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Payroll Manager (16-month contract)

Sydney, Australia
Closing date
Aug 5, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.

Optiver's Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we're an active participant on the Hong Kong, Korea, Singapore, India, Taiwan and Japan exchanges, and act as Optiver's APAC head office.


You will work closely with the wider Finance Team and other business departments to manage the payroll function. This role offers opportunity for growth and the ability for you to support decisions that impact the business. Your responsibilities will include:
  • Liaise with outsourced payroll providers and the HR team to ensure accuracy and timeliness of the end-to-end monthly payroll for ~600 employees (both Australian and APAC regional)
  • Manage all payroll tasks including processing relevant country pensions, taxes and other payroll related obligations
  • Process monthly Australian payroll tax lodgements and annual reconciliation
  • Complete payroll year end activities for each relevant country (including STP, year-end tax filings)
  • Independently monitor and respond to Payroll Inbox queries
  • Provide ad hoc payroll reporting to HR and other internal departments
  • Support payment of with various variable pay (bonus) and long-term incentives
  • Identify continuous improvement opportunities in processes, controls and workpapers, and ensuring these are well documented
  • Assist the Finance team with insights and commentary for management reporting, cash and capital planning
  • Support Operational Finance and broader Finance team to ensure smooth and timely year-end process
  • Develop strong relationships with key stakeholders across the business to provide information that supports business decision making and ad hoc requests
  • Support Group Finance reporting and information requests
  • Support internal and external audits

  • Bachelor's degree and/or relevant job experience
  • Minimum of 8+ years of professional experience in end-to-end payroll management, with a strong understanding of Australian payroll
  • Experience in owning the delivery of monthly payroll and performing calculations and meeting obligations relating to PAYG, Superannuation, Payroll Tax, and Workers Compensation
  • Demonstrated experience in process and system improvements, including technology change initiatives
  • Experience with payroll journals, reconciliations, and accounting systems such as NetSuite is a plus
  • Excellent written, verbal, communication and presentation skills, with the ability to package information clearly and concisely
  • Strong time management skills, including the ability to prioritize conflicting deadlines and communicate effectively with stakeholders
  • Strong controls awareness, including experience with control frameworks and improvements
  • Self-motivated and able to act autonomously to manage the payroll processing function
  • Ability to adapt quickly and effectively manage competing priorities
  • Commercial and questioning mindset with a commitment to high standards and quality outputs
  • Proficiency in Excel and Microsoft Office
  • Desire to continue learning and growing within the role

  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Competitive remuneration, including leave entitlements
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast, lunch and an in-house barista
  • Regular social events including an annual company trip

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

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