Compensation & Benefits Analyst

We are looking for a Compensation & Benefits Manager to manage personnel cost planning and analysis across our group of companies.

In this role, you will plan and forecast payroll costs and headcount, track spending against the budget, analyse cost changes, and help the business make informed hiring and compensation decisions.

You will work closely with Finance, HR, and Payroll to keep personnel costs under control and ensure that financial plans reflect the company's needs.

Responsibilities

Prepare and maintain the annual budget and rolling forecasts for payroll costs and headcount across departments and companies

Update forecasts based on hiring plans, salary changes, promotions, employee departures, and other workforce changes

Compare actual personnel costs with the budget, identify differences, and explain the reasons behind them

Calculate bonus pools, estimate bonus costs, and model different payout scenarios. Support long-term incentive (LTI) calculations where needed

Track key people-cost metrics, such as cost per hire and total cost per employee, and analyse how they change over time

Prepare monthly personnel cost reports and updated forecasts for the Corporate FP&A Lead and Finance Business Partners

Compare the costs of different ways of engaging specialists, including direct employees, EOR, and B2B contractors

Requirements

3+ years of experience in Compensation & Benefits, FP&A, People Cost Analyst or a similar role

Payroll-cost and headcount (FTE) budgeting and rolling forecasting

Plan/actual variance analysis with decomposition by driver (headcount, rate, mix, timing) and clear narrative explanation

Bonus/long-term incentive modelling: pools, accruals, vesting, payout scenarios

Understanding of the structure of employer personnel costs across employment models — in-house employees, EOR providers, B2B contractors — and of gross-to-net logic

People-cost metrics: cost per hire, fully-loaded cost per FTE, attrition and ramp-up impact

Advanced Excel / Google Sheets skills

Basic management accounting: how personnel costs are recognised and allocated in the management P&L

Strong analytical skills and the ability to turn data into clear conclusions and recommendations

Good communication skills and the ability to work with Finance, HR, Payroll, and business teams

Nice to Have

Experience in fintech / brokerage or another fast-scaling international group

Experience planning personnel costs across multiple jurisdictions and with EOR providers

We offer

20 paid vacation days per year

10 paid sick leave days per year

Public holidays as per the company’s approved Public holiday list

Medical insurance

Opportunity to work remotely

Professional education budget

Language learning budget

Wellness budget (gym membership, sports gear and related expenses)

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