Payroll and Benefits Business Partner (VP) - Jefferies

Team

The Payroll and Benefits function is part of a growing Human Resources department which services 14 branches throughout EMEA and covers all aspects of Human Resources to support Investment Banking, Global Markets & Corporate Functions. This role sits within the Payroll and Benefits team, which is made up of 5 specialists and 2 administrators across the function.

Key Responsibilities

The candidates’ duties will include, but are not limited to:

1. Day-to-day administration of 6 of the 12 European location payrolls, including collating inputs, monitoring the processing cycle and ensuring sign off in a timely manner
2. Ensuring monthly pension/benefits enrolment data is correctly loaded onto payroll where applicable
3. Ownership of processes, risk controls and output for those dedicated countries
4. Active participation in and working towards becoming the SME for dedicated regions
5. Liaising with payroll providers on country specific payroll requirements and queries
6. Monitoring of the payroll and benefits related services provided to Jefferies GmbH
7. Monthly completion of KPI and reporting to the Outsourcing Officer
8. Periodical reviews of the payroll & benefits arrangements and updates of the SLA, if required
9. Monitoring and remediation of Operational Risk events
10. Preparing and ensuring payroll funding is administered for each region within specified timeframes.
11. Working with financial controllers to ensure international payments are correctly allocated.
12. Post payroll reporting
13. Supporting in the setup of new branch payrolls as the business continues to grow in headcount and expansion across Europe
14. Maintaining high level of customer service, responding to, and resolving employee queries in a concise and timely manner.
15. Responsibility for German annual filing compliance
16. Review and propose additional filing requirements and measures for all locations
17. Project management on various ongoing and future cross divisional projects

Person Specification

The following skills and experience are required for this role:

Ideal Experience:

1. Strong Knowledge of German Payroll (Italian, Spanish & French Payroll is advantageous)
2. Knowledge of Tax Year End procedures
3. Proven track record of owning regional payrolls and processes
4. Prior responsibility for audit & outsourcing
5. Basic accounting knowledge as it relates to payroll
6. Project Management experience and proven project lead capabilities

Qualifications and Preferred Background:

1. You will have ideally worked at a Financial Services firm or regulated environment
2. Knowledge of ADP payroll systems, PeopleSoft or Oracle Fusion an advantage

1. Time management
2. Deadline driven and able to manage multiple conflicting priorities
3. Excellent communication skills
4. High standard of integrity
5. High levels of energy, drive and an ethos of hard work
6. Good team player
7. Capability to work autonomously