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- Tasks: Analyse workforce costs and influence strategic decisions with data-driven insights.
- Company: Join Ferrero, a global family-owned company with iconic brands.
- Benefits: Competitive salary, inclusive culture, and opportunities for personal and professional growth.
- Why this job: Make an impact by optimising workforce costs in a dynamic environment.
- Qualifications: Strong analytical skills and proficiency in Excel; experience with financial models preferred.
- Other info: Collaborative team atmosphere with diverse talent and career development opportunities.
The predicted salary is between 28800 - 48000 £ per year.
Join to apply for the HR Cost & Workforce Analyst role at Ferrero
Ferrero is a family-owned company with a progressive and global outlook and iconic brands including Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno and Kinder Surprise. Represented in more than 50 countries with products sold in more than 170, Ferrero Group employs about 40,000 people who celebrate care and quality across our brands and journey.
Job Location: Greenford
Overview
Ferrero seeks a highly analytical and detail-oriented HR Cost & Workforce Analyst to join the HR team. You will own general people costs, including salary and benefits planning, analysis, and reporting. You will forecast, monitor, and optimise workforce-related costs and provide insights to support strategic decision-making.
Responsibilities
- Workforce Planning & Budgeting: Lead the setup and maintenance of Ferrero’s salary and benefits planning tool (EVO). Forecast and model headcount and compensation costs, update standard costs, and create budget scenarios to support business planning. Provide analytical support during salary review cycles and partner with Reward to guide compensation evolution in line with business needs.
- Cost Analysis & Financial Monitoring: Conduct monthly variance analysis on salary and benefits overheads using EVO and payroll data. Monitor and reconcile workforce-related overheads in SAP ECC and Excel, ensuring data accuracy and alignment with financial projections.
- Strategic Partnering: Act as the go-to expert for HR Centres of Expertise on cost management and workforce financials. Evaluate financial implications of headcount requests and collaborate with Organisation & Improvement and other stakeholders to interpret workforce cost data across functions.
- Reporting & Insights: Prepare and deliver insightful reports for HR and Finance leadership, including salary cost trends, recharges, and cost centre breakdowns. Respond to ad hoc data requests with strategic insights for decision-making and planning.
- Projects & Continuous Improvement: Lead or support cross-functional projects focused on cost optimisation and analytics improvements. Track and report project-related costs to ensure alignment with budgets and business goals.
Who we are looking for
- Strong financial and workforce planning expertise with the ability to work with complex datasets and financial models.
- Strong understanding of cost structures, budgeting and workforce planning principles.
- Advanced proficiency in Excel; experience with SAP ECC, EVO or similar HRIS/financial systems.
- Confident communicator able to influence and build credibility with HR, Finance and business stakeholders.
- Proactive, detail-oriented, and able to manage multiple priorities in a fast-paced environment; collaborative across teams.
How to be successful in the role and at Ferrero
Be consumer- and product-centric, aligned with Ferrero’s focus on quality, care and delivering brilliant results for consumers worldwide.
Seniority level
- Entry level
Employment type
- Full-time
Job function
- Project Management and Information Technology
Industries
- Manufacturing
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HR Cost & Workforce Analyst employer: Ferrero
Contact Detail:
Ferrero Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land HR Cost & Workforce Analyst
✨Tip Number 1
Get your networking game on! Connect with professionals in HR and finance on LinkedIn, attend industry events, and don’t be shy to reach out for informational chats. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews like a pro! Research common questions for HR analysts and practice your responses. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your analytical skills.
✨Tip Number 3
Show off your skills with a portfolio! If you’ve worked on any relevant projects or analyses, compile them into a neat presentation. This will give you an edge and demonstrate your expertise in cost structures and data analysis.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are genuinely interested in joining our team at Ferrero!
We think you need these skills to ace HR Cost & Workforce Analyst
Some tips for your application 🫡
Show Off Your Analytical Skills: Make sure to highlight your exceptional analytical and mathematical skills in your application. We want to see how you’ve tackled complex datasets and financial models in the past, so don’t hold back on those examples!
Tailor Your Application: Take a moment to tailor your CV and cover letter to the HR Cost & Workforce Analyst role. Use the job description as a guide and sprinkle in relevant experiences that showcase your understanding of cost structures and budgeting.
Be Proactive and Detail-Oriented: We love candidates who are proactive and detail-oriented! In your application, share instances where you’ve managed multiple priorities or led projects related to workforce cost optimisation. This will show us you’re ready for the fast-paced environment here at Ferrero.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Ferrero
✨Know Your Numbers
As an HR Cost & Workforce Analyst, you'll be dealing with complex datasets and financial models. Brush up on your analytical skills and be prepared to discuss specific examples of how you've used data to influence decisions in previous roles. This will show your potential employer that you can hit the ground running.
✨Familiarise Yourself with Tools
Make sure you're comfortable with tools like Excel, SAP ECC, and EVO. If you have experience with these systems, be ready to share how you've used them in past projects. If not, do a bit of research or even a quick tutorial to get a basic understanding. It’ll impress them to see your proactive approach!
✨Understand Cost Structures
Dive deep into the cost structures relevant to workforce planning. Be prepared to discuss how you would approach forecasting and modelling headcount and compensation costs. Showing that you understand the intricacies of budgeting and cost management will set you apart from other candidates.
✨Communicate Effectively
This role requires collaboration across HR and Finance teams, so practice articulating your thoughts clearly. Think about how you can convey complex information simply and effectively. During the interview, demonstrate your ability to influence and communicate with various stakeholders by sharing relevant experiences.