HR Commercials Analyst

Join us as an "HR Commercials Analyst" in our Specialist Business Management team. This team is dedicated to cost control and workforce management within HR.

This is a data-focused role that requires frequent interaction with senior leaders across the bank. The successful candidate will collaborate closely with Finance, Procurement, Workforce Management, and Business Management teams. Strong skills in analysing financial and workforce data, and the ability to present insights to senior audiences, are essential.

This role is designed as a launchpad for broader business management and analytics careers within HR. The role is responsible for the continuous monitoring of budget and workforce targets, as well as preparing detailed outlooks during planning cycles. The role holder will be expected to support and participate in automation of this activity. They may also need to support HR procurement and accounts payable activities through internal systems.

Key Responsibilities

• Monitor and analyze HR budgets and workforce targets on an ongoing basis
• Prepare detailed financial outlooks and reports during planning cycles
• Input workforce and cost data into relevant systems and finance partners during planning cycles
• Support automation of budget and workforce tracking to deliver early insights before month-end
• Collaborate with Finance, Procurement, Workforce Management, and Business Management teams
• Present financial and workforce data insights to senior leaders, including Directors and Managing Directors
• Assist with HR procurement and accounts payable processes

To be successful as an "HR Commercials Analyst", you should have experience with:

Essential Skills and Experience

• Strong financial modelling and data analysis capabilities
• Experience in budgeting, forecasting, and cost control
• Excellent business partnering and communication skills
• Ability to analyze and present complex data to senior stakeholders

Desirable Skills

• Project management and process improvement experience
• Proficiency in advanced data visualization and BI tools
• Experience with automation of budget and workforce tracking

Basic/ Essential Qualifications:

You may hold a secondary or tertiary qualification in commerce or finance disciplines.

Relevant experience is prioritized over academic qualifications; a graduate degree is not required if you have the right skills and background. Prior experience within finance, business management, or supporting finance and business management functions is valued.

We welcome applicants from outside the Financial Services sector, provided you have strong Financial Planning & Analysis skills and can adapt to the demands of the role. You will become part of a diverse team whose members possess a broad range of expertise from which you can benefit.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role will be based out of Chennai.

Team follows a hybrid working pattern with 3 days in-office (Monday-Wednesday), unless otherwise required. Typical shift window will be from 11:00am to 8:00pm IST to support India and UK business requirements.

Purpose of the role

To provide operating and administrative support to senior leaders, simultaneously shaping and executing long-term strategic change, whilst helping to navigate complex challenges in the performance of their roles

Accountabilities

• Implementation of Target Operating Model, business development, and financial and non-financial resource allocation, providing strategic insight and thought leadership.
• Strategic support to and oversight of demand pipeline and the book of work, including assistance in the development and execution of strategic initiatives, projects, research, and analysis to support decision-making.
• Support to and guidance for operational efficiency and colleague/customer/client experience within the organisation, including the identification of areas for improvement, streamlining of processes, and implementation of best practices to enhance productivity, effectiveness and experience.
• Management of of people plan, talent development and succession planning including the identification of high-potential employees, provision of mentorship and guidance, and support to leadership development and diversity initiatives.
• Communication with internal and external stakeholders, management of communication channels and ensuring effective coordination across different departments and teams.
• Participation in compliance activities such as SMR and other regulatory registrations/certifications, as well as support for crisis management and risk mitigation, including the development of contingency plans, coordination of responses to emergencies, and business continuity.
• Management of all organisational/team requirements relating to technology, real estate, people and communications in conjunction with relevant partners across the firm.
• Enablement of oversight of risk management and compliance with internal and external requirements, including internal Governance on critical control activities in partnership with the CCO team, such as Records Inventory and RCSAs.
• Cost control and workforce management of the Business/Function, including involvement in financial analysis and planning, forecasting, and monitoring of financial performance against targets.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team's operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.