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Sector: Finance and Accounts
Role: Specialist
Contract Type: Permanent
Hours: Full Time
Who we're looking for
We're looking for someone to join our friendly in-house team of payroll professionals and play a vital part in ensuring the smooth running of our UK payroll. You will be a driven self-starter who likes to use their initiative, thinks independently, and can be self-reliant. Your methodical approach, open-mindedness, and eagerness to learn will be instrumental in your success.
The UK payroll is managed in-house using third-party provider software, and you will work closely with the wider HR team to achieve legal compliance and process efficiency in your day-to-day work.
We believe in fostering a positive and inclusive work culture, and we are looking for someone with a can-do attitude and the confidence to express their own ideas. Your strong analytical skills and ability to quickly learn and adapt to new processes and concepts will be highly valued in this role.
In addition to supporting the running of the UK payroll, you will also be involved with payrolls for some of Schroders' overseas territories, providing timely, accurate monthly instructions to third-party providers with overall responsibility for the monthly cycle, including funding and payment to employees.
What you'll do
You'll be joining a team of experienced, dedicated, and supportive payroll professionals who, as part of the HR Operations group, continuously deliver work to a very high standard, providing exceptional service to our employees. The team spans both London and Horsham.
1. Process payroll for circa 3,700 UK employees, plus directors and expats
2. Input and import payroll data from a variety of sources
3. Check payroll data and output
4. Investigate and resolve payroll errors, working with the wider HR team
5. Answer queries from employees, the HR team, Finance team, and external parties
6. Raise third-party payments and support the invoicing process
7. Support annual audit processes
8. Assist the Finance and Accounting teams with their monthly payroll reconciliations
9. Work on the implementation of changes due to legislation or internal process updates
10. Help ensure compliance with legal requirements, such as tax regulations, employment laws, and data protection regulations
11. Support ad hoc HR projects and provide ad hoc reporting as required
12. Support overseas payroll activities
13. Create a small number of monthly payroll journals
14. Support production of a small number of annual P11Ds
15. Participate in payroll training and maintain the payroll processing guide and training materials
The knowledge, experience and qualifications you need
1. Experience of UK payrolls, ideally within the financial services industry
2. High proficiency in using MS Office applications, particularly Excel
3. Demonstrable understanding of the payroll function and how it operates
4. Excellent attention to detail and accuracy
5. Strong analytical and problem-solving skills
6. Ability to work efficiently under tight deadlines and manage multiple tasks simultaneously
7. Ability to handle confidential information with discretion
8. Ability to understand and apply complex concepts
The knowledge, experience and qualifications that'll help
1. Experience of working with SDWorx software
2. Knowledge of payroll legislation, regulations, and principles of best practice
3. Some international payroll experience/knowledge
4. Experience of processing deferred compensation awards
5. Experience of improving processes to make them as effective and efficient as possible
6. Ability to interpret changes in legislation and incorporate them into processes
What you'll be like
1. Passionate about your role and committed to delivering a first-class service
2. A good communicator with a thoughtful, empathetic and collaborative approach
3. An enthusiastic learner with a keenness to improve through feedback
4. A team player with a desire to collaborate with the payroll and wider HR teams, internal/external stakeholders, and 3rd parties
5. Someone with demonstrable integrity and resilience
Company
As an investment manager, we make decisions every day on behalf of savers and investors around the world. They depend on our broad investment expertise, across private and public markets to manage: £731.6 billion (€871.3 billion/$990.9 billion)* of wealth and investments. We help them achieve their long-term financial goals – and make a positive impact in the world.
Over the years, we’ve perfected investing in our people
We’ve built a stellar reputation for our work and unique culture. Our secret? We’ve picked the best people for the job, and given them the opportunities and tools to thrive.
So it’s no surprise that 96% of us say that we’re proud to work at Schroders. And why we repeatedly have made it into LinkedIn’s top 25 places to work.
You don’t just get a job here – you can fulfil your career ambitions
Once you’re part of our team, our global learning and mentoring platforms help you hone your expertise and keep developing. We’re big on mobility – so many people find their next job at Schroders, too, moving up and across the business to build a fulfilling career.
Inclusion is more than a buzz word
It’s part of everything we do. We’ve built a culture where people can bring their whole selves to work, and we welcome unique perspectives. We also set trackable goals to improve representation across the board wherever we fall short.
We’ve made inclusion a conscious choice at every step
Our vision is for our people to reflect the diversity of the communities we live and work in. And for everyone to feel they truly belong at Schroders.
Our industry-leading flexible working charter is central to inclusion, opening up opportunities for everyone. We shape our recruitment and retention processes to help spot and reduce the impact of biases and create a level playing field for underrepresented groups, for example through mentoring schemes. And we constantly review our policies and benefits to make sure they are fair and supportive of our diverse teams.
We take a local-led approach to improving inclusivity
Everyone’s at a different stage of their inclusion journey – with cultural and local practices to consider. So we listen to our employees through pulse surveys and collect diversity data so we can identify areas for improvement and maximise impact through local initiatives.
Driving inclusion at Schroders
As a Disability Confident employer and a member of the global Valuable 500 initiative, we’ve partnered with a disability-specialist organisation to conduct an audit and provide recommendations on how to make our recruitment processes more accessible to potential candidates with a disability.
We’re excited to continue our partnership with the Snowdon Trust following the success of our first paid work placements for individuals with a disability in February 2021.
Our passionate people lead the way
Our employee-led inclusion networks support our grassroots approach to building an inclusive culture. These create space for networking, celebrating our differences, and raising awareness of challenges that under-represented groups face.
Our WorkAbility employee-led inclusion network aims to educate employees, champion accessibility, and provide a supporting network for those affected by disability or long-term health conditions.
Case Study
Claudia Buffini, Corporate Responsibility Advisor, who was born profoundly deaf. Claudia’s role involves working with many different charities, championing causes she’s really passionate about and embedding a culture of inclusion.
So who better to tell us about why inclusion matters and how she feels included in the workplace. Watch the one-minute video:
Transparency around our progress holds us to account
Inclusion is everyone’s business. There’s still a long way to go, so we use what we know to help the firms we invest in to accelerate change together across the industry and beyond. It’s important for us to be open about the high standards we set for ourselves and to hold the companies we invest in to account.
And we offer a world of wellbeing at work
Looking after our people is always first on our list. We hold regular events supporting mental and physical wellness. And our global employee assistance programme is on hand offering free, independent, and confidential support.
And we offer flexible working and locally-relevant benefits
At Schroders, everyone works flexibly and has access to our global learning platforms and opportunities and our best-practice framework for mental health and wellbeing at work. We are also constantly reviewing and evolving our policies to suit an ever-changing set of needs and family set-ups.
We’re recognised for our inclusive workplace
We’re proud to be recognised as Large Employer of the Year at the prestigious FTAdviser Diversity in Finance Awards, and are continually included in the Bloomberg Gender Equality Index and among the Top 75 employers of the Social Mobility Index.
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