Payroll Specialist

Posted:
10/4/2024, 1:10:00 AM

Location(s):
London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

The Payroll Specialist will be a member of the UK payroll team, reporting directly to the UK Payroll Manager, and providing support in processing both UK and international payrolls.

Key Tasks and Responsibilities

  • Process monthly payrolls for employees across multiple locations in Europe (France, Spain, Italy, Cyprus and Netherlands) and Australia, ensuring compliance with local regulations and legal standards

  • Coordinate with global payroll providers and internal teams, ensuring that payroll deadlines are consistently met

  • Support with payroll reporting for internationally mobile employees

  • Support the payroll team with the end-to-end processing of UK Payrolls (managed in house using Workday)

  • Support with payroll related reconciliations, including multiple equity plans, benefits

  • Support with the payroll recharges and accounting reporting  

  • Provide support during internal and external payroll audits

  • Drive efficiency and accuracy by identifying and implementing best practices in payroll processes

  • Maintain detailed and up to date payroll process documents

  • Support Payroll manager on key payroll-related projects from initiation to completion

  • Provide support during annual regulatory reporting projects, including P11d(b), PSA, Appendix 8, GPG, ERS

                                                                                                   

Role Requirements & Skills

Skills / Competencies

  • Deep understanding of global payroll regulations and tax law

  • Good knowledge of UK payroll regulations (PAYE, NIC, statutory absences and reporting)

  • Strong organisational skills, with the ability to manage tight deadlines

  • Strong analytical and reporting capabilities with great attention to detail

  • Excellent interpersonal and communication skills and strong problem-solving abilities

  • High levels of integrity, confidentiality, diplomacy, and resilience

Qualifications

  • CIPP qualification (required)

  • Strong business skills: Word, Excel, PowerPoint, Access, Outlook

  • Workday Payroll trained (desirable)

Experience

  • Financial services experience

  • Equity (RSU, LTIPs, SAYE, ESPP)

  • Experience of working in a demanding and busy environment, happy to work independently and handle processes end to end.

  • Good understanding of GDPR and SOX regulations

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14100 ARCH UK ACCOUNT SET - TO BE USED FOR Q1 PAYROLL ONLY - Arch Europe Insurance Services Ltd

Arch Capital Group Ltd

Website: https://archgroup.com/

Headquarter Location: Hamilton, Hamilton, Bermuda

Employee Count: 5001-10000

Year Founded: 1995

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Finance ⋅ Financial Services ⋅ Insurance