Financial Analyst - HR

Inspired Thinking Group (ITG); Birmingham; Hybrid; GBP 35,000 - 65,000; Full time

Job summary

Join a forward-thinking company as a Financial Analyst in HR, where you'll leverage your financial expertise to drive strategic decisions and enhance HR efficiency. This role offers a unique opportunity to blend financial analysis with human resources, ensuring alignment between financial goals and HR strategies. You'll develop financial models, analyze data trends, and support budgeting processes, all while enjoying a vibrant workplace culture that values diversity and employee wellbeing. With competitive perks and a commitment to community, this position is perfect for those looking to make a meaningful impact in an innovative environment.

Benefits

25 days' holiday + bank holidays

Annual Wellbeing Day

Pension Scheme

Corporate Medical Cash Plan

Smart Working Options

Employee Assistance Programme

Cycle to Work Scheme

Monthly Employee Awards

Paid Volunteer Day

Referral scheme

Qualifications

• 3+ years in financial analysis, preferably in HR finance.
• Strong analytical skills and proficiency in financial modeling.

Responsibilities

• Develop financial models for HR budgets and forecasting.
• Analyze HR financial data to support strategic decision-making.

Skills

Financial Analysis

Analytical Skills

Communication Skills

Organizational Skills

Education

Bachelor's Degree in Finance or related field

Tools

Finance Systems

HR Systems

Business Intelligence Tools

Job description

Talent Partner @ Inspired Thinking Group (ITG, Storyteq, Deployteq & ReviewStudio)

The Financial Analyst - HR will be responsible for providing detailed financial analysis and support to the HR department, assisting in the management of HR budgets, forecasting labour costs, and analysing HR-related financial data to support decision-making processes across the business. This role requires a blend of financial acumen and an understanding of HR processes, ensuring that our HR strategies are aligned with our financial goals.

Key Responsibilities:

• Develop and maintain financial models to forecast labour costs, benefits expenses, and HR-related investments, aligning them with the company's financial plans and budgets
• Analyse HR financial data, identifying trends and providing insights to support strategic decision-making and improve HR efficiency and cost-effectiveness
• Support the development and implementation of financial best practices within the HR department, enhancing processes for budgeting, forecasting, and reporting
• Participate in compensation and benefits planning, providing financial analysis to ensure competitive and cost-effective packages that also align with our People First approach
• Prepare regular board and ad-hoc financial reports for HR and senior management, highlighting key financial metrics and insights related to HR performance
• Assist in the financial evaluation of HR projects and initiatives, conducting cost-benefit analyses to assess their potential impact on the organisation

Requirements:

• Minimum of 3 years of experience in a financial analysis role, with prior experience in HR finance preferred
• Strong analytical and quantitative skills, with proficiency in financial modelling and analysis
• Excellent knowledge of systems in general, with experience with Finance and HR systems (as well as BI experience) being a plus
• Exceptional communication and interpersonal skills, with the ability to present complex financial information in a clear and concise manner
• Highly organised and detail-oriented, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment

Benefits:

Work's a treat!

On top of a competitive salary, you can expect a whole load of perks:

• 25 days' holiday + bank holidays - we understand the importance of you getting some down time
• Annual Wellbeing Day - enjoy an additional day on us to look after your physical and mental wellbeing
• Pension Scheme - helping you save towards your retirement home in the sun!
• Corporate Medical Cash Plan - claim back the cost of your medical treatments
• Smart Working Options - spend up to 40% of your working week from home
• So many savings - through our online community platform, you can access dozens of daily deals, from money off top brands to discounts on days out
• Employee Assistance Programme - our people are at the heart of everything we do, so if you're happy, we're happy
• Cycle to Work Scheme - save on the cost of biking to work
• Monthly Employee Awards - Employee of the Month programme with £250 bonus
• Raising money for charity including a paid Volunteer Day - we're all about giving back... and having lots of fun in the process!
• Referral scheme - know the perfect person to join the team? You could bag £1,500 for a putting a good word in
• Wellbeing Programme - giving you the opportunity to join regular, interactive Wellbeing Workshops or join our 30 plus Wellbeing Champions
• Enhanced Family Friendly Leave - support for you and your family to help you navigate through the craziness of family life

We Value Diversity

We champion and welcome diversity in our workforce and ensure all job applicants receive equal and fair treatment, regardless of age, race, gender or gender identity, religion, sexual orientation, disability, or nationality.

We are not only committed to increasing the visibility and recognition of talent from under-represented groups within our organisation, but the wider industry too.

At the end of the day, we make sure we take time to look after ourselves, each other, and the planet, because we're always stronger together.

ITG have a number of community groups available to employees and exist to offer a safe space for like-minded colleagues, with shared interests to connect, socialise and check in with each other.

These include Black ITGers Together, LGBTQ+ Together, Mens Health Together, Muslims Together, Neurodiversity Together, Working Parents and Carers Together and Women In Tech Together.

What next?

If you found yourself interested in knowing more, drop us your application and someone from our team will be in touch.