Shared Services Analyst

Shared Services Analyst

Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
OneSource Virtual

At a Glance

  • Tasks: Analyse payroll data and ensure accurate payments for global clients.
  • Company: Join a leading tech company focused on payroll and benefits solutions.
  • Benefits: Competitive salary, professional development, and a supportive work culture.
  • Other info: Dynamic team environment with opportunities for growth and creativity.
  • Why this job: Make a real impact in payroll processes while working with innovative technology.
  • Qualifications: Experience in payroll or data administration and strong problem-solving skills.

The predicted salary is between 30000 - 40000 £ per year.

OneSource Virtual (OSV) has worked exclusively with Workday customers since 2008 to deliver compliant, in-tenant technology and expert services to automate the administrative, transactional tasks of payroll, taxes, earned wage access, accounts payable, and benefits. With over 1,500 customers, 92% retention, and $225 billion in treasury movement annually, OSV helps organizations maximize their Workday investment and operate it with confidence.

Position Summary/Objective

The Shared Service Analyst analyses key payroll data during the payroll lifecycle globally. The Analyst ensures tight control of the specific payroll and tax processes by ensuring key milestones are met in a high-quality manner. This position ensures strict adherence to GDPR guidelines by ensuring data privacy is always secured. The Analyst serves as the quality gateway to accurate payroll payments to OSV's global client base by ensuring the utmost quality payroll data support and the timely completion of all payroll activities.

Essential Functions/Duties/Responsibilities

  • Audit and Reconciliation Responsibilities: Analyse, validate, and report items that fail to reconcile, ensuring sufficient information is provided to assist in problem resolution. Establish data entry priorities and resolve discrepancies by using departmental policies and procedures. Carry out data entry responsibilities as per the requirements and priorities. Verify entered data by reviewing, correcting or updating data assisting in the regulatory submission and reply to transactions, audit data per the standard operating procedures. Understand and work to relevant data protection guidelines by ensuring data privacy is always secured. Work with third parties to gather and validate data, and carry through appropriate actions.
  • Global Payroll Responsibilities: Analysis of various payroll/HR data reports. Able to identify errors through trending and detail-oriented review. Ability to clearly communicate directly with the client, via OSV's case management system, to ensure they understand the actions they must take or respond to a query that requires OSV action. Support and meet all Service Level Policy agreements, response time and accuracy. Serve as the conduit between the client and the global payroll vendor to ensure communication and any issue resolution is handled in a clear, timely and client-centric manner. Gather, format and transmit critical payroll data, interfaces and manual files based on strict payroll calendar timelines to ensure employees are paid accurately and timely. Research supported business process problems and engage appropriate resources, internal and external. Ensure proper diagnostics on issues and manage customer expectations and communications regarding recovery. Maintain the consistency and integrity of OSV business process support through case oversight and problem resolution. Assist with assigned reporting for customers and as assigned for case management and other governance needed.
  • Global Support: Contribute to the US Settlement process in line with the agreement Service Level Policy agreement, response time and accuracy. Assist the US and Canadian Garnishment process daily. Support the Wages process whilst effectively communicating and setting expectations with our customers. Contribute to the US & UK Year process inclusive of the P11D requirement.

Competencies

  • Business Acumen
  • Communication
  • Payroll/BPO/BPaaS Expertise
  • Critical Evaluation/Analytical Thinking
  • Relationship Management/Client-focused
  • Ethical Practice

Qualifications and Experience

Relevant qualification and/or payroll or equivalent data administration that demonstrates the ability to perform the duties of the position.

Essential Skills

  • Problem-solving: must be able to identify and resolve problems in a timely manner; appropriately gather and analyse information and apply creative talents to problem-solving.
  • Research: the ability to quickly and accurately research issues and propose solutions or course of action.
  • Confidentiality: the ability to maintain the confidentiality of sensitive Company and personal information.
  • Demonstrated experience in being detail-orientated with exceptional organisational and multi-tasking skills.
  • Intermediate to advanced Excel skills, including ability to work with pivot tables.
  • Effective written and verbal communication.
  • Self-directed management of work and results.
  • Flexible in a changing environment.
  • Strong customer focus.

Preferred Skills

  • Bachelor's degree preferred.
  • 2-3 years of customer service or related experience and/or training.
  • Prior Payroll Transactions/BPO/BPaaS experience.

Due to the nature of our business, the customer undertakings we provide, and the sensitive data we manage, we operate detailed background checks for all successful candidates which include a credit reference and basic criminal record check amongst educational and employment checks. Employment decisions will take account of all relevant information, including the background check outcome, in relation to each individual role.

You are encouraged to learn and share ideas when you join the OneSource Virtual team. We reward innovative thinking, fresh perspectives, creative collaboration, and hard work. As an organization experiencing routine strategic growth, we are always on the lookout for intelligent, talented, and forward-thinking professionals to join our team. OSV employees enjoy a values-based culture, upward mobility, and professional development with opportunities of all kinds.

Shared Services Analyst employer: OneSource Virtual

OneSource Virtual is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture where collaboration and innovation thrive. Located in the United Kingdom, we provide our team with comprehensive benefits, including flexible working arrangements and opportunities for professional advancement, making it an ideal place for those seeking meaningful and rewarding careers in payroll and compliance.

OneSource Virtual

Contact Details:

OneSource Virtual Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Shared Services Analyst

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like OneSource Virtual. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Shared Services Analyst

Analytical Skills
Attention to Detail
Data Entry
Payroll Processing
GDPR Compliance
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to OneSource Virtual.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on OneSource Virtual's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at OneSource Virtual

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with OneSource Virtual.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at OneSource Virtual will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former OneSource Virtual employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.