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Reward & Compensation Analyst
Location: Oxford City Centre (Hybrid working, 3 days in the office, 2 from home)Salary: £47-52,000 per annum plus benefitsPermanent Position
Are you passionate about reward, compensation and strategic decision-making? Do you thrive in a dynamic environment where your insights can drive organisational success?
Our highly successful and growing client is seeking a competent Reward & Compensation Analyst, with a financial and analytical approach, to join their newly formed Reward Team in Oxford.
As the Reward & Compensation Analyst, you’ll be a key player in shaping the reward strategy and supporting their talented workforce. Reporting directly to the Head of Reward and Benefits, your role will involve a unique blend of financial acumen, business partnership, and operational understanding.
Key Responsibilities:
Financial Planning:
- Collaborate with HR leaders to develop and manage the annual budget for the department.
- Provide timely and accurate financial forecasts, identifying potential risks and opportunities.
- Conduct variance analysis and present financial insights to HR and Finance leadership.
Business Partnering:
- Act as a strategic advisor to HR leaders, offering financial insights to inform decision-making.
- Partner with HR teams on financial aspects related to talent acquisition, employee development, and retention initiatives.
- Attend HR meetings to stay informed about departmental priorities and challenges.
Headcount Planning & Forecasting:
- Responsible for long-term forecasting, metrics planning, and headcount projections.
- Create both budgeted and forecasted headcount outlook, a critical driver of operational expenses (OpEx).
- Own end-to-end detailed tracking and control processes for forecasting headcount.
- Deliver periodic executive-level updates on headcount status, insights, and trends to guide business decisions.
Salary Benchmarks:
- Prepare global salary benchmarking survey submissions, including data collection, role matching, and analysis of survey reports.
- Contribute to informed decisions by providing insights on salary trends and market competitiveness.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or related field.
- Proven experience in financial planning, reward analysis, and business partnering.
- Strong analytical skills and proficiency in financial modelling.
- Excellent communication and collaboration abilities.
Please apply today if you would like to be considered for this wonderful opportunity.
