Payroll & Benefits Specialist, FARFETCH
12 Months FTC
1-3 days a week in office (Old Street, London)
Luxury fashion platform
Open for applications
Luxury fashion platform
1001+ employees
Open for applications
1-3 days a week in office (Old Street, London)
1001+ employees
Company mission
To be the global technology for the luxury fashion industry, connecting creators, curators and consumers.
Role
Who you are
- A professional with 7+ years of proven experience working within Payroll and Benefits
- Experience in UK Pension and other benefit management and legislation
- Meticulous attention to detail and proven analytical skills
- Strong communication skills are essential, able to communicate with stakeholders
- The ability to multitask, prioritize, and take the initiative
- Problem-solving and investigating skills
- An advanced user of MS Office (in particular Excel) and HRIS software (Workday and ADP iHCM desirable)
- Workday or ADP system experience is preferable
- Knowledgeable of the UK statutory and legislative regulations
- Desirable - experienced in managing payroll transition and implementation with a new provider
- Desirable - working knowledge of SOX compliance and previous experience with both internal and external audit processes
What the job involves
- This role is part of the Payroll & People Operations team and will lead the monthly and annual UK payroll process ensuring compliance and regulatory standards are adhered to
- The role will also focus on implementing best practices and leading process improvement initiatives for all UK benefits as well as the payroll
- The role will also involve M&A integration work and accountability for the management and adoption of UK benefits and for onboarding and offboarding process deployment, working closely with HR business partners to ensure a fantastic employee experience
- Manage the end-to-end process for People administration through the employee life cycle in the UK, including all the necessary legal proceedings for onboarding and offboarding
- Lead the UK payroll process with the Payroll Specialist, end-to-end, both monthly and annually, ensuring accuracy, compliance and regulatory changes are adhered to
- Within [3 months] of joining, undertake an in-depth UK payroll due diligence exercise
- Ability to work on a variety of different payroll-related projects, ie assessment of all components, creation of new elements needed for payroll, and management of each payroll with HMRC
- Ensure documentation of processes is updated in a timely manner, including across payroll and benefit management
- Review and verify payroll reports, including salaries, taxes, equity, and deductions
- Address payroll-related queries and discrepancies from employees or relevant authorities
- Provide support and guidance to managers and employees on standard People Team policies and procedures, such as annual leave or family leave
- Alongside the central Total Rewards team, manage the UK-specific benefits, supporting the development and integration of new and/or existing benefits to ensure that they are market-competitive, internally equitable, and cost-effective
- Responsible for the administration and processing of UK benefits - while covering the compliance administration and functional reporting
- Manage the UK Pension schemes, ensuring compliance at all times
- Stay updated with changes in payroll legislation and ensure compliance with tax regulations and reporting requirements
- Continuously improve People Team processes by identifying challenges and recommending opportunities to improve
Salary benchmarks
Our take
Farfetch differentiates from other fashion retailers by focusing on the higher-priced luxury goods market which was slow to embrace digital shopping. As an early mover in this space and one of the first to establish a marketplace for the luxury brands sector, Farfetch has garnered a strong reputation and customer base to match. Its online marketplace currently reaches customers in 190 countries with 1400 major brands and it maintains a physical presence in its acquisition of Violet Grey in Melrose Place, Los Angeles.
As the global economy enters a tricky period, Farfetch may find it has to adjust, with lower non-essential spending meaning that inventory in the fashion sector is piling up. This will require a sales-led approach, something that comes more easily to retailers at the lower end of the market. However all signs point to Farfetch being ready to take on the market with a leadership shakeup and strong promotional strategy.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-3% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jun 2017
$397m
LATE VC
May 2016
$110m
SERIES F
Total funding: $698.3m
Company benefits
- FARFETCH Equity plan and annual discretionary bonus
- Flexible benefits - Private Medical Insurance, Dental Insurance, Gym Memberships, Pension scheme and more
- Critical Illness Insurance and Life Assurance
- Access to Unmind: an independent and completely confidential digital mental health platform
- Flexible working environment and more!
Company values
- Be Brilliant: Be unrivalled in everything you do, with passion and ambition. Ambiguity and complexity never stop you from going the extra mile
- Be Human: Be respectful and kind to yourself and the people around you. Trust each other’s intent, resolve problems with empathy, and welcome mistakes as learning opportunities
- Todos Juntos: Act for the greater good of all teams, even when it’s beyond your area of expertise. Foster positive actions in those around you, and celebrate our shared achievements
- Think Global: Belong to a global community, working collectively as a united force. Welcome and respect everyone, creating an inclusive environment for all
- Be Revolutionary: Disrupt the status quo and embrace innovation with a curious mindset. Make courageous decisions, searching for new ways to shape the future
- Amaze Customers: Love and understand your customers, keeping them front of mind. Exceed their expectations by delivering unforgettable experiences
Articles
Leadership
José Neves
(Chairman & CEO)Previously founded PLATFORME, an ethical fashion company, and José Neves Foundation, a philanthropic fundraising service. Also held a role as a Non Executive Director at the British Fashion Council.
Diversity, Equity & Inclusion at FARFETCH
- We're committed to setting ourselves targets to achieve diverse representation at every level of the organization
- We're committed to enabling a zero-tolerance culture against discrimination in all its forms and promoting a consciously inclusive culture, holding all accountable to our inclusive values
- We're committed to rewarding everyone fairly, regardless of their race, gender identity, sexual orientation, disability or any other part of their identity or background
- We're committed to investing in our recruitment and career development strategies to ensure everyone can thrive and succeed with us, by addressing any barriers or biases they may face and widening our talent sources
- We're committed to ensuring the marketplace and platform includes, and is accessible to, a representative spectrum of social identities and needs
- We're committed to giving dedicated space for expression, additional commercial support, and above benchmark visibility to designers and businesses from under-represented communities
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