Analyst 2 – UK Payroll

Newmark; Hyderabad; On-site; INR 600,000 - 800,000; Full time

Job summary

A leading financial services firm based in Hyderabad is seeking a Payroll Specialist to manage end-to-end payroll processes for the firm’s employees. The successful candidate will work closely with the HR team, ensuring precise payroll calculations and addressing employee queries. Ideal applicants will have excellent attention to detail, understanding of tax procedures, and previous experience with integrated HR and Payroll systems. Strong Excel skills and a collaborative spirit are essential. An opportunity to contribute significantly to payroll operations awaits.

Qualifications

• Excellent attention to detail required.
• Understanding of tax procedures needed.
• Previous experience with HR and Payroll systems necessary.

Responsibilities

• Calculate adjustments and check payroll payments.
• Provide HR with manual payment breakdowns.
• Address employees' payroll queries.

Skills

Attention to detail

Understanding of tax procedures

Experience with integrated HR and Payroll systems

Collaborative teamwork

Excel skills

Strong communication skills

Job description

End to end monthly process of the Firm’s payroll (690 FTE), working closely with HR team to ensure accurate processing.

Responsibilities

• Calculate adjustments and check starter and leaver payments, including holiday pay
• Check all data entered from HR and payslips
• Provide HR with manual payment breakdowns for any exceptional adjustments.
• Create maternity, shared parental and paternity payment schedules for employees.
• Check and send pension information to our pension provider.
• Update Childcare voucher payments to provider.
• Set up BACS payments
• Provide Leavers with P45
• Address employees' payroll queries
• Run Finance report for Sun system and create journals for Sun, reconciling payroll and uploading.
• Update charge out rates in the business system
• Make NIC payments to HMRC
• Process year end payroll closure and create P60
• Assist with the PSA calculations
• Manage the administration of all benefits that impact payroll such as season ticket loans, rental dep

Qualifications

• Excellent attention to detail
• Understanding of tax procedures, benefits and other wage deductions including salary sacrifice
• Previous experience of using an integrated HR and Payroll system
• Capable of working with minimum supervision
• Enjoys working with others, collaborating across teams to provide the best solution
• Good Excel skills
• Personable and friendly with strong communication skills

Job Info

• Job Identification 247823
• Posting Date 03/12/2026, 02:51 PM
• Locations Level 11, Building 9, Hyderabad, TS, 500081, IN