lead capabilities
• Familiarity with SOX IPE Requirements

Qualifications & Preferred Background

• You will have ideally worked at a large Financial Services firm
• Knowledge of ADP payroll systems, PeopleSoft or Oracle Fusion an advantage

Personal Attributes

• Time management
• Deadline driven and able to manage multiple conflicting priorities
• Excellent communication skills.
• High standard of integrity
• High levels of energy, drive and an ethos of hard work.
• Good team player.
• Capability to work autonomously

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About Us

Jefferies Financial Group Inc. (''Jefferies,'' ''we,'' ''us'' or ''our'') is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.