Financial Accountant - Compensation Accounting in London

Financial Accountant - Compensation Accounting in London

London Full-Time 40500 - 49500 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Join our HR team to analyse and manage compensation data for a global FTSE business.
  • Company: Dynamic global company based in the heart of London.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborative environment with a focus on career development and innovation.
  • Why this job: Make an impact by supporting fair compensation practices across multiple countries.
  • Qualifications: Experience with advanced Excel and HR systems; strong analytical skills required.

The predicted salary is between 40500 - 49500 £ per year.

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Ref: db 20725 Our client is a Global FTSE business, they are is looking for a Compensation Analyst to join their HR team in City of London.

Ideally you will have similar experience within a large organisation, Advanced Excel - (pivot tables, vlook ups, macros, formulas and complex workbooks)Experience working with HR systems and Compensation Tools to import and export data management (Success Factors, Resourse Link and Payscale Curo).

Strong analytical and data presentation skills to highlight and present key data points and insights.

You will provide support across a variety of Compensation related tasks, working closely with several HR Systems while also being a key point of contact and decision maker for the efficient delivery of compensation analysis.

The preparation and production of required reporting/disclosures/data as they relate to regulatory compliance requirements such as Gender Pay Gap, CEO Pay Ratio etc.

Working closely with our Finance team to produce remuneration reports for all UK statutory directors for financial analysis on an annual basis.

Working closely with our Finance team on our regulated entities, prepare and produce FCA Remuneration data submissions for companies in Singapore, UK, Dubai and Geneva on an annual basis.

Maintain the salary benchmarking tool (WTW) and upload up-to-date annual salary data.

Develop high-quality HCM and market trend analysis to support HR and business leaders.

Analyse and produce data for presentation purposes and periodic ad hoc reports for committees, boards and other relevant groups.

Support in operational areas of compensation including, but not limited to, offer consultation, market data, benchmarking, reporting, reconciliation, and other compensation analytics.

Maintain records of all employee shareholding, including LTIP awards, SAYE scheme and ordinary shares to identify monthly share activities and actions.

Producing payroll information for business insurance renewals for various Group offices.

Manipulating payroll reports to provide costings information to the accounting teams regularly.

Prepare, upload and reconcile global compensation data from the HR System (Success Factors) and other sources into our compensation tool (Payscale Curo).

Conduct UAT in Payscale Curo to ensure the system is in a state of readiness prior to the annual process Manipulating and aggregating large sets of data into various formats within excel.

Annual reconciliation of all share information from Shareworks against Success Factors and Curo, including uploading any supplementary awards made throughout the year.

Input and check all salary and bonus recommendations, provided both within the system and offline Provide HR with relevant compensation data to issue paperwork.

Coordinate any global bonus apportionments that may be required.

Perform detailed analysis to support compensation decisions.

Regularly cleanse and validate extensive compensation data throughout the year to ensure accuracy and integrity.

Financial Accountant - Compensation Accounting in London employer: Taylor James Resourcing

As a leading Global Broking firm based in London, we pride ourselves on fostering a dynamic and inclusive work culture that values collaboration and innovation. Our hybrid working model allows for flexibility, enabling employees to balance their professional and personal lives effectively while benefiting from continuous growth opportunities through hands-on experience and mentorship within a supportive team environment. Join us to be part of a forward-thinking organisation that prioritises employee development and offers competitive remuneration alongside a comprehensive benefits package.

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Contact Details:

Taylor James Resourcing Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant - Compensation Accounting in London

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

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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 Taylor James Resourcing. 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 Financial Accountant - Compensation Accounting in London

Advanced Excel
Pivot Tables
VLOOKUP
Macros
Formulas
HR Systems Experience
Compensation Tools

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 Taylor James Resourcing.

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 Taylor James Resourcing'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 Taylor James Resourcing

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 Taylor James Resourcing.

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 Taylor James Resourcing 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 Taylor James Resourcing 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.