Payroll and Benefits Specialist

About the Role

Our client is a Global Financial Markets Trading Company. This leading financial services organization has an excellent reputation and is continuing to grow. As a result of this they are now looking for a payroll and benefits professional to join their extremely friendly City of London team. This will be a hybrid role with two days a week in the office.

Date: 19 Aug 2025
Sector: HUMAN RESOURCES
Type:
Contract

Location:

London
Salary: £55000 - £75000 per annum
Email:  

Position:
Payroll and Benefits Specialist

• Own and manage end-to-end payroll operations for multiple UK and overseas client entities.
• Lead client onboarding to payroll systems, ensuring HMRC registration and compliance with payroll legislation. Act as a strategic partner to clients, delivering seamless transitions through clear communications and project management.
• Strategically plan and execute tax year-end processing, including P11D(b), P60s and Directors NI reconciliation. Ensure full compliance in UK and overseas tax authority requirements, liaising with HMRC and other bodies when needed.
• Take ownership of client pension administration including auto‑enrolment, onboarding, off‑boarding and ad‑hoc adjustments. Develop and implement strategies to optimise pension processes and ensure ongoing compliance with UK and overseas legislation.
• Lead and manage the annual benefits renewal process for all clients, liaising with benefit providers and brokers to assess offerings, recommend improvements, negotiate costs and ensure accurate processing and reconciliation of benefits such as Group Income Protection, Group Life Assurance and Private Medical Insurance.
• Maintain and oversee the Medical Underwriting log for all relevant client employees, informing the broker of both existing and new joiners that exceed the free‑cover level throughout the year, particularly during the annual salary review process.
• Continuously improve payroll systems and processes, leveraging technical expertise to drive efficiency, automation and scalability. Champion best practices and innovation across the payroll and benefits function.
• Generate and analyse payroll data and reports, providing strategic insights and data to support each client’s needs and organisational goals.
• Conduct bi‑annual reviews of preferred benefit brokers, ensuring competitive service offerings and management fees. Lead transitions to alternative brokers where necessary to better meet client needs.
• Support the wider HR team with strategic projects including client onboarding and off‑boarding onto client payroll software, including BACs set up. Ensure a first‑class client experience through effective project management and stakeholder engagement.
• Collaborate cross‑functionally with Talent Acquisition, HR and Culture & Talent teams ensuring alignment and consistency in the employee experience across all client organisations.

• CIPP qualification highly beneficial.