At a Glance
- Tasks: Analyse and manage data for Reward & Benefits, ensuring accuracy and compliance.
- Company: Join a dynamic team in a leading company based in Birmingham City Centre.
- Benefits: Enjoy 33% dining discounts, extra holiday options, and a robust pension scheme.
- Other info: Flexible office environment with excellent career growth opportunities.
- Why this job: Make a real impact on employee rewards while developing your financial analysis skills.
- Qualifications: Strong analytical skills and experience with large databases 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 Expenses, Smart Fuel, and 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 compliant 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:
- 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.
Reward & Benefits Financial Analyst - Data-Driven Finance in Birmingham employer: Mitchells & Butlers
Join a dynamic team in Birmingham City Centre where your analytical skills will thrive in a rewarding role focused on Reward & Benefits. We offer an exceptional work culture that prioritises employee well-being, with generous benefits including a 33% discount across our brands, flexible working arrangements, and opportunities for personal growth through training and development. With a commitment to recognising hard work through competitive bonuses and a supportive environment, this is an excellent opportunity for those seeking meaningful employment.
StudySmarter Expert Advice🤫
We think this is how you could land Reward & Benefits Financial Analyst - Data-Driven Finance in Birmingham
✨Tip Number 1
Network like a pro! Reach out to current employees in the company or industry on LinkedIn. A friendly chat can give us insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by researching the company’s values and recent projects. We want to show that we’re not just a good fit for the role, but also for the company culture.
✨Tip Number 3
Practice common interview questions, especially those related to data analysis and HR systems. We need to be ready to showcase our skills and experience confidently.
✨Tip Number 4
Don’t forget to follow up after the interview! A quick thank-you email can keep us fresh in their minds and shows our enthusiasm for the role. Plus, it’s a great chance to reiterate why we’re the perfect fit!
We think you need these skills to ace Reward & Benefits Financial Analyst - Data-Driven Finance in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reward & Benefits Financial Analyst role. Highlight your analytical skills and any relevant experience in HR systems or data management. 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 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!
Show Off Your Data Skills:Since this role is all about data, make sure to showcase your Excel and data management skills in your application. Mention any specific projects or experiences where you've successfully analysed data or resolved discrepancies – we want to know what you can bring to the table!
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 don’t miss out on any important updates. Plus, it’s super easy – just follow the prompts!
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 ability to interpret complex data and resolve discrepancies.
✨Understand the Reward & Benefits Landscape
Familiarise yourself with current trends in reward and benefits within HR. Research common benchmarking practices and be prepared to discuss how you would approach salary surveys and data accuracy. Showing that you understand the industry 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 talk about specific projects where you've used Excel to analyse data or create reports. If possible, bring along examples of your work.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about times when you've had to investigate data anomalies or manage large databases. Prepare structured responses that highlight your analytical thinking and ability to work under pressure.
