Payroll Accountant

Payroll AccountantCity of London6-8 Months Fixed term contract 65,000 - 70,000 Portfolio Payroll is delighted to be partnering with a Global Financial services firm based in the City of London. They are seeking a Payroll Accountant on a 6-8 Months FTC basis. The role covers payroll accounting in the UK, and requires collaboration with a number of different stakeholders including the UK payroll and benefits teams and the various Finance teams, in particular within the UK. As well as being responsible for business-as-usual activity across weekly, monthly, quarterly and annual cycles. The successful candidate will be responsible for proactively identifying opportunities to streamline processes, strengthen controls, and improve efficiency. Key ResponsibilitiesPrepare, review, and post payroll related journals, ensuring accurate allocation to profit and loss, balance sheet, and accrual accounts.Own key HR/payroll balance sheet reconciliations and substantiation, including salary clearing and HR holding accounts, investigating and resolving reconciling items in a timely manner.Review monthly payroll outputs from an accounting perspective, analysing material variances against prior periods and expectations.Manage payroll related accruals, including legal and professional fees, Global Mobility costs, flexible benefits, and year end requirements, ensuring accurate recognition across reporting periods.Administer and process intercompany payroll transactions and recharges, coordinating ..... full job details .....