Payroll, Compensation & Benefits Manager

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Payroll, Compensation & Benefits Manager - Perm - Hybrid - London - up to £90,000 per annum

Oakleaf Partnership is delighted to be partnering with a financial services firm, who are looking for a Payroll, Compensation & Benefits Manager on a permanent basis. The Payroll, Compensation & Benefits Manager will work on a sole basis, taking ownership of payroll operations for UK, EMEA & APAC. The position requires strong UK & International payroll knowledge, excellent time management skills, and the ability to work confidently and independently in a fast paced environment. The split for this role is 70% payroll, and 30% Compensation & Benefits. This role is on a hybrid basis, consisting of 3 days in their London office.

The Payroll, Compensation & Benefits Manager will be assisting/overseeing duties such as:
Work with third parties to manage monthly payroll processes in all Group locations accurately, on time and within cost parameters, while meeting statutory and regulatory requirements.
Maintain compliance with local payroll and tax regulations, data protection and security standards.
Design, implement and maintain payroll policies, procedures and workflows
Generate and distribute payroll reports (weekly, quarterly and annual) covering earnings, deductions, taxes and benefits.
Identify process inefficiencies and implement workflow improvements to enhance accuracy, reduce risk and increase automation.
Review and maintain the accuracy of benefits content across platforms and communication materials, ensuring data integrity and timely updates.
Act as the first point of contact for employee benefits queries, ensuring prompt, accurate and consistent responses.
Maintain a competitive and compliant benefits portfolio, recommending enhancements and alternative solutions aligned to market practice and cost efficiency.
Manage the annual benefits enrolment process, including system configuration, testing, communications and vendor coordination.
Develop and deliver the annual pay and bonus review process in partnership with the Group People Director, HR Business Partners and Finance, ensuring robust governance, compliance and timely execution.
Lead the Reward project plan, managing processes and outputs including benchmarking, modelling, communications and system configuration .

Key Skills:
Proven senior level experience in Compensation & Benefits and Payroll management within a complex, multi entity international organisation.
Experience managing outsourced payroll providers, and third-party benefits and pension suppliers.
Demonstrable experience leading annual pay and bonus review cycles, benefits renewals and regulatory reporting.
Experience supporting senior stakeholders, Remuneration Committees and Board-level reporting.
Analytically driven and responsible for creating innovative solutions to support the business.
Highly organised, able to work to tight deadlines, and comfortable in a fast paced environment.
Excellent communication skills.
If you are interested in discussing this position in greater detail, please apply now.

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Location:
London
Salary:
£90,000
Job Type:
FullTime
Category:
Human Resources;Human Resources

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