Career Opportunities

Payroll Accountant

London, GB Full-Time Payroll

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.

For more information visit www.marex.com

The purpose of the role is to ensure that all Salary and related transactions for the group are accounted correctly in the firm’s accounting system. The role will work closely with Payroll and Finance teams as well as the wider HR team.

Responsibilities:

• Preparation and posting of all global Payroll Journals.
• Preparation of month-end cost and variance analysis to identify any significant cost movements.
• Preparation and posting of month end accruals.
• Preparation and posting of the monthly headcount Journals.
• Reconciliation and substantiation of balances on all compensation related Balance sheet accounts.
• Preparation of salary cost reports as per regulatory requirements and individual requests by department heads.
• Annual reconciliation and true-up of PSA, P11D and other accruals
• Monthly reconciliation of the payroll bank account.
• Daily clearing down of all outstanding bank entries for the group.
• Monthly FX Journals and Hedging info provided to Treasury.
• Liaison with external auditors to provide information on salary and related costs.
• Review and challenge quarterly balance sheet reconciliations.
• Assist with the ongoing development of Payroll Transformation projects.

Competencies:

• Strong Technical Accounting skills.
• Exceptional attention to detail and organisational skills.
• Strong analytical skills and an aptitude for problem solving with the ability to exercise sound and
balanced judgment in a highly regulated environment.
• Strong teamwork ethic with excellent interpersonal skills.
• The ability to influence outcomes – Present sound, persuasive rationale for ideas or opinions. Able
to take a position on issues and influences others’ opinions and presents persuasive recommendations.
• Engaging individual with the willingness to learn different products and different functions.
• Ability to manage time and multiple projects, meet deadlines and prioritise effectively.
• Ability to build trust and effectively network both internally and externally.
• Ability to communicate and explain complex issues clearly.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring
operational effectiveness

Experience:

• Significant experience in preparation and posting of compensation related Journals.
• A track record of improving processes and adding value to clients/stakeholders.
• Strong analytical, organisation and documentation skills.
• Strong verbal and written communication skills.
• Advanced Microsoft Excel.
• Experience with the preparation of financial statements and managing the audit process from
start to finish.
• Track record of improving processes and adding value.

If you’re forging a career in this area and are looking for your next step, get in touch!

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company.  We welcome applications from candidates returning to the workforce.  Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.

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