Payroll Manager

Job title – Payroll Manager

Location – London

About Federated Hermes;

Federated Hermes, Inc. is a global leader in active, responsible investment management, with $911.6 AUM in assets under management, as of June, 30th 2026. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed income, alternative/private markets, multi asset, and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks, and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com

Main Function of the role:

The Manager, Global Payroll, is responsible for overseeing assigned staff and executing complex payroll processes to ensure accurate and timely compensation. This role ensures compliance with regulations and drives payroll process improvements.

Key task and responsibilities:

Payroll Processing & Administration

• Ensure accurate calculation of wages, overtime, bonuses, and deductions
• Audit payroll data and reconcile discrepancies
• Lead registration and set up of payroll services in new jurisdictions
• Review and approve regular and off-cycle payrolls and adjustments
• Maintain and prepare entries, interfaces, reports and reconcilements for the general ledger and org hierarchy structure

Compliance & Reporting

• Ensure compliance with all applicable withholding, revenue and tax regulations
• Lead global payroll tax vendor relationships, ensuring compliance and accuracy
• Ensure completion of payroll tax filing (W-2, 941, P11-D etc.)
• Lead global payroll SOX audit processes: maintain control definitions, audit responses, control testing

Systems & Process Improvement

• Maintain and configure Ceridian Dayforce payroll system
• Troubleshoot payroll system issues
• Drive automation and efficiency improvements
• Support system upgrades and implementations
• Serve as payroll SME on projects impacting payroll

Employee Support

• Respond to employee payroll inquiries
• Research and resolve pay discrepancies

Coordinate, prepare and/or deliver employee training

Minimum Experience Required:

• Proven experience managing or supervising payroll professionals, providing day-to-day guidance, coaching, and oversight.
• Minimum 5 years' experience managing U.S. payroll processes, with in-depth knowledge of payroll legislation and compliance requirements..
• Strong knowledge of payroll legislation, taxation, statutory reporting, and compliance requirements.
• Ability to work core business hours and flex as needed for activities in different time zones and overtime as required
• Highly organised and detail-oriented.

Candidate Profile:

• Bachelor’s degree or equivalent; finance related degree preferred, professional payroll certification is a plus

• Effective verbal and written communication skills and customer service skills

• Ability to work in an open team atmosphere, in a fast-paced environment

• Experience in European and AsiaPAC payroll administration is a plus

• Experience with enterprise payroll administration platforms such as Dayforce, Workday, ADP, or similar enterprise payroll systems; Dayforce experience preferred

• Proficient understanding of payroll accounting and payroll impact on general ledger, proficient in basic math required

Diversity, Inclusion and Flexible Working

We believe in genuine opportunity, fairness, and respect for all applicants and aim to ensure that no current or prospective employee is subject to discrimination or treated less favourably on the basis of their disability, gender identity or expression, race, ethnicity, religion or belief, marriage or civil partnership, pregnancy and maternity, age, sex, or sexual orientation, or disability.

We understand that applicants may have different needs and expectations related to their working arrangements and are committed to a discussion on flexible working. Please raise these with your Recruitment contact to discuss what type of arrangements can work for you and the role for which you are applying.

We welcome applications from all eligible candidates, and we particularly encourage applications from qualified candidates who identify as women and/or are from a Black, Asian and Minority Ethnic background, as these groups are underrepresented throughout the financial services sector.

We are a Disability Confident Employer and participate in the “Offer of Interview” scheme, intended to actively encourage applications from people with a disability or long-term condition and offer an interview to those who meet the minimum criteria set out within this job description. You will need to let us know if you would like to opt in to this scheme by contacting Jessica Sheehan at [email protected] or +44 207 702 0888. You do not need to share details of your disability or long-term condition.

If you would benefit from alternative methods of applying or for workplace adjustments during the recruitment process, please also let us know by contacting Jessica Sheehan at [email protected] or +44 207 702 0888 to discuss the support you need.