My client, an Investment Management firm based in City of London, is seeking a highly experienced Senior Payroll Specialist to join their company. The successful candidate will have a strong background in payroll management within the investment management industry. This is a standalone role responsible for handling payroll for the firm's employees, as well as the payroll and expenses for the fund team.
This is a permanent and full-time role with a salary of £65,000 - £75,000.
Position Overview:
My client, an Investment Management firm based in City of London, is seeking a highly experienced Senior Payroll Specialist to join their company. The successful candidate will have a strong background in payroll management within the investment management industry. This is a standalone role responsible for handling payroll for the firm's employees, as well as the payroll and expenses for the fund team.
Responsibilities:
- Payroll Management:
- Oversee and manage the end-to-end payroll process for the investment management firm's employees.
- Ensure accurate and timely processing of payroll, including salary adjustments, bonuses, commissions, and other compensation components.
- Maintain and update employee payroll records, including salary changes, deductions, and tax information.
- Ensure compliance with relevant payroll laws and regulations.
- Fund Team Payroll and Expenses:
- Handle the payroll and expenses for the fund team, which consists of varying compensation structures such as carried interest and profit sharing.
- Collaborate with fund team members to accurately calculate and process their compensation, ensuring adherence to internal policies and procedures.
- Manage fund team expense reimbursements, ensuring proper documentation and compliance with expense policies.
- Reporting and Analysis:
- Prepare payroll reports, including tax filings, payroll registers, and other required documentation.
- Conduct regular audits to ensure data accuracy and resolve any discrepancies.
- Analyze payroll data and provide insights to management regarding payroll expenses, trends, and potential cost-saving measures.
- Compliance and Regulatory Requirements:
- Stay up-to-date with payroll laws, regulations, and best practices within the investment management industry.
- Ensure compliance with federal, state, and local tax regulations related to payroll.
- Coordinate with internal and external auditors during payroll audits.
- Process Improvement and Automation:
- Identify opportunities to streamline and automate payroll processes, improving efficiency and accuracy.
- Collaborate with relevant stakeholders to implement payroll system enhancements and upgrades.
Qualifications:
- Minimum of 5 years of experience in payroll management, preferably within an investment management firm.
- Strong knowledge of payroll laws, regulations, and best practices.
- Proficient in using payroll software and systems.
- Attention to detail and ability to handle confidential and sensitive information.
- Strong analytical and problem-solving skills.
- Excellent organizational and time management abilities.
- Effective communication and interpersonal skills.
Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates