via reed · 27 May 2026 ·10 days ago

Payroll Officer

Goodman Masson
City Of London Contract GBP 72,800 – 80,600
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Central London| Hybrid Working (3 days office / 2 home)
£280–310 per day PAYE (c.£67k permanent equivalent)
6-Month Temp to Perm Opportunity

A leading global bank based in Central London is seeking an experienced Payroll Officer to join its HR Operations team on a temp-to-perm basis. This is a critical hire within a small, collaborative HR function and would suit someone who enjoys operating in a fast-paced, hands-on environment with broad exposure across the business.

The successful candidate will take ownership of end-to-end payroll operations for approximately 760 employees, with additional oversight across international payroll activities. The role requires a proactive individual with strong technical payroll knowledge, excellent attention to detail, and a willingness to “roll their sleeves up” within a highly visible open-office environment.

Key Responsibilities • Manage the end-to-end monthly payroll cycle, ensuring accurate and timely salary payments, bonuses, overtime, deductions, and adjustments

  • Ensure compliance with all UK payroll legislation including HMRC regulations, National Insurance, Auto Enrolment pensions, SSP, SMP, PSA and P11D reporting

  • Maintain payroll records and employee data in line with GDPR and internal controls

  • Process and reconcile payroll journals, bank payments, payroll accounts and general ledger entries

  • Support month-end payroll accounting activities including balance sheet reconciliations

  • Manage payroll-related submissions including RTI, year-end reporting and statutory filings

  • Handle payroll queries efficiently, resolving discrepancies in a timely manner

  • Administer employee benefits processing including season ticket loans, childcare vouchers and bike-to-work schemes

  • Support pension administration and liaise with pension providers and HMRC

  • Assist with payroll audits, Head Office reporting requirements and ongoing compliance activity

  • Work closely with HR, Finance and external tax advisors on global mobility and assignee matters

  • Contribute to payroll process improvements, automation initiatives and system enhancements

Candidate Requirements • Minimum 3 years’ payroll experience within financial services, banking, insurance or a similarly regulated environment
  • Proven experience managing end-to-end payroll processes independently

  • Strong understanding of UK payroll legislation and employment taxes

  • Experience with PSA, P11Ds and benefits processing

  • Exposure to international payrolls or global mobility arrangements is highly desirable, particularly across Europe or APAC

  • Strong Excel skills including VLOOKUPs, pivot tables and data manipulation

  • Experience using payroll systems such as SDWorx, Sage, ADP or similar platforms

  • Understanding of payroll accounting, journals and reconciliations

  • CIPP qualification (completed or studying towards) beneficial

  • Excellent communication skills with the confidence to engage across teams and senior stakeholders

  • Highly organised, resilient and comfortable working in a busy open-plan environment with frequent interruptions

Personal Attributes • Strong attention to detail and high level of accuracy
  • Proactive and solutions-focused approach

  • Collaborative and team-oriented mindset

  • Comfortable navigating ambiguity and shifting priorities

  • High level of integrity and confidentiality

  • Driven to improve processes and deliver quality outcomes

  • Able to build strong working relationships across HR, Finance and Operations

Working Arrangements & Interview Process • Hybrid working model: 3 days in the office / 2 days from home

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