Recruitment Budget Analyst

LLoyds Banking Group
End Date
Monday 26 June 2023

Salary Range
£37,548 – £41,720

We support agile working – click here for more information on agile working options.

Agile Working Options
Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours

Job Description Summary
The role involves owning the end-to-end recruitment budget and forecasting process, tracking and reporting spend, forecasting recruitment spend, supervising cost vs budget, identifying cost savings.

Job Description

• JOB TITLE: Recruitment Budget Analyst
• SALARY: £37,548 – £41,720 (Salary may vary on location)
• LOCATION(S): Leeds, Halifax, Edinburgh & London
• HOURS: Full Time
• WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

The Recruitment Budget Analyst is responsible for managing and reporting the financial position of the Group s spend on permanent recruitment, including team resource costs.

About this opportunity

The role involves owning the end-to-end recruitment budget and forecasting process, tracking and reporting spend, forecasting recruitment spend, supervising cost vs budget, identifying cost savings.

The role involves collaborating with the wider recruitment function, central Finance teams, P&P COO, Group Sourcing, and external Suppliers to provide financial insights and analysis to support recruitment related decision making.

What you ll need

• Financial Analysis: Strong analytical skills to evaluate the financial position, identify trends, use recruitment and organisational data to make recommendations. Must have a good understanding of financial data and budgeting processes. Ability to utilise information to provide a financial forecast. Use of analytical tools, such as Excel, PowerBi, financial software or budgeting tools.
• Technical Skills: Basic accounting skills to run the budget, including raising Purchase Orders, paying invoices, ledger reconciliation, accruals and journalling. Understand and utilise Group processes, systems, and policies. Ability to extract and utilise data for analytical use.
• Attention to detail: Keen eye for detail to ensure accuracy in budget reporting and provide robust forecasting.
• Interpersonal Skills: Strong written and verbal communication skills to present complex financial information and analysis to both financial and non-financial stakeholders. Must be able to explain financial processes and concepts in a clear and concise manner.
• Planning and organisational skills: Strong planning and organisational skills to manage multiple tasks to meet deadlines. Must be able to prioritise tasks effectively and work efficiently under pressure.
• Business Acumen: Ability to develop a good understanding of Recruitment and the wider Group. Ability to align financial planning and budgeting activities with the Talent Management & Acquisitions wider strategic goals and objectives.
• Problem Solving: Able to identify and address issues related to end-to-end recruitment budget and forecasting process. Able to develop creative suggestions for solutions and present to stakeholders for consideration.

Why Lloyds Banking Group!

If you think all banks are the same, you d be wrong. We re an innovative, fast-changing business that s shaping finance as a force for good. A bank that s empowering its people to innovate, explore possibilities and grow with purpose.

About working for us

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it s why we especially welcome applications from under-represented groups. We re disability confident. So if you d like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 28 days holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you re excited by the thought of becoming part of our team, get in touch. We d love to hear from you!

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.