At a Glance
- Tasks: Analyse and manage data for rewards and benefits, ensuring accuracy and compliance.
- Company: Join a dynamic HR team in a leading company based in Birmingham City Centre.
- Benefits: Enjoy 33% dining discounts, extra holiday, private healthcare, and a generous pension scheme.
- Other info: Flexible office environment with opportunities for career growth and development.
- Why this job: Make a real impact on employee rewards while developing your financial analysis skills.
- Qualifications: A-Levels or equivalent; strong analytical skills and attention to detail required.
The predicted salary is between 35000 - 45000 £ 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.
You will be well rewarded:
- 33% discount across all our brands.
- 20% family and friend's discount for five of your nearest and dearest.
- 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:
- 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.
- 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.
- Complete job role evaluations for new and existing roles as part of an evaluation panel.
- Produce and analyse regular structured HR data reports across various areas: Expenses, Smart Fuel, Benefit Eligibility.
- Investigate and resolve any anomalies in HR data, working with relevant stakeholders.
- 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 & their relevant earnings to the correct bonus schemes.
- Ensuring payments made are 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 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.
- 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.
Financial Analyst - Rewards & Benefits in Birmingham employer: Mitchells & Butlers
Join a dynamic team in Birmingham City Centre as a Financial Analyst - Reward & Benefits, where your analytical skills will be valued and developed within a supportive HR environment. Enjoy a wealth of benefits including a generous discount across our dining brands, an annual bonus scheme, and the opportunity to buy extra holiday, all while contributing to a culture that prioritises employee well-being and growth. With a strong focus on professional development and a flexible office setup, this role offers a rewarding career path in a vibrant city.
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 your connections in the HR and finance sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Tailor your responses to show how your skills as a Financial Analyst align with their focus on Reward & Benefits. We want to see that you’re not just a numbers whiz but also a great fit for the team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. This will help you articulate your experience and skills confidently, especially when discussing 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 noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
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 is tailored to the Financial Analyst - Reward & Benefits role. Highlight your analytical skills and any relevant experience in HR data management or benefits analysis. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in this specific 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 Analytical Skills:Since this role is all about data, make sure to showcase your analytical skills in your application. Mention any experience you have with data analysis, Excel, or managing large databases. We’re keen to see how you can bring value to our team!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Mitchells & Butlers
✨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 analytical skills, especially in relation to rewards and benefits.
✨Understand the Role
Make sure you fully grasp what the Financial Analyst - Reward & Benefits role entails. Familiarise yourself with salary benchmarking, bonus calculations, and HR data management. This will not only help you answer questions confidently but also show your genuine interest in the position.
✨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the company's approach to rewards and benefits, or how they handle data discrepancies. This shows you're engaged and thinking critically about how you can contribute to their team.
✨Showcase Your Soft Skills
While technical skills are crucial, don't forget to highlight your soft skills. Talk about your ability to work independently, manage deadlines, and maintain confidentiality. These traits are essential for a role that involves handling sensitive HR data.
