Compensation Manager

Trace – Expert Accountancy Recruitment; Greater London; On-site; GBP 70,000 - 100,000

Job description

A growing Private Equity firm is looking for a Payroll and Compensation Manager to join their team.

The Payroll Manager will be responsible for the firm’s payroll and will partner closely with HR, Finance, and other teams to ensure a seamless payroll operation globally, reporting into the Finance Director. They are looking to offer the successful candidate between £70,000 - 100,000.

Main Duties:

• Ensure all the data is correct for payroll processing.
• Compliance and Reporting - Ensure compliance with all internal and external local payroll regulations and laws.
• Responsible for the staff budget and half-yearly reforecasts.
• Significant input in the bi-annual salary and bonus review cycle.
• Key input in annual remuneration committee meetings.
• Lead on the company's compensation review processes.
• Conduct company-wide annual compensation benchmarking to propose salary and bonus banding to ensure the company remains competitive and in line with market trends.
• Complete regular audits of payroll procedures and records to ensure compliance.
• Stay updated on changes in payroll laws and implement changes as necessary.
• Ensure all payroll balance sheet reconciliations are completed.
• Collaboration - Work closely with HR and Finance departments to ensure accurate employee data and handle payroll-related reports and data to senior management.

Person Specification:

• CIPP qualified or QBE.
• Strong knowledge of payroll laws and regulations.
• Proven experience in a previous payroll management role.
• German payroll experience is very desirable.

At Trace, we are committed to fostering an inclusive and diverse workplace and believe that it is imperative that all members of staff feel appreciated and respected in their roles. Our job is simply to find the best candidate on the market, regardless of their age, race, religion, disability, gender identity, sexual orientation, or any other factor irrelevant to their qualifications and competencies.

If you have any further questions regarding accessibility throughout the process, then please get in touch at [e-mail] or call a member of our DEIB Champions team.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Venture Capital and Private Equity Principals, Financial Services, and Accounting