At a Glance
- Tasks: Analyse data to support our Compensation & Benefits team and ensure accurate employee rewards.
- Company: Join Mitchells & Butlers, a leader in the hospitality industry with over 1,600 venues.
- Benefits: Enjoy 33% discount at all brands, annual bonus scheme, and up to 26 days holiday.
- Other info: Flexible office location in Birmingham with great career growth opportunities.
- Why this job: Make a real impact on employee rewards while developing your analytical skills.
- Qualifications: A-Levels or equivalent; strong Excel skills and attention to detail required.
The predicted salary is between 30000 - 40000 £ per year.
Are you a Financial Analyst who would be interested in broadening your skills and move into a role that utilises your analyst knowledge whilst focusing on Reward & Benefits, which sits within our HR Team? We have an exciting permanent opportunity for a Financial Analyst – Reward & Benefits to join our Compensation & Benefits team. Known internally as a Reward & Benefits Analyst, this role reports into our Head of Reward, and is an Office Flexible position based at our head office in Birmingham City Centre.
In this varied and challenging role, you will play a key role in supporting the Director of Compensation & Benefits and Head of Reward through the provision of reward-based employee data and analysis. You’ll provide robust and auditable data systems to support the corporate bonus process. You will support and run the data and systems design for annual pay reviews across our head office, retail staff and retail management teams.
You will be well rewarded:
- 33% discount across all our brands.
- 20% family and friend’s discount Annual Bonus Scheme.
- Buy up to an extra 2 weeks holiday.
- A pension that pays, where we’ll more than match your contributions (x1.5 of your contributions, up to a maximum of 5% of your salary).
- Private healthcare, dental plan, cycle-to-work, and keep-fit schemes.
- 26 days annual leave plus bank holidays.
The Opportunity – Financial Analyst – Reward & Benefits:
General: Through detailed and accurate data analysis, you will support the Compensation & Benefits team in the following activities:
- Responsible for the completion of external salary/benefits/pay benchmarking surveys, working with the Head of Reward to ensure data is accurate and reflective of the Company’s organisation structure.
- Manage the monthly process of company car checks, understanding and ensuring the HR system data aligns with corresponding Fleet data.
- As part of an evaluation panel, complete job role evaluations for new and existing roles.
- Produce and analyse regular structured HR data reports across the following areas: Expenses, Smart Fuel, Benefit Eligibility.
- Take a proactive approach to investigate and resolve any anomalies in HR data.
- Carry out any ad-hoc data analysis as requested by the Director of Compensation & Benefits and the Head of Reward.
Bonus: Work with the Head of Reward to calculate and ensure accuracy of Company bonus scheme payments:
- Calculating bonus payments for head office employees, ensuring payments are accurate, authorised and passed for payment in line with the scheme rules.
- Developing & maintaining a robust and auditable system for attributing both employees & their relevant earnings to the correct bonus schemes.
- Provide quarterly forecasts to the Finance team of potential bonus costs.
Annual Salary Reviews: Support the Head of Reward in delivering annual salary reviews across hourly and salary roles on a cyclical basis:
- Provide analytical reporting and data support, to ensure the accurate and timely implementation of pay reviews.
What you’ll need to bring to this Financial Reporting Analyst – Reward & Benefits role:
- Highly numerate, detail focussed and adept at analysis.
- Ability to work on own initiative and to strict deadlines.
- Excellent Excel / data management and presentation skills.
- Ability to interpret data and resolve data queries.
- Prior experience of managing large databases is essential.
- High level of integrity to ensure confidentiality.
- Prior experience of job evaluation preferred but not essential.
- Knowledge of HR Systems and Data is preferred.
Qualifications:
- A-Levels or equivalent.
- CIPD qualification preferred but not essential.
What makes Mitchells & Butlers a great place to work? At M&B we value the unique perspectives each person brings. We believe that by fostering a culture of inclusion, respect, and allyship, we create a sense of belonging, engagement and teamwork which are essential to delivering great guest experiences.
Closing date: Monday 1st June at 11:59pm.
Compensation: Competitive salary.
Financial Analyst – Rewards & Benefits in Birmingham employer: Mitchells & Butlers - HR
Mitchells & Butlers is an exceptional employer, offering a vibrant work culture that values diversity and inclusion while providing ample opportunities for professional growth within the hospitality industry. Located in the heart of Birmingham City Centre, employees enjoy a competitive salary, generous benefits including a substantial discount across over 1,600 venues, and a supportive environment that encourages work-life balance with flexible office options and additional holiday purchases.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Analyst – Rewards & Benefits in Birmingham
✨Tip Number 1
Network like a pro! Reach out to current employees at Mitchells & Butlers on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by diving deep into the company’s values and culture. Show them you’re not just about numbers but also about fitting in with their team spirit and commitment to excellence.
✨Tip Number 3
Practice your data analysis skills! Be ready to discuss how you’ve tackled complex data problems in the past. Use real examples that highlight your analytical prowess and attention to detail.
✨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, it shows you’re genuinely interested in joining the team.
We think you need these skills to ace Financial Analyst – Rewards & Benefits in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your analytical skills and experience relevant to the Rewards & Benefits field. We want to see how your background aligns with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your skills can contribute to our Compensation & Benefits team. Keep it engaging and personal – we love a bit of personality!
Showcase Your Data Skills:Since this role involves a lot of data analysis, make sure to mention any relevant tools or software you’re familiar with, especially Excel. We’re looking for someone who can handle numbers like a pro, so let us know what you’ve got!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining the Mitchells & Butlers family!
How to prepare for a job interview at Mitchells & Butlers - HR
✨Know Your Numbers
As a Financial Analyst, you'll need to demonstrate your numerical prowess. Brush up on key financial metrics and be ready to discuss how you've used data analysis in previous roles. Prepare examples that showcase your ability to interpret complex data and resolve discrepancies.
✨Understand the Role of Rewards & Benefits
Familiarise yourself with the concepts of compensation, benefits, and benchmarking. Research Mitchells & Butlers' approach to rewards and be prepared to discuss how you can contribute to their Compensation & Benefits team. Showing genuine interest in their practices will set you apart.
✨Excel Skills are Key
Since this role requires excellent Excel skills, practice using advanced functions and data management techniques. Be ready to demonstrate your proficiency during the interview, perhaps by discussing a project where you effectively used Excel to analyse data or streamline processes.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to manage large databases or resolve data anomalies. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.