Manager, Financial Management in Watford
Manager, Financial Management

Manager, Financial Management in Watford

Watford Full-Time 60000 - 75000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Shape compensation strategies for 17,000 colleagues and lead annual pay cycles.
  • Company: Join KPMG UK’s dynamic Compensation team with a values-led culture.
  • Benefits: Competitive salary, professional development, and a collaborative work environment.
  • Other info: Opportunity for career growth in a fast-paced, innovative environment.
  • Why this job: Make a real impact on employee rewards and drive business performance.
  • Qualifications: Experience in compensation roles and strong analytical skills required.

The predicted salary is between 60000 - 75000 ÂŁ per year.

Join KPMG UK’s Compensation team and help shape how we reward around 17,000 colleagues across the firm. Reporting to the Compensation Director, you’ll partner with senior stakeholders across the business and HR to deliver the UK compensation strategy, annual pay and bonus cycles, and transformation initiatives. You’ll bring strong analytics and market insight to shape the compensation agenda, influence decisions and challenge constructively delivering fair, competitive and commercially sustainable pay outcomes that support performance, profitability and efficiency. Working within a complex environment, as part of high performing, values led Reward team.

What you’ll bring

  • Proven delivery: Experience in Compensation / Reward manager level roles within a complex organisation(s).
  • Collaboration: Work in partnership with HRBPs, Reward / Compensation / Centres of Excellence and business leaders, embedding yourself in teams to co-own outcomes and deliver at pace.
  • Influence and challenge with data and insights: Use analytics and market intelligence to shape recommendations, challenge thinking constructively and drive evidence-based decisions.
  • Value-focused: Prioritise work that improves business performance, profitability and efficiency, balancing competitiveness with cost and risk.
  • Proactive and outcome-focused: Anticipate needs, interpret what the data means (not just what it says) and provide clear, practical advice leaders can act on.
  • Align strategy with execution: Translate business direction into practical plans, governance and delivery across annual cycles and change initiatives.

What you’ll do

  • Partner with assigned client group(s) to provide end-to-end expert proactive compensation advice, including market trends, benchmarking, salary modelling, bonus schemes and pay gap analysis.
  • Design, deliver and evolve, compensation programmes and outputs such as supporting bonus and incentive arrangements in line with firm principles and market practice, focusing on value, consistency and measurable impact.
  • Build a strong understanding of the commercial context and operating model of the areas you support, anticipating needs and proactively turning insight into clear recommendations and actions.
  • Build trusted relationships with HR peers and senior stakeholders, influencing with data and insight and challenging constructively to deliver fair, consistent outcomes.
  • Work closely with the business, HR peers, and wider people function co-owning decisions to deliver compensation activities and projects end to end.
  • Lead elements of the annual salary and bonus review cycle, including design input, project management, modelling and delivery in line with firm strategy, timelines and governance.
  • Create and maintain compensation tools and provide insights that improve decision-making and increase efficiency, working with our offshore team, automating processes where appropriate.
  • Conduct market analysis, using survey data to support internal equity and external competitiveness.
  • Support the Compensation Director in delivering strong governance and compliance across all compensation activity, ensuring documentation exists and policies are reviewed regularly and remains fit for purpose.
  • Contribute to the ongoing development of the UK compensation strategy, principles and guidance, bringing insight from delivery, stakeholder feedback and external trends.
  • Act as an escalation point and provide day to day direction / guidance / coaching to the Compensation Assistant Manager(s) aligned to your client group, and / or project workstream(s).
  • Coach and develop, in the flow of work, the Compensation Assistant Managers, providing in the moment feedback, and quality assurance to support consistency and governance.
  • Deliver high quality ad hoc compensation projects as required, prioritising effectively and focusing on outcomes that improve performance, profitability and efficiency.
  • Work proactively with a high degree of autonomy, applying sound judgement with a solution focussed mindset, and escalating appropriately where needed.

