Payroll and Benefits Specialist

About us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

Who we’re looking for

We are searching for a meticulous and motivated P&C Payroll & Benefits Specialist who enjoys working as part of a team and is passionate about delivering reliable payroll and benefits services with accuracy and integrity.

What you’ll do

Payroll

- Supervise relevant changes that impact payroll on a monthly basis and complete payroll preparation for Luxembourg and EU branches
- Control and close the payroll
- Deal with sophisticated payroll structures such as split pay & expat arrangements
- Understand deferred awards and reporting obligations
- Co-ordination of annual interest subsidy process including validation of taxation status

Compensation & Benefits

- Administration of benefits such as pension, health insurance and luncheon vouchers “cheque repas”
- Support in the annual compensation review process
- Support in populating salary surveys

Data & Reporting

- Produce P&C monthly report and important metric as well as reports for local administration (STATEC, CSSF..)
- Reporting to CNS and subsequent reconciliation of reimbursement from mutuality for sickness absence

Employee Lifecycle

- Coordination of payroll and benefits during the employee lifecycle
- Coordination of parental leave processes and follow up of relevant actions

Administration and ad-hoc tasks

- Administration of year end processes associated with holiday administration
- Update relevant P&C procedures and policies
- Support to other P&C areas (e.g. special leave administration..)
- Answer various employees queries
- Support in internal and external audits
- Monitoring of tax cards

The Knowledge, Experience and Qualifications You Need

- Several years of experience in a similar position with an overview of taxation, social security and employment law in Luxembourg and a willingness to learn about other jurisdictions
- Strong numeric and accuracy skills
- Experience of a global P&C database
- Proficiency in written and spoken English is required, knowledge of French or German would be an advantage
- Excellent PC skills in excel, word and curiosity about new software and reporting
- Client service focus

What you’ll be like

- Collaborative
- Hard-working individual who possesses strong numerical abilities
- Detailed and coordinated
- A strong sense of integrity coupled with pragmatism

We Recognise Potential, Whoever You Are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.