Payroll Specialist

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics. 

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Role Summary

Responsible for the preparation, input, and reconciliation of multiple UK and International payrolls. Ensure compliance with local regulatory and tax authorities and year-end reporting. Ensure all internal controls and processes are followed and suggest process improvements. The role will work closely with Global Head of Payroll Operations and Statutory Reporting, Global Payroll Manager, other members of the payroll team based in UK, US and APAC regions, as well as the wider members of the HR team.

Overall Responsibilities

•  Responsible for the timely preparation of UK, Abu Dhabi, Spain, Italy, Canada and India payrolls.
• Assist in the preparation of other international payrolls as and when required.
• Liaising with external payroll providers to ensure speedy resolution of issues and continuous improvement.
• First point of contact for employee questions about their pay.
• Maintain payroll processing system and records.
• Ensure that correct payments, reports, and returns are made to tax authorities across the UK and internationally as required.
• Key role in projects to streamline/automate the payroll processes by identifying improvements and implementing changes.
• Assist with the ongoing development of HRIS and Payroll Transformation projects.
• Provide expert advice on payroll related matters.
• Other ad-hoc projects.

The Company may require you to carry out other duties from time to time

Skills and Experience

•  At least 10+ years' experience with an in-depth knowledge of UK payroll regulations.
• Demonstrable skills covering end to end payroll processing of multiple UK and International payrolls.
• Highly experienced in processing payrolls in a fast-paced environment, where new challenges are there to be overcome.
• Proven experience of administering outsourced and in-house payrolls.
• Experience with setting up new branch office payrolls and onboarding teams following acquisitions.
• Advanced MS Excel Skills
• Good working knowledge of project methodologies and experience of working on multiple payroll related projects.
• Strong working knowledge of Payroll/HR systems such as Payrite, Sage People and ADP.
• Experience of working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Competencies

• Self-starter with enthusiasm to get hands on involvement
• Numerate with good analytical and communication skills.
• Exceptional attention to detail and strong organisational skills.
• Engaging individual with the willingness to learn different products and different functions.
• Ability to manage time and multiple projects, meet deadlines and prioritise effectively.
• Ability to build trust and effectively network both internally and externally.
• Ability to communicate and explain complex issues clearly.
• Analytical mind set.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Conduct Rules

You must: 

• Act with integrity 

• Act with due skill, care and diligence 

• Be open and cooperative with the FCA, the PRA and other regulators 

• Pay due regard to the interests of customers and treat them fairly 

• Observe proper standard of market conduct 

• Act to deliver good outcomes for retail customers 

Company Values

Acting as a role model for the values of the Company: 

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly. 

Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves. 

Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do. 

Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers. 

Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client's various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction. 

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company. 

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