Payroll Manager, Lendable

Salary not provided

+ Equity

NetSuite
Mid and Senior level
London

More information about location

3-5 days a week in office (Shoreditch, London)

Lendable

Fintech Unicorn - Lending Platform

Be an early applicant

Lendable

Fintech Unicorn - Lending Platform

201-500 employees

FintechB2CMarketplacePersonal financeLendingCustomer service

Be an early applicant

Salary not provided

+ Equity

NetSuite
Mid and Senior level
London

More information about location

3-5 days a week in office (Shoreditch, London)

201-500 employees

FintechB2CMarketplacePersonal financeLendingCustomer service

Company mission

To make consumer finance amazing: faster, cheaper and friendlier.

Role

Who you are

  • 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

What the job involves

  • 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
  • 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

Application 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

Salary benchmarks

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Insights

Top investors

40% female employees

72% employee growth in 12 months

Company

Company benefits

  • Cycle to Work scheme
  • Onsite Yoga
  • Lunch cooked by onsite chefs 3 times a week
  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities on Monday and Friday
  • Private Health Insurance (inclusive of dental and pre-existing conditions)
  • Share Options for all Employees
  • Regular team and company wide socials
  • Pension

Funding (last 2 of 3 rounds)

Mar 2022

$279.5m

GROWTH EQUITY VC

Sep 2017

$6.5m

SERIES A

Total funding: $289.4m

Our take

Lendable competes with banks, other lenders, and consumer finance companies to provide loans, credit cards and car financing to consumers. Streamlining the loan application process, the company cuts personalised rates and fund transfers from days to minutes.

Lendable believes it can win in this crowded field due to its market-best customer service and strong financials. Part of its success is due to its funding coming from institutional investors. Lendable originates and services its loans on behalf of institutional investors, but doesn't hold them on its own balance sheet.

Growing insolvencies will worry all lending platforms, but Lendable looks well-placed to weather any credit storm given its substantial debt financing. In 2023, it launched two new products in the US, signifying its growth.

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Steph

Company Specialist at Welcome to the Jungle