Payroll, Compensation & Benefits Manager

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.

• 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.