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Payroll Accountant

Posted 3 months ago

  • Blackfriars, Greater London
  • Permanent
  • £55,000 to £60,000 /Yr
  • Sponsored

Payroll Accountant

Salary - �55,000 - �60,000 (dependent on relevant experience)

Hybrid role (4 days in the office)

London based

Permanent, full time

Cedar have exclusively partnered with a leading Financial Services firm in London who are looking to hire a proven part-qualified Payroll Accountant with global experience to join their dynamic team.

The ideal candidate will have substantial experience in compensation posting and be a proactive, detail-oriented professional with a passion for streamlining processes. Strong interpersonal skills are essential, enabling effective collaboration with finance, HR, and payroll teams. Additionally, the successful candidate will have a strategic mindset, capable of anticipating and addressing future challenges.

Key Responsibilities:

  • Prepare and post all global Payroll Journals (18 different countries)
  • Conduct month-end cost and variance analysis.
  • Manage month-end accruals and headcount Journals.
  • Reconcile compensation-related Balance sheet accounts.
  • Generate salary cost reports per regulatory requirements.
  • Oversee annual reconciliation of PSA, P11D, and other accruals.
  • Reconcile payroll bank account monthly.
  • Clear outstanding bank entries daily.
  • Provide FX Journals and Hedging info to Treasury.
  • Liaise with external auditors on salary-related costs.
  • Review and challenge quarterly balance sheet reconciliations.
  • Assist with Payroll Transformation projects.

Competencies:

  • Strong technical accounting skills.
  • Exceptional attention to detail and organisational skills.
  • Strong analytical and problem-solving skills.
  • Excellent teamwork and interpersonal skills.
  • Persuasive and influential with sound judgement.
  • Ability to manage time, prioritise effectively, and meet deadlines.
  • Strong networking and communication skills.
  • Strategic collaborator with foresight and agility.

Experience:

  • Part qualified accountant
  • Extensive experience in preparing and posting compensation-related Journals.
  • Proven track record of process improvement and value addition.
  • Advanced Microsoft Excel skills.
  • Experience with financial statements and managing audits.
  • Strong documentation and communication skills.

Please note that only shortlisted candidate will be contacted.