Payroll Specialist, Europe

Posted:
12/19/2024, 4:00:00 PM

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

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Accounting

Closing Date: 02 January 2025

Worker Type:

Permanent

Working with our payroll processing partners, and based in our London office, the payroll specialist will be responsible for the timely and accurate processing and validation of payrolls to meet in-country legislative requirements, policies and service level agreements are met. The role will be the initial point of contact for our in-region colleagues and will support the international payroll function with ongoing governance tasks.

Experience

Hands-on operational payroll processing (mandatory)
UK and French payroll processing including knowledge of related legislative requirements (mandatory)
Manual calculations (mandatory)
International assignees and shares processing (desirable)
Strong proficiency with Excel and similar tools (mandatory)
Process documentation and maintenance (mandatory)
Working with integrated HR and Payroll systems e.g. SAP Payroll, Workday, ADP iHCM (highly desirable)
Project and process improvement exposure (desirable)
Payroll accounting (desirable)
Working in Financial services or another highly regulated sector (desirable)
US payroll exposure (desirable)

Key capabilities

Fluent in French (desirable) and English (spoken & written) 
Good stakeholder management and communication skills, with the confidence to pick up the phone and have a conversation
Comfortable working with and manipulating datasets / information using tools such as Excel to validate accuracy of data
Ability to build and maintain strong relationships with our payroll processing partners and to troubleshoot and problem-solve using HCM solutions and tools – e.g. troubleshooting integration files and data feeds
Comfortable working in a fast-paced and changing environment
Strong focus on attention to detail
Excellent time-management
Curious and analytical mindset
Strong ownership and accountability for outputs and outcomes (e.g. reports, issues and risks)

Qualification Requirements

Minimum 3-5 years’ UK and France payroll experience (mandatory)
Tertiary qualified in Business, Accounting or HR-related discipline (desirable)

Key decisions

Handling non-compliance or discrepancies
Escalation of issues to line manager

Key Accountabilities

Payroll processing for UK and French payrolls including calculation of statutory payments (SMP, SSP, pension and other in country benefits), in country taxes and applicable allowances and deductions.
Assist with  end of month payroll reporting, journals and reconciliation
Maintain payroll records and documentation across shared sites.
Work closely with outsourced payroll providers, provide instructions, review outputs and raise corrective instructions as required ensuring accuracy of payroll changes.
Generate and analyse payroll-related reports (e.g., variance reports, headcount, tax, pension etc.) to ensure accuracy and compliance with in-country legislation and policies
Act as the first point of contact for international payroll-related queries, providing timely and accurate advice to colleagues on payroll processes, policies and systems
Assist in the preparation of year-end payroll reports and statutory filings to meet compliance with filing and reporting deadlines
Support requests for information from business areas including reward and equity teams.
Contribute to and assist the update of payroll process documentation to reflect current practices and governance standards
Follow appropriate guidelines for escalations / dispute resolution
Provide recommendations for process improvements to better serve our colleagues
Ensure the confidentiality and security of payroll data, adhering to data protection and GDPR requirements
Contribute to the sharing of knowledge to ensure effective collaboration and cross skill of all team members

Key Performance Indicators

Meet agreed SLAs for payroll accuracy (i.e. minimising post-processing adjustments) and on-time payroll processing
Compliance with in-country legislation and regulations or appropriate escalation as required
Timely response and resolution of payroll queries
Contribute to accurate working documentation
Provide recommendations for process changes to ensure better ways of working
Proactively manage risk, escalating events, issues or breaches as they are identified
Adhere to controls, process and procedures pertinent to role

It’s more than a career at NAB. It’s about more opportunity, more moments to make a difference and more focus on you.

Your job is just one part of your life. When you bring your ideas, energy, and hunger for growth to us, you’ll be recognised and rewarded for your contribution in return. You’ll have our support to excel for our customers, deliver positive change for our communities and grow your career. 

It’s a good time to see what more you can find at NAB as a

Payroll Specialist, Europe

A diverse and inclusive workplace works better for everyone.
At NAB, we’re intent on building a culture we can all be proud of. One based on trust and respect. An uplifting environment where every single one of us feels appreciated and empowered to be our true, authentic selves. A diverse and inclusive workplace where our differences are celebrated, and our contributions are valued. It’s a huge part of what makes NAB such a special place to be.

Join NAB

If you think this role is the right fit for you, we invite you to apply.

To be eligible to apply, you must have UK citizenship or UK working rights. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert.

Please note unsolicited CVs from agencies will not be accepted.

National Australia Bank

Website: https://nab.com.au/

Headquarter Location: Docklands, Victoria, Australia

Employee Count: 10001+

Year Founded: 1858

Industries: Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech ⋅ Lending ⋅ Payments