Payroll & Benefits Specialist

We are seeking a Payroll & Benefits Specialist to be based in London. You will join a payroll team with colleagues located in London and Hamburg. This role requires extensive experience in UK payroll and benefits management, with additional knowledge of Sweden, France and USA being advantageous. A strong knowledge of UK personal tax matters, including tax codes, National Insurance, statutory calculations, and benefits in kind, is essential. You will manage international payroll across multiple providers, ensuring precise data processing and handling large financial transactions. Strong multitasking skills and the ability to manage priorities in a fast-paced environment are crucial. The role also requires initiative in identifying process improvements to ensure the smooth running of payroll and benefits operations. Advanced proficiency in Microsoft Office (Excel, Word) is required. What will you do?:

• Payroll Management: Oversee payroll calculations for 500 UK-based employees and 50 in Non-UK offices (France and Sweden), ensuring review and sign-off under the 4-eyes principle with HR Compensation & Administration, and answering day to day employee queries. Ability to make manual calculations.
• Data Accuracy & Timeliness: Ensure accurate collection and management of payroll-related data (absences, statutory calculations, benefits, cost centers, etc.) in internal and external systems.
• Collaboration with External Providers: Communicate with external payroll service providers and address global mobility topics, including secondments, tax, social security, pensions, and legal compliance.
• Benefits Management: Review flexible benefit schemes in collaboration with external providers, support benefit renewals, and manage annual benefit election windows.
• Compliance & Reporting: Manage statutory reporting, such as P11Ds, PSA agreements, and social security returns, while ensuring compliance with financial and payroll regulations.
  
  Experience in UK Payroll & Benefits: Extensive knowledge of UK payroll and benefits required; experience in Sweden, France and USA is advantageous.
• Tax Knowledge: Strong understanding of UK personal tax matters (tax rates, tax codes, National Insurance, statutory calculations, benefits) required; international tax knowledge is a plus.
• International Benefits Experience: Proven experience working with benefit programs across multiple providers internationally.
• Financial Data Processing: Comfortable handling large volumes of numerical data and processing finance-related transactions.
• Multitasking & Initiative: High ability to manage multiple tasks and priorities, with a proactive approach to identifying improvements and ensuring smooth payroll and benefits operations.
  
  Persönliche Daten
Land Vereinigtes Königreich Stadt London Art der Anstellung Professional Arbeitszeit Vollzeit Vertragsart Unbefristet Offene Stellen 1, We are a leading European private bank, with over 430 years of experience and deep rooted history, but we are still shaping and heavily investing in our future. Our progress and evolution are driven by our people. We encourage them to try new approaches, voice their opinions and achieve success in their own way. We provide opportunities for them to develop their talents, explore different career paths and achieve their full potential. We're an ambitious, forward-looking business, backed by centuries of tradition and built on innovation. You'll find a culture that encourages people to think independently, act entrepreneurially and challenge the status quo. Together we collaborate to shape our business and fulfil our ambitious goals. We welcome you to join us in our commitment to always do the right thing for our people, clients and our business - Our future is where you take us! We will only accept applications submitted through our online application management system on the website. Berenberg is an Equal Opportunities Employer and prides itself on being a modern, dynamic and internationally orientated organisation. We value the rich diversity, skills and abilities and creative potential that people from differing backgrounds and experiences bring to the workplace. Every employee plays a vital role in providing quality service to all our customers and helping to create and inclusive working environment, where everyone can realise their full potential. We're committed to finding reasonable accommodations for candidates who require adjustments during our recruiting process. Please contact us directly on recruitment@berenberg.com to discuss. Zurück zu den Stellenanzeigen


• Private pension plan - 10% of base salary contribution by Berenberg
• Generous 30 day holiday allowance
• Private Health Insurance
• Life Insurance scheme
• Flexible working hours
• Enhanced parental leave policies
• Employee Assistance Programme offering counselling sessions related to mental health, financial wellbeing and other topics