Payroll Lead

Since being founded in 2018, Copper has been building the standard for institutional digital asset infrastructure with a focus on custody, collateral management, and prime services.

Led by Amar Kuchinad, Copper's Global CEO, the firm provides a comprehensive suite of custody, trading and settlement solutions that reduce counterparty risk and bring greater capital and operational efficiency to digital asset markets. At the heart of Copper's offering is Multi-Party Computation (MPC) technology – the gold standard in secure custody. Copper’s multi-award winning custody system is unique in that it can be connected to centralised exchanges, DeFi applications and even staking pools without the assets leaving the custody.

Built on top of this state-of-the-art custody, ClearLoop is the first solution in the market that overcomes a growing industry challenge; counterparty risk with exchanges. This solution underpins a full prime services offering, connecting global exchanges, and enabling customers to trade and settle directly from the safety of their MPC-secured wallets. By reducing settlement time for transfers to a few milliseconds (without blockchain network dependency) and offering enhanced security measures, ClearLoop is rapidly reshaping the way asset managers trade and manage capital.

In addition to industry-leading security certifications, Copper has one of the strongest insurance coverages in the industry from an A+ rated insurer, positioning the firm as the partner of choice for institutions seeking to safeguard their assets.

DEPARTMENT OVERVIEW

People Team at Copper is responsible for unleashing the collective brilliance of its people. We do this by creating a healthy and productive workplace that attracts, engages, develops and retains great people. 

TEAM PURPOSE

People Operations support and drive several key people functions, including people lifecycle administration, contracting, business support, people data analysis, process improvement, remuneration and benefits support, employee relations and wide scope of people related projects. People Operations team play a vital role in ensuring the well-being and satisfaction of our employees. 

ROLE PURPOSE

Payroll Lead will work as a part of People Operations team, delivering global payroll cycles, leading global payroll processes and leading on payroll projects. Reporting to Head of HR Operations, Payroll Lead will also work closely with Finance and Tax teams

Key Responsibilities:

• Managing end to end global payroll process in collaboration with payroll service providers for UK, US, UAE, EU, Switzerland, Liechtenstein, Singapore, Hong Kong.
• Working closely with People Operations team to capture compensation related changes, including onboarding and offboarding activities.
• Supporting annual payroll cycles as per the UK financial year including HMRC and ONS submissions.
• Preparing payroll reports, making payroll submissions, conducting checks and obtaining approvals for Employer of Records payroll in various EU and Asia locations.
• Ensuring compliance with local payroll related requirements. Proactively preparing time sensitive payroll documents and working alongside payroll providers to ensure Copper always remains compliant in its regulated and non-regulated locations.
• Close collaboration and communication with Finance team.
• Close engagement with employees, triaging and responding to pay related queries.
• Managing UK Pension Scheme, enrolling and offboarding employees ensuring compliance with UK pensions regulations (Defined Contributions) and making monthly submission.
• Managing payroll related projects and representing Copper before local labour department, financial, tax and social security authorities.
• Collaborating with Total Rewards Manager on annual compensation cycles administration and ad hoc remuneration projects.
• Prepare monthly payroll-related journal entries for finance to post into ERP system
• Prepare monthly department level breakdowns and variance analysis and forecasting for payroll-related p&l cost lines.
• Provide documentation and explanations for internal and external audits and ensure payroll records are retained and accessible for audit purposes.
• Complete annual PSA calculation and submission to HMRC.

Your experience, skills and knowledge 

Essential 

• You must have experience in global payroll administration [UK, US, UAE, EU, Switzerland, Liechtenstein, Singapore, Hong Kong].
• Demonstrable research skills regarding global payroll administration.
• Demonstrate key technical abilities within the role.
• Experience in managing global payroll providers and systems, including Employer of Records.
• Sound knowledge of applicable employment law, finance and taxation regimes, rules and regulations.
• Fluent in English (written and verbal).
• Forensic attention to details.

Desirable

• Degree or professional equivalent in a relevant discipline, HR or Finance qualification desirable.
• Demonstrable research skills regarding forthcoming employment law, finance and taxation developments, assessing and determining the impact to the business.
• Other languages an asset.

The benefits offered

• Paid Time Off - A minimum of 35 days of paid time off per year, inclusive of annual leave and public holidays. Employees also receive one additional day of annual leave for each year of service.
• Comprehensive Medical Insurance - Inclusive of dental, optical, audiology, and mental health coverage, with medical history disregarded
• Life Insurance
• Enhanced Pension Contributions - Includes an enhanced employer matching contribution
• 24/7 Employee Assistance Programme (EAP) 

In return for everything you can bring to Copper, we can offer you an exciting, challenging role in a fast-growing and dynamic business, with career opportunities and welcoming working environment.

If you think you have everything we're looking for and more, then we'd love you to apply for the opportunity.

Copper is an equal opportunity employer. We embrace diversity and equal opportunities in a serious way. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be. So, bring us your experience, perspectives, and skills. It is in our differences that we will continue to grow and ensure Copper is transforming how institutional investors engage with digital assets. Copper is a Disability Confident Employer, please let us know if you have a disability. If you require us to provide any assistance during the recruitment process, then we would ask you to highlight this to us and we will be happy to accommodate.