Experienced Payroll Associate (18 months)

London

Start Date: Immediate 

Contract: 18 months

 

About AlphaSights

AlphaSights was born with a purpose: to unlock human knowledge and power success.  From our state-of-the-art offices in nine major world cities, we connect business leaders seeking knowledge with the experts who possess it. We’re one of the fastest-growing global companies, employing 1500+ colleagues of 60+ nationalities.

 

What we do

We operate at the heart of the global knowledge economy, providing a suite of knowledge-on-demand services to investment funds, consultancies, Fortune 500 companies and nonprofits. Our clients use our services when evaluating critical investment and business decisions. We connect them with industry experts who possess specific knowledge that is otherwise unavailable to them.

 

We’re a fast-paced, client-driven service organization. We respond to client inquiries within minutes and deliver within hours. When deadlines are tight, and when robust insight is make or break, our clients count on us.

The Role

AlphaSights is seeking an experienced Payroll Associate to join the finance team for at least an 18 month period and manage a variety of key work streams pertaining to the multi-jurisdictional payroll of the Group. These work streams involve the initiation of payroll to full posting into the accounting systems. This is a great opportunity for a hands-on individual to work within a small team and taking ownership of parts of the global payroll remit. AlphaSights believes in the development of all its talent. As a people-based business, payroll is the key dimension where various shorter- and longer-term incentive and other people-based remuneration structures converge. The expectation is that this will afford the right candidate to own the payroll remit across regions of responsibility and shape its development. This will suit someone who takes pride in specialism and ownership, but naturally seeks to bring light to the often neglected boundaries with other specialisms within the finance team (e.g., accounts payable, accounting), as well as other functions (e.g., HR).

What you’ll do

  • Ensure correct set up of new starters, creating employee records, and the accuracy of personal information. Input/key in data for employees into systems.
  • Collect/review employee data for the payroll requirements from HR and Finance teams. 
  • Extract bonus data from the system, manually adjust and reallocate bonus amounts to staff based on performance and set criteria. 
  • Assist in managing payroll operations ensuring accurate and efficient payroll processing including the analysis, preparation, and review of payroll data input.
  • Work with external payroll provider/systems to process payroll. 
  • Ensure/process deductions in paychecks (transit, healthcare, pension etc). 
  • Ensure accuracy in posting and categorization of transactions.
  • Act as a key point of contact for employee pay related queries, always ensuring a good level of customer service and prompt response times.
  • Document and undertake regular reviews of the payroll processes and systems.
  • Ensure 3rd party payroll providers invoices are reviewed and processed/paid on the due date.
  • Assist in co-ordination with HR as appropriate to ensure impact of policy / employee changes captured and understood by payroll.
  • Provide periodic review of payroll reports and summaries, auditing the information, understanding local taxes and regulatory reporting. 
  • Undertake various month-end close tasks in relation to payroll including accrual, payroll journals 
  • Assist in the annual audit process of the payroll. 
  • Assist in developing process improvements within the payroll function, utilizing technology and creating efficiencies to maintain the accuracy, quality, and overall effectiveness of the payroll process and decrease risk of fraud and errors.

It will be essential that you possess strong IT skills, in particular with Excel to at least undertake look ups and analyse volumes of data to assist management decision making. You will need to be proactive and a great team player with strong communication and people skills.

 

This is a great opportunity to deepen multi-jurisdictional payroll management know-how and understanding with respect to related accounting/finance work streams as part of our finance training programme.

Who you are

  • 5+ years of overall combined finance and payroll experience
  • Experience in using accounting and payroll systems. 
  • Knowledge of accounting principles and procedures for payroll data posting
  • Ability to multi-task, work flexibly with varying requirements, and willingness to perform both basic and complex tasks
  • Team-player attitude, a desire to understand the company’s internal and external dynamics, and a desire to drive positive change where possible
  • Effective and succinct written communication.
  • Keen eye for detail and diligent approach to work.
  • Intrinsically motivated, analytical, good with figures, organized and able to manage a busy workload with conflicting priorities.
  • Proactive approach, with a focus on the right solution, professionalism and value;
  • Unfailing organisation, attention to detail, and ability to run complex processes with multiple dimensions and moving parts with extreme diligence and consistency
  • High proficiency in Excel and Word

What will you get from us

  • Opportunities for training and development throughout
  • Study support for professional certifications & training
  • High level of autonomy and ownership of role from day one
  • A team-oriented, strongly supportive culture emphasizing transparency, continuous feedback, professional development, and celebrating wins
  • A professional development team that works to ensure that you’re supported and on a clear career trajectory both within our firm and beyond
  • Comprehensive medical benefits (health, vision, and dental) 

 

Perks: Complimentary breakfast & snacks, corporate gym rates, iPhone and MacBook Pro for work

 

AlphaSights is an equal opportunity employer. Read more about our commitment to DEI here.

Please note that AlphaSights communicates exclusively by email through the AlphaSights domain, @alphasights.com, LinkedIn and phone (including via text, WhatsApp and WeChat). Any communications you receive that purport to come from AlphaSights but have been sent from another email domain (e.g. Gmail or Hotmail) or via other forms of social media (e.g. Facebook, Instagram, Twitter or Telegram) are likely to be fraudulent. If in doubt as to whether you have received a genuine communication from AlphaSights, please contact us.