All Jobs Vacancy

Payroll Specialist

Posted 1 week ago by Magnit Global

Summary: The Payroll Specialist role at a Global Banking Organisation in London involves managing end-to-end payroll processing within a regulated environment for a medium-to-large scale operation. This hands-on position requires the specialist to support payroll accounting activities, liaise with various departments, and ensure compliance and accuracy in payroll cycles. The role also includes managing payroll system integrations and driving process improvements. This is a contract position for 11 months, classified as inside IR35.

Key Responsibilities:

  • Full end-to-end payroll processing across the employee lifecycle (joiners, leavers, transfers, parental leave, expatriate payroll)
  • Ownership of payroll accounting activities, including general ledger postings and reconciliations
  • Post-payroll processing including pensions, benefits reconciliation and internal account movements
  • Liaising with HR, Finance, Benefits and Global Mobility to ensure accurate and timely payroll changes
  • Managing payroll system integrations (ADP IHCM, Workday, Darwin) and maintaining data integrity
  • Handling payroll queries and delivering a high-quality employee service
  • Supporting audits and maintaining robust payroll controls
  • Identifying process improvements and driving efficiencies

Key Skills:

  • Proven UK end-to-end payroll experience within financial services or another regulated environment
  • Experience supporting medium to large-scale payrolls
  • Strong working knowledge of ADP and Workday is highly desirable
  • Solid payroll accounting knowledge (reconciliations, GL processes)
  • Advanced Excel skills
  • Strong stakeholder engagement skills across HR and Finance
  • Excellent attention to detail and ability to work to tight deadlines
  • Desirable: Benefits processing experience, pension knowledge, exposure to international/expatriate payroll, CIPP qualification (or working towards)

Salary (Rate): £330 per day

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: Mid-Level

Industry: HR

Detailed Description From Employer:

Payroll Specialist, Global Banking Organisation London (3 days office / 2 days remote) 11 Month Contract £330 per day (Inside IR35) Global Banking Organisation is seeking an experienced Payroll Specialist to join its London-based HR function on an 11 month contract. This is a hands-on role within a regulated environment, supporting a medium-to-large scale payroll operation and deputising for the Payroll Lead when required. The Payroll Specialist will be responsible for delivering accurate, compliant end-to-end UK payroll processing while supporting strong financial controls and smooth monthly and annual payroll cycles.

Key Responsibilities

  • Payroll Analyst: Full end-to-end payroll processing across the employee lifecycle (joiners, leavers, transfers, parental leave, expatriate payroll)
  • Ownership of payroll accounting activities, including general ledger postings and reconciliations
  • Post-payroll processing including pensions, benefits reconciliation and internal account movements
  • Liaising with HR, Finance, Benefits and Global Mobility to ensure accurate and timely payroll changes
  • Managing payroll system integrations (ADP IHCM, Workday, Darwin) and maintaining data integrity
  • Handling payroll queries and delivering a high-quality employee service
  • Supporting audits and maintaining robust payroll controls
  • Identifying process improvements and driving efficiencies

Experience Required

  • Payroll Analyst: Proven UK end-to-end payroll experience within financial services or another regulated environment
  • Experience supporting medium to large-scale payrolls
  • Strong working knowledge of ADP and Workday is highly desirable
  • Solid payroll accounting knowledge (reconciliations, GL processes)
  • Advanced Excel skills
  • Strong stakeholder engagement skills across HR and Finance
  • Excellent attention to detail and ability to work to tight deadlines

Desirable: Benefits processing experience, pension knowledge, exposure to international/expatriate payroll, CIPP qualification (or working towards). This is an excellent opportunity for an experienced payroll professional looking for a technically strong contract role within a structured and high-performing environment. Please apply now or message for a confidential discussion.

Rate:
£40/hour
Location:
London
IR35 Status:
Inside
Remote Status:
Hybrid
Industry:
HR
Seniority Level:
Mid-Level

Take-Home Pay

£5,600 per month

Visit calculators for additional details

Create a free account to view the take-home pay for this contract

Share job