Lead Compensation & Benefits Analyst

Our client is the third largest mutual building society in the UK, owned and run for their 1.5 million members. The Society’s responsibility is clear – to protect and serve the interests of members. They employ over 1800 members of staff, 75% directly serving our members through 70 branches, 22 agencies and on the telephone supported by head office functions in Coventry and Gloucester.

Due to their continued growth, they have an exciting opportunity to join their successful Human Resources team as a Lead Compensation and Benefits Analyst (Maternity cover up to 12 months).

The principal objective of this role is to provide analytical expertise to the compensations and benefits function, as well as undertaking various ad-hoc projects and to enable the function to achieve its objectives.

You will produce regular and ad hoc reports, creating new and amending existing MI as the requirements of the business demand. You will play an integral part in the annual pay review and pay progression schemes through research and analysis and then coordinating the process from initial data preparation, through sign off to payroll upload and employee communication. You will maintain the headcount budget and monitor existing and planned headcount against approved establishment.
As part of this role, you will work on a variety of tasks. You will play an integral role in monitoring headcount and recruitment against budgets, as well as providing reports to key stakeholders as and when required; and producing MI and conducting research to support company-wide pay reviews and accreditation schemes, and other HR and compensation & benefits initiatives.

In addition, you will play a key part in the maintenance and development of the HR information system (Oracle), carrying out testing with other areas of HR, resolving issues with users and the third party support provider, and supporting related projects.

You will need sound knowledge of core systems used within HR departments. Experience of report writing from a database system, intermediate/advanced use of Excel. Good level of numeracy and analytical thinking. Previous experience in an analytical or compensation/benefits role would be an advantage.

Required for the role is a high level of accuracy and attention to detail – presentation and accuracy of data/analysis is key to the role. Good written communication. Good planning and organising skills, with an ability to work on own initiative. You will be a team player within HR teams and wider business, with commitment to the company and its values.

Kelly Services UK Ltd is acting as an employment business in relation to this vacancy.