At a Glance
- Tasks: Manage payroll, pensions, and financial reporting with precision and insight.
- Company: Join a dynamic finance team in a leading organisation focused on transformation.
- Benefits: Competitive salary, unlimited travel perks, and career development opportunities.
- Other info: Embrace diversity in an inclusive workplace where your voice matters.
- Why this job: Make a real impact on financial processes while growing your career.
- Qualifications: Qualified accountant with strong analytical skills and experience in complex organisations.
The predicted salary is between 55000 - 65000 £ per year.
The Role: Employee Cost & RTR Analyst – Finance and Transformation team. Responsible for maintaining the financial engine of the business, including payroll, pensions, incentives and reporting, ensuring accuracy, compliance, and insight that the business relies on daily.
What You’ll Do:
- Take ownership of payroll accounting, ensuring accurate and complete entries in finance systems.
- Partner closely with Colleague Services to capture changes to payroll processes, including Project Elysium.
- Review and sign off payroll and employee cost balance‑sheet reconciliations.
- Reconcile payroll systems to the general ledger covering pay, tax, pensions and NI.
- Ensure timely and accurate payments to tax authorities and pension schemes.
- Oversee payroll finance activity delivered by IAG GBS, ensuring quality and accuracy.
- Support pay data analysis and provide insights for negotiations, including union discussions.
- Lead on IAS 19 pension accounting, collaborating with internal experts and external advisers.
- Provide pension‑related commercial insights and briefing materials to leadership.
- Act as the go‑to expert for IFRS 2 matters, explaining and accounting for costs.
- Manage incentive provisions, tracking performance and ensuring balances are accurate.
- Participate in ad hoc work and support team needs.
What You’ll Bring:
- Analytical, detail‑oriented, yet able to see the big picture.
- Strong judgement, collaborative mindset, and the confidence to explain complex financial topics in an accessible manner.
- Comfortable working with various teams, challenging constructively, and taking ownership to improve processes.
Your Experience:
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Experience in a complex organisation, Big 4, or technical accounting role.
- Strong knowledge of IFRS, particularly IAS 19 and IFRS 2.
- Experience working with or alongside payroll processes (preferred).
- Ability to analyse data, model financial impacts and present findings clearly.
What We Offer:
Competitive salary and benefits including staff travel with unlimited basic and premium standby tickets, up to 30 discounted 'Hotline' airfares per year, and opportunities for career development and progression across the business.
Inclusion & Diversity: We value diversity and are committed to creating an inclusive workplace where everyone feels they can be themselves.
Employee Cost & RtR Analyst in West Drayton employer: BA
As an Employee Cost & RtR Analyst within our Finance and Transformation team, you will thrive in a dynamic environment that prioritises accuracy and compliance while offering meaningful insights to the business. We provide competitive salaries, extensive benefits including unlimited staff travel opportunities, and a strong commitment to employee growth and diversity, ensuring that every team member feels valued and empowered to contribute. Join us in a culture that fosters collaboration and innovation, making it an exceptional place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Employee Cost & RtR Analyst in West Drayton
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Employee Cost & RtR Analyst in West Drayton
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