Skills and competencies

  • Experience managing a salary and bonus review cycle in a large, matrixed organisation.
  • Proven experience in Compensation & Benefits / Reward manager level roles within a complex, matrixed organisation(s).
  • Experience using market benchmarking tools and working with HRIS data (for example Mercer, WTW or equivalent).
  • Strong commercial acumen and a governance-minded approach, with awareness of UK pay and reporting considerations (e.g. equal pay, pay transparency and pay gap reporting).
  • Strong stakeholder management and relationship building skills, with the ability to influence credibly at senior levels.
  • In-depth knowledge and understanding of salary surveys and compensation theory and practice.
  • Excellent communication, influencing and presentation skills, able to translate complex analysis into clear messages for different audiences.
  • Advanced Excel skills, including building robust cost and scenario modelling tools.
  • Strong logical, analytical thinking, and peer to peer problem solving; is able to work through complex problems methodically.
  • Works at pace, and is a self-starter, with the ability to maintain resilience and effectiveness during sustained periods of pressure, change or uncertainty.
  • Can work proactively in ambiguity and a “just in time” environment, executing according to project plans with a high level of attention to detail.
  • Proactively drives continuous improvement in tools, processes and all compensation activities.
  • A team player who works collaboratively but also thrives working independently with the ability to plan and prioritise own workload effectively within a very busy, fast paced environment, across multiple demands.
  • Takes responsibility for their actions and decisions.
  • Has a can-do attitude and positive mindset.

The People and Resourcing domain’s purpose is to enable the Group’s business strategy through its people. We maintain our position as an employer of choice by fostering a values-led culture, enabling our people to thrive, and delivering a positive experience through the employee lifecycle. We are a strategic HR function that leverages digitisation, automation, and data-driven insights to enhance decision-making and productivity.

Manager, Financial Management in Watford employer: KPMG UK

KPMG UK is an exceptional employer, offering a dynamic work environment where you can make a meaningful impact on the compensation strategies for 17,000 colleagues. With a strong focus on employee growth, collaboration, and data-driven decision-making, KPMG fosters a values-led culture that prioritises fairness and competitiveness in pay outcomes. Located in the heart of the UK, employees benefit from a supportive atmosphere that encourages innovation and continuous improvement, making it an ideal place for those seeking rewarding careers in financial management.
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Contact Detail:

KPMG UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Manager, Financial Management in Watford

✨Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even reach out to folks on LinkedIn. The more people you know, the better your chances of landing that dream job.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their compensation strategies and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate; you’re the one they need!

✨Tip Number 3

Practice your pitch! You should be able to clearly articulate your value and how you can contribute to their compensation strategy. Keep it concise and impactful – think of it as your personal brand statement.

✨Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows you’re genuinely interested in the role and appreciate the opportunity.

We think you need these skills to ace Manager, Financial Management in Watford

Compensation Management
Market Benchmarking
Data Analysis
Stakeholder Management
Communication Skills
Project Management
Excel Skills
Analytical Thinking
Problem-Solving Skills
Governance Awareness
Relationship Building
Continuous Improvement
Attention to Detail
Proactive Mindset
Commercial Acumen

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Compensation Manager role. Highlight your experience in compensation and reward management, and show how your skills align with what we’re looking for at KPMG UK.

Showcase Your Analytics Skills: Since this role involves a lot of data analysis, don’t forget to mention any relevant tools or methodologies you’ve used. We want to see how you can use analytics to influence decisions and drive outcomes.

Demonstrate Collaboration: We value teamwork, so share examples of how you’ve worked with HRBPs and senior stakeholders in the past. Show us how you’ve co-owned outcomes and delivered results in a fast-paced environment.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at KPMG UK

✨Know Your Numbers

As a Compensation Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics related to compensation and benefits, and be ready to discuss how you've used data to influence decisions in the past. This will show that you can bring valuable insights to the table.

✨Understand the Business Context

Familiarise yourself with KPMG UK's business model and the specific challenges they face in compensation management. Being able to connect your experience with their needs will help you stand out as a candidate who can hit the ground running.

✨Build Relationships

Highlight your experience in collaborating with HRBPs and senior stakeholders. Prepare examples of how you've successfully influenced decisions and built trust within teams. This is crucial for a role that requires partnership across various functions.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities in complex situations. Think of scenarios where you've had to manage salary reviews or implement compensation strategies under pressure. Be ready to explain your thought process and the outcomes of your actions.

Manager, Financial Management in Watford
KPMG UK
Location: Watford

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