Vitesse, established in 2014, is working to redefine treasury and payment solutions, particularly in the fast-paced world of insurance. According to the team, a
Payroll Specialist
Location
United Kingdom
Posted
52 days ago
Salary
0
Seniority
Senior
No structured requirement data.
Job Description
Payroll Specialist
Vitesse
Payroll Specialist - Part time (3 days per week) On-site Finance PS London, England, United Kingdom OverviewApplication Description We are Vitesse – the treasury and payment partner of choice for insurance. Your next adventure awaits! Join the team who are redefining the payments space. About Us At Vitesse, we're more than just a payments platform – we're the trusted financial infrastructure connecting the global insurance ecosystem. Tailor-made for insurers, brokers, MGAs, and TPAs, our unified platform optimises claims funds, enables real-time global payments, and delivers full financial control. Our impact is real: over $20 billion in payments across 200+ countries, hundreds of millions returned to insurers’ balance sheets, and counting. We’re licensed in the UK (FCA), Europe (DNB), and New York (NYDFS), with over 260 amazing colleagues worldwide. With $93 million recently raised in Series C funding from KKR, our journey is just beginning, and our ambitions are sky-high. Headquartered in the heart of London and expanding across Europe and the US, Vitesse is where your ideas power tomorrow’s insurance solutions. Are you ready to make a difference? You're in the right place. YOUR MISSION The Payroll Specialist is responsible for managing the full end-to-end payroll process, ensuring employees are paid accurately and on time. This role oversees payroll operations, pension contributions, quarterly incentive schemes, and the effective management of the payroll platform, while working closely with the People and Finance team and key stakeholders to maintain data integrity and compliance. The ideal candidate will have strong financial acumen, with a solid understanding of payroll accounting, reconciliations, and financial controls, alongside exceptional attention to detail and a consistently high level of accuracy. You will have excellent written and verbal communication and stakeholder management skills, as well as a high level of integrity and confidentiality. You will demonstrate an ownership mindset, taking full accountability for payroll and incentive delivery while continuously seeking improvements. You will be systems-savvy and confident managing payroll platforms, highly organised and able to meet strict deadlines, and a strong collaborator who works effectively with HR, Finance, and stakeholders across the business. You will also be proactive in problem-solving and maintain a strong focus on compliance. A CIPP qualification or equivalent is desirable, along with experience in a fast-paced or scaling organisation and exposure to process improvement or system implementation projects. KEY RESPONSIBILITIES - Manage the complete global payroll cycle from data collection through to payment processing, ensuring accurate and timely monthly payroll. - Validate payroll inputs including salaries, bonuses, overtime, deductions, and benefits. - Perform payroll reconciliations and resolve discrepancies promptly. - Ensure compliance with all statutory regulations and reporting requirements – both locally and globally - Administer all quarterly incentive schemes, ensuring accurate calculation and timely payment. - Collaborate with key stakeholders across the People Team, Finance, and other teams to validate incentive data and ensure alignment with scheme rules. - Maintain clear documentation and audit trails for all payroll and incentive payments. - Identify and resolve discrepancies in incentive calculations. - Administer pension schemes, including enrolment, contributions, and reporting. - Ensure accurate calculation and submission of employer and employee pension contributions. - Liaise with pension providers and ensure compliance with auto-enrolment requirements. - Own and manage the payroll platform, ensuring data accuracy, integrity, and system optimisation. - Act as the subject matter expert for payroll systems, troubleshooting issues and driving continuous improvements. - Work closely with the People team to ensure accurate employee data and smooth onboarding and offboarding processes. - Partner with Finance on payroll reporting, reconciliations, and audits. - Collaborate with stakeholders across the business to ensure accurate and timely payroll and incentive processing. - Respond to employee payroll queries in a timely and professional manner. - Ensure adherence to all relevant legislation, including tax, National Insurance, and employment laws. - Prepare and submit statutory filings and year-end reports. - Support internal and external audits related to payroll. Requirements QUALIFICATIONS - 5-10 years' experience managing end-to-end payroll. - Strong financial acumen with a solid understanding of payroll accounting, reconciliations, and financial controls. - Exceptional attention to detail with consistently high levels of accuracy. - Strong systems expertise with the ability to manage and optimise payroll platforms. - A collaborative approach, working effectively with HR, Finance, and key stakeholders. - Proactive problem-solving skills with the ability to identify and resolve issues efficiently. - A strong focus on compliance and up-to-date knowledge of payroll legislation. - Highly organised and able to manage multiple priorities while meeting strict deadlines. - Experience administering bonus or incentive schemes. - Strong knowledge of payroll legislation and pension administration. - Experience with payroll systems. - Advanced Excel skills and strong data handling capability. - Excellent communication and stakeholder management skills. - High level of integrity and confidentiality with full compliance with local payroll and tax legislation. - CIPP qualification or equivalent (desirable). - Previous experience using HiBob (desirable). - Experience in a fast-paced or scaling organisation (desirable). - Exposure to process improvement or system implementation projects (desirable). Benefits • 25 days Holiday per year (increase by 1 day per year to 30 days max) + Bank Holidays • Hybrid working arrangements • Contributory pension scheme • Enhanced Parental leave • Cycle to Work Scheme • Private Medical Insurance through Vitality • Access to Oliva our Mental Health Therapy partners • Discounted Gym membership • Financial Coaching with Octopus Wealth • 2 days of volunteering leave per year • Sabbatical after 5 years’ service • Life Assurance – MetLife (UK employees only). • Ongoing Learning and Development to support you reach your career goals We understand that everyone has their own work rhythm, and we believe in a flexible working schedule that supports a healthy work/life balance. We offer a hybrid work approach with 2 days minimum in the office in our London St Paul’s office. Our Values – or what we call “Vitesse at Our Best” The Vitesse values are a true reflection of what it takes to thrive in our business, so it’s important to us that any employee who joins our business is aligned with these 3 attributes Driven to Succeed We’re ambitious about the opportunity ahead and committed to achieving it together. We hold ourselves to high standards, take pride in what we deliver, and push for meaningful outcomes for our customers, our partners, and each other. Tenacious Responsibility We take ownership of our work, our decisions, and our results. We face challenges with resilience, learn from setbacks, and see things through to completion. Because doing the right thing matters. Confident Humility We believe the best ideas come from listening and learning. We leave ego at the door, ask for help when we need it, and celebrate collective success. When one of us wins, we all do.
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