Payroll and Benefits Specialist - 12 Month FTC

  • Hays
  • Sep 12, 2025
Full time Banking Finance

Job Description

Payroll and Benefits Specialist - Financial Services Firm - City of London - 12m FTC

Your new company
Join a dynamic and collaborative HR team within a leading global organisation, where people are at the heart of everything we do. With offices in London and Frankfurt, this role offers the opportunity to work in a fast-paced, international environment, supporting payroll and benefits operations across two key European locations.
Your new role
As the Payroll & Benefits Specialist, you will be responsible for managing end-to-end payroll processes for both the London and Frankfurt offices, ensuring compliance, accuracy, and timely delivery. You will also play a key role in benefits administration, vendor liaison, and employee support, while contributing to process improvements and audit readiness.
Key responsibilities include:

  • Coordinating monthly payroll with UK and Germany
  • Managing manual payments, pension contributions, and flexible benefits
  • Administering UK-specific schemes such as Childcare Vouchers and Payroll Giving
  • Handling Workday case management and configuration issue resolution
  • Supporting annual processes including P11D submissions and benefits renewals
  • Liaising with vendors and brokers (e.g., Mercer, Aviva) to ensure service quality
  • Leading payroll audit preparation and continuous process optimisation
  • Supporting employee queries and benefits education initiatives
  • Assisting with the Global Investment Banking (GIB) programme administration
What you'll need to succeed
To thrive in this role, you will need:
  • Proven experience in payroll and benefits administration, ideally across the UK and Germany
  • Strong understanding of UK pension regulations and payroll compliance
  • Familiarity with Workday or similar HRIS platforms
  • Excellent attention to detail and documentation skills
  • Confidence in managing vendor relationships and resolving queries
  • A proactive, solutions-focused mindset with a passion for continuous improvement
  • Strong communication skills and the ability to work cross-functionally
What you'll get in return
A competitive salary and benefits packageHybrid working model with flexibilityExposure to international HR operations and strategic projectsOpportunities for professional development and career growthA supportive and inclusive team cultureWhat you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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