Financial Analyst – Rewards & Benefits in Birmingham

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 and support and run the data and systems design for annual pay reviews across our head office, retail staff and retail management teams.

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.
• Where necessary liaise with external benchmarking providers to answer any data related queries in relation to survey submissions.
• Manage the monthly process of company car checks, ensuring the HR system data aligns with corresponding Fleet data, liaise with Payroll and the Reward and Policy Manager to understand any discrepancies.
• 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, working with relevant stakeholders to resolve where required.
• Carry out any ad‑hoc data analysis as requested by the Director of Compensation & Benefits and the Head of Reward.

Bonus:

• 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 and their relevant earnings to the correct bonus schemes, ensuring payments made accurate and compliant with the scheme rules.
• Provide quarterly forecasts to the Finance team of potential bonus costs.

Annual Salary Reviews:

• Provide analytical reporting and data support, to ensure the accurate and timely implementation of pay reviews.

What you’ll need to bring to this 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.
• Ability to plan and prioritise work essential.
• 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.