Payroll Specialist

Posted 9 Days Ago
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London, Greater London, England
Entry level
Financial Services
The Role
The Payroll Specialist processes payrolls for employees in Europe and Australia, ensuring compliance with local regulations. Responsibilities include coordinating with global payroll providers, supporting payroll reporting, auditing, and maintaining payroll documents, while driving efficiency and accuracy in payroll processes.
Summary Generated by Built In

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

Top Skills

Workday
The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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