Payroll Manager

Posted 6 Days Ago
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London, Greater London, England
Mid level
Fintech • Payments • Financial Services
The Role
The Payroll Manager oversees accurate global payroll processing, resolves discrepancies, maintains records, and develops payroll policies while collaborating with departments.
Summary Generated by Built In

About Lendable

Lendable is on a mission to make consumer finance amazing: faster, cheaper, and friendlier. We're building one of the world’s leading fintech companies and are off to a strong start:

  • One of the UK’s newest unicorns with a team of just over 500 people

  • Among the fastest-growing tech companies in the UK

  • Profitable since 2017

  • Backed by top investors including Balderton Capital and Goldman Sachs

  • Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)

So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.

Join us if you want to

  1. Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1

  2. Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo

  3. Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting

About the Role

We have an exciting opportunity for a self-motivated and enthusiastic Payroll Manager to operate effective, efficient, accurate and timely global payroll whilst developing our policies, procedures, and controls. A great chance to join similarly minded individuals who love to learn, thrive on working collaboratively, enjoy the challenge of supporting a fast growing Fintech, and who have the ability to change and improve how things get done. 

Key responsibilities

  • Accurately prepare and process UK and US payroll ensuring accurate deductions and benefits

  • Reporting of contributions to multiple schemes and administration of auto-enrolment processes and procedures

  • Own and deliver the annual P11D process

  • Proactively identify and resolve payroll discrepancies and issues. 

  • Ensure all payroll activities meet legislative and statutory requirements; whilst continuously improving standards

  • Administer the company's equity compensation plans - process and track equity grants, vesting schedules, and exercise transactions

  • Respond to employees’ queries in respect of payroll and equity plans

  • Maintain accurate employee records and ensure all documentation is filed correctly to assist with an annual audit.

Your Profile

  • Previous payroll management experience with strong understanding of payroll processes and bookkeeping

  • Experience of administering equity compensation plans

  • Degree or equivalent qualification in accounting, finance, or related field preferred but not required

  • Proficient with spreadsheets

  • High attention to detail and strong data entry skills

  • Effective communication, interpersonal, time management and organisational skills

  • Self-motivated, honest, thoughtful and composed

  • Able to maintain strict confidentiality

  • Collaborative approach to working with Finance, the People team and other departments to ensure smooth payroll operation

  • Experience with NetSuite an advantage

Interview Process

  • A 30-minute video call with one of the team 

  • Onsite Interviews with the VP of Finance, VP of People and other members of the team

  • Onsite Spreadsheet based Payroll Review Exercise

Life at Lendable

  • The opportunity to scale up one of the world’s most successful fintech companies.

  • Best-in-class compensation, including equity.

  • You can work from home every Monday and Friday if you wish - on the other days, those based in the UK come together IRL at our Shoreditch office in London to be together, build and exchange ideas.

  • Enjoy a fully stocked kitchen with everything you need to whip up breakfast, lunch, snacks, and drinks in the office every Tuesday-Thursday.

  • We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance

  • We're an equal-opportunity employer and are looking to make Lendable the most inclusive and open workspace in London

Check out our blog!

Top Skills

AI
Machine Learning
NetSuite
Spreadsheets
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The Company
HQ: London
463 Employees
On-site Workplace
Year Founded: 2014

What We Do

Lendable is a lending platform that makes borrowing money effortless. Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes. We look beyond applicants'​ credit score, offering loans to people with less-than-perfect credit histories, and charging them less than banks. This way, we provide fair rates to a wider range of borrowers. Once customers have accepted our quote, we deposit their loan within minutes. Because our technology is brand new. Unlike banks, who use huge systems built at a time when the world was different. The internet has made commerce faster, cheaper and safer. Time for finance to step up

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