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Financial Reward Analyst

Meridian Business Support
Posted a day ago, valid for a month
Location

Eastleigh, Hampshire SO50, England

Salary

£30,000 per annum

Contract type

Full Time

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Sonic Summary

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  • We are seeking a detail-oriented Financial Reward Analyst to join our Reward team, focusing on benefits, bonuses, and pay reviews.
  • The role requires proven experience in payroll, reward, or compensation analytics, with advanced Excel skills and strong financial analysis capabilities.
  • Key responsibilities include overseeing bonus schemes, supporting annual pay reviews, managing benefits administration, and conducting data analysis.
  • Candidates should have relevant education in Payroll, Finance, or HR, along with effective communication and organisational skills.
  • The position offers a competitive salary, and applicants should have a minimum of 2-3 years of experience in a related field.
Overview

We are looking for a detail-oriented Financial Reward Analyst to join the experienced Reward team, which oversees benefits, bonuses, and pay reviews across the company.
This role provides critical analytical and administrative support to the Reward Manager, with a strong focus on data analysis, financial modelling, and benefits management.

You will play a pivotal role in supporting various key projects, including the annual bonus and pay reviews, leave carryover analysis, benefits implementation, and monthly benefits administration.

Key Responsibilities

Bonus Scheme Administration:
Oversee bonus scheme processes, including creating bonus letters for new employees, managing entitlements, pro-rating, and preparing payment files for Finance and Payroll.
Annual Pay Review Support:
Assist with the pay review process by preparing review sheets, analysing pay data, identifying data anomalies, and providing insight into non-standard pay recommendations.
Benefits & Holiday Trading:
Manage holiday trading requests, assist with benefits onboarding for new team members, and respond to benefits-related queries.
Data Analysis & Reporting:
Provide technical support for reward-related data projects, conducting cost analysis, financial modelling, and ensuring accurate reporting for new and existing benefits.
Benefits Administration:
Handle requests from employees to join or leave benefits schemes and maintain clear communication through regular updates.

Skills & Experience

  • Proven experience in payroll, reward, or compensation analytics/administration.
  • Advanced Excel skills, including proficiency with formulas for data manipulation and analysis.
  • Experience in benefits administration, with a background in pay reviews, bonus processing, or benefits implementation considered a plus.
  • Strong numeracy and financial analysis capabilities.
  • Proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.
  • High attention to detail and ability to manage multiple spreadsheets accurately.
  • Effective communication skills, with the ability to summarise information concisely.
  • Strong organisational skills and the ability to work both independently and as part of a team.
  • Education in Payroll, Finance or HR, (or equivalent relevant) experience.

If you are interested in applying for this role, please follow the link here or contact Emma in the Eastleigh Branch.

Meridian Business Support is a recruitment specialist acting on behalf of our client as an Employment Business for this vacancy.

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In order to submit this application, a TotalJobs account will be created for you. As such, in addition to applying for this job, you will be signed up to all TotalJobs’ services as part of the process. By submitting this application, you agree to TotalJobs’ Terms and Conditions and acknowledge that your personal data will be transferred to TotalJobs and processed by them in accordance with their Privacy Policy.