About Company
Luminor Bank AS is a leading independent financial services provider in the Baltics with a strong local presence and a clear vision for the future. We are building a bank for the new generation, driven by innovation, customer focus, and a commitment to sustainable growth. Our team is diverse, talented, and dedicated to creating a positive impact on the lives of our customers and the communities we serve. At Luminor, we believe in nurturing talent and providing an environment where every employee can thrive, learn, and contribute to our shared success. Join us and be a part of a dynamic and forward-thinking organization that shapes the future of banking in the region.
Job Description
Are you eager to launch your career in finance and looking for an opportunity where ‘no experience needed’ truly means it? Luminor Bank AS is seeking a highly motivated and detail-oriented individual to join our team as an Entry-Level Payroll Specialist in Rīga. This is a fantastic chance to step into the world of banking operations and gain invaluable experience in a critical function of any successful organization. As a Payroll Specialist, you will play a vital role in ensuring that our employees are paid accurately and on time, contributing directly to the well-being and satisfaction of our most valuable asset – our people. We understand that everyone starts somewhere, which is why we are committed to providing comprehensive training, dedicated mentorship, and a supportive environment to help you master the intricacies of payroll management. You will learn about various payroll processes, local labor laws, and advanced HR information systems. This role offers a unique blend of routine tasks and opportunities to learn problem-solving, ensuring no two days are exactly alike. If you are a quick learner, possess a strong sense of responsibility, and are keen to develop a specialized skill set in a professional setting, we encourage you to apply. This position is perfect for recent graduates or individuals looking for a career change who are ready to embrace a new challenge and grow with a leading bank in the Baltic region.
Key Responsibilities
- Assist with the accurate and timely processing of employee payroll, including salaries, bonuses, and deductions.
- Maintain and update employee records in the payroll system, ensuring data accuracy and confidentiality.
- Support the preparation of various payroll-related reports and documentation.
- Respond to basic employee inquiries regarding payroll and benefits, escalating complex issues as needed.
- Learn and apply relevant labor laws, tax regulations, and company policies pertaining to payroll.
- Collaborate with the HR team to ensure seamless information flow and alignment.
- Participate in ongoing training and development opportunities to enhance payroll expertise.
- Contribute to process improvements and optimization initiatives within the payroll function.
Required Skills
- High school diploma or equivalent; Bachelor's degree is a plus.
- Strong attention to detail and a high level of accuracy.
- Excellent organizational and time management skills.
- Basic computer proficiency, including familiarity with Microsoft Office Suite (Excel, Word).
- Effective communication skills, both written and verbal, in English.
- A proactive and positive attitude with a strong willingness to learn.
- Ability to maintain strict confidentiality and handle sensitive information with integrity.
- A strong work ethic and ability to work effectively as part of a team.
Preferred Qualifications
- Fluency in Latvian (written and spoken) is a significant advantage.
- Any prior administrative or office experience, even through internships or volunteer work.
- Basic understanding of financial or HR processes.
- Familiarity with any HRIS or payroll software.
Perks & Benefits
- Comprehensive training and mentorship program tailored for entry-level professionals.
- Opportunities for career growth and professional development within a leading bank.
- Competitive salary and a robust benefits package, including health insurance.
- A dynamic and inclusive work environment with a supportive team.
- Modern office facilities in the heart of Rīga.
- Employee discounts on various banking products and services.
- Regular team events and social activities.
How to Apply
Interested candidates are invited to submit their application by clicking the link below. Please ensure your CV and a brief cover letter highlighting your interest in this entry-level role are attached.