Full-Time

Lead Payroll Specialist

Confirmed live in the last 24 hours

Xero

Xero

5,001-10,000 employees

Cloud-based accounting software for small businesses

Enterprise Software
Fintech

Senior

London, UK

Hybrid position based in London.

Category
Payroll Accounting
Accounting
Required Skills
NetSuite
Requirements
  • Strong in-depth knowledge of payroll and tax legislation of the UK and EMEA
  • Experience with Netsuite and Workday is a plus
  • Strong payroll knowledge and 5+ years’ experience in processing UK payroll
  • Experience dealing with third party payroll providers
  • Knowledge of other EMEA payroll an advantage
  • Exceptional attention to detail and accuracy essential with strong numerical aptitude
  • Strong planning, organizational and self-management skills with an ability to manage multiple competing priorities
  • An aptitude for self-development for current and future employment
  • A genuine team player who works collaboratively with and contributes to the function of a high performing team
  • Understanding of General Ledger systems including payroll journals
  • In-depth knowledge of workplace, payroll and tax legislation
  • Ability to research and document any relevant legislation and tax guidance
  • Excellent time management in a deadline driven environment
  • Motivated with a high level of self-initiative
  • Excellent problem solving and analytical skills
Responsibilities
  • Ensuring accurate and efficient processing of end to end payroll for UK & EMEA Regions
  • Reviewing payroll submissions including company specific payroll returns, tax returns, online filings with tax authorities, ensuring all requirements are met within required timeframes
  • Ensuring monthly/ quarterly/ year end reconciliation of pensions and other benefits enrollments are completed in a timely manner
  • Monthly balancing and reconciliation of the payroll control accounts, including accurate and timely payment of all payroll liabilities, in line with relevant legislation
  • Conducting regular audits of payroll records to ensure accuracy, completeness, and compliance in accordance with organizational policies and procedures and in line with the legislative, business and auditing requirements
  • Working closely with People Experience, Finance and third party payroll providers to ensure payroll processes align with overall company goals and objectives
  • Work with PX and PXIS to protect the integrity of employee data in Workday and the data integration from Workday to Netsuite
  • Staying up-to-date on local payroll laws and regulations to ensure payroll processes are compliant and liaises with payroll providers to ensure these changes have been applied
  • Assist the Payroll Manager in monitoring and incorporating payroll legislative changes and internal Xero policy changes in payroll processes to ensure proper internal control and efficient processing
  • Escalating any significant risks and issues in a timely manner to the Payroll Manager and identify ways to come up with resolution to the problem or issues
  • Providing guidance and training to the payroll team, including training new hires to use payroll procedures and current systems correctly and efficiently
  • Responding to queries and promote strong customer focus with an emphasis on quality of service
  • Working with Payroll Manager in identifying opportunities for process improvements, automation and efficiencies in payroll operations, and implementing changes to enhance accuracy and effectiveness such as identifying manual intensive and redundant processes with recommending solutions for automation and improvements for value add
  • Working with Payroll Manager in maintaining and developing standard practice and process guide for team to follow
  • Participate in projects as subject matter expert as required
  • Supporting with implementation of new systems and processes as required

Xero provides cloud-based accounting software tailored for small businesses in various industries. The platform simplifies financial management tasks such as invoicing, payroll, and reporting, making it accessible for users without extensive accounting knowledge. Xero operates on a subscription model, offering different pricing tiers based on features and user needs. A key feature of Xero is its ability to integrate seamlessly with numerous third-party applications, which enhances its functionality and provides a comprehensive business management solution. Additionally, Xero supports developers in creating new integrations through its developer platform. The company emphasizes customer support by offering 24/7 assistance via Xero Central. Xero's goal is to empower small business owners, accountants, and bookkeepers with efficient and reliable financial tools.

Company Stage

IPO

Total Funding

N/A

Headquarters

Wellington, New Zealand

Founded

N/A

Growth & Insights
Headcount

6 month growth

4%

1 year growth

18%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Xero's recognition as Company of the Year in the 2023 Deloitte Top 200 Awards highlights its transformative impact and industry leadership.
  • The partnership with SumUp and acquisition of Syft Analytics expand Xero's capabilities, offering more comprehensive solutions for small businesses.
  • Winning Canstar's Most Satisfied Customer Award for six consecutive years underscores Xero's strong customer satisfaction and loyalty.

What critics are saying

  • Dependence on third-party providers like Amazon Web Services poses risks, as seen in the recent global outage affecting Xero's services.
  • The competitive landscape in cloud-based accounting software is intense, with constant pressure to innovate and maintain market share.

What makes Xero unique

  • Xero's seamless integration with numerous third-party applications and its developer platform create a robust ecosystem that enhances its functionality beyond traditional accounting software.
  • The company's focus on user-friendly design allows small businesses to manage finances without extensive accounting knowledge, setting it apart from more complex solutions.
  • Xero's 24/7 online support through Xero Central ensures continuous assistance, a critical advantage for small businesses needing reliable support.

Help us improve and share your feedback! Did you find this helpful?