HR Business Partner - Reward, Data & Controls
Apply NowCompany: BNP Paribas
Location: Des Moines, IA 50380
Description:
Main Job Purpose
The Reward, Data and Controls Business Partner is responsible for managing all aspects of compensation, benefits, analysis of HR data and execution of HR controls for BNP Paribas Human Resources in the Channel Islands. The holder of the position will partner closely with territory management, business units and staff, as well as develop effective working relationships with central reward, data and controls teams in Head Office in Paris.
Key Responsibilities
Payroll Execution and Analysis
Manage the monthly end-to-end payroll for Jersey and Guernsey using GrassRoots / PeopleSoft and HSBC Net, ensuring compliant and timely treatment for income tax and social security purposes
Ensure the management accounting of the monthly payroll, providing the relevant staff cost data to the internal Finance team
Review, reconcile and sign off all sensitive accounts, using Group-approved tools and liaising with Finance as applicable
Ensure monthly post-payroll benefit reporting to the insurance broker / benefits administrator
Produce ad-hoc reporting for territory management as required
Benefits
Manage the flexible benefits platform (HRIS) and the working relationship with the provider
Lead, in conjunction with the insurance broker and benefit providers, the annual benefit renewal process for all Insured benefits, including analysis of loss ratio and negotiation of rates and terms
Manage the DB and DC pension schemes ensuring good governance in conjunction with pensions trustees
Produce ad-hoc reporting for territory management as required
Headcount and Budgets
Create and maintain the annual staff cost budget, HR budget and headcount budget (Including interim forecast adjustments), liaising with Finance and Head Office as required
Perform monthly headcount reconciliation
Manage monthly accruals for temporary staff
Benchmarking
Lead the annual remuneration survey process in liaison with the external provider
Analyse results and summarise findings for territory management
Propose adjustments / developments where necessary
Controls and Reporting
Ensure the investigation, analysis and delivery of accurate and timely MI and KPIs for territory management, including for formal ManCos
Complete all in-scope Head Office and local regulatory reporting
Manage the collation of in-scope data requested in internal and external audits
Monitor all expatriate expenses, including recharges and foreign social security, and liaise with the appointed tax advisor for the completion of individual income tax returns and the annual global assessment return
Monitor all risks and perform the necessary controls relating to the HR function in accordance with the required internal frequency (monthly, quarterly, ...)
Lead the annual employee engagement survey process; complete a detailed analysis of the results for territory management; work with key management stakeholders to execute identified improvement initiatives
Ensure timely reporting for the Channel Islands, including (but not limited to) prudential reporting, quarterly account certification and Compliance staff validations, annual average earnings survey and ETI return, ...
Compensation Review Process (CRP)
Own and manage the full end-to-end CRP campaign for salary reviews and bonuses, requiring the application of complex formulae to ensure budget and proposals are benchmarked, accurate and in accordance with Head Office pools
Ensure the use of Group tools and respect of tight deadlines throughout the process
Complete and submit all post-CRP controls
Other Responsibilities
Contribute to reward-related HR initiatives and projects to accompany business strategy
Coordinate and manage procurement for any new in-scope suppliers and advisors
Ensure existing third-party SLAs are relevant and kept up-to-date; implement any new in-scope SLAs as required
Review in-scope invoices and complete and submit internal purchase orders to ensure timely settlement
Ensure that GDPR requirements and strict confidentiality are respected at all times
Technical Skills
Essential Requirements
Solid technical understanding of Jersey and Guernsey income tax and social security legislation
Solid technical understanding of Finance practices (budgeting, cost analysis, ...)
Ability to interrogate and analyse complex data and extrapolate trends
Advanced Excel skills
Desired Requirements
Experience of Grassroots payroll software
Knowledge of PeopleSoft
Good understanding of broad HR practices
Good understanding of Jersey and Guernsey employment law
Qualifications & Industry Experience
Essential Requirements
Minimum 5-7 years' experience in a Finance or payroll / compensation and benefits role
Desired Requirements
Knowledge of or experience in the Financial Services sector
CIPD and / or qualification in tax / finance
Experience of or involvement in new HR initiatives or ad-hoc projects
Personal Style
Essential Requirements
Strong organisational, self-management and time management skills
Effective self-starter as well as reliable team player
High level of accuracy and strict attention to detail
Resilience to work under pressure calmly and efficiently and to meet tight deadlines
Strong client focus
High level of integrity, confidentiality and risk awareness
The Reward, Data and Controls Business Partner is responsible for managing all aspects of compensation, benefits, analysis of HR data and execution of HR controls for BNP Paribas Human Resources in the Channel Islands. The holder of the position will partner closely with territory management, business units and staff, as well as develop effective working relationships with central reward, data and controls teams in Head Office in Paris.
Key Responsibilities
Payroll Execution and Analysis
Manage the monthly end-to-end payroll for Jersey and Guernsey using GrassRoots / PeopleSoft and HSBC Net, ensuring compliant and timely treatment for income tax and social security purposes
Ensure the management accounting of the monthly payroll, providing the relevant staff cost data to the internal Finance team
Review, reconcile and sign off all sensitive accounts, using Group-approved tools and liaising with Finance as applicable
Ensure monthly post-payroll benefit reporting to the insurance broker / benefits administrator
Produce ad-hoc reporting for territory management as required
Benefits
Manage the flexible benefits platform (HRIS) and the working relationship with the provider
Lead, in conjunction with the insurance broker and benefit providers, the annual benefit renewal process for all Insured benefits, including analysis of loss ratio and negotiation of rates and terms
Manage the DB and DC pension schemes ensuring good governance in conjunction with pensions trustees
Produce ad-hoc reporting for territory management as required
Headcount and Budgets
Create and maintain the annual staff cost budget, HR budget and headcount budget (Including interim forecast adjustments), liaising with Finance and Head Office as required
Perform monthly headcount reconciliation
Manage monthly accruals for temporary staff
Benchmarking
Lead the annual remuneration survey process in liaison with the external provider
Analyse results and summarise findings for territory management
Propose adjustments / developments where necessary
Controls and Reporting
Ensure the investigation, analysis and delivery of accurate and timely MI and KPIs for territory management, including for formal ManCos
Complete all in-scope Head Office and local regulatory reporting
Manage the collation of in-scope data requested in internal and external audits
Monitor all expatriate expenses, including recharges and foreign social security, and liaise with the appointed tax advisor for the completion of individual income tax returns and the annual global assessment return
Monitor all risks and perform the necessary controls relating to the HR function in accordance with the required internal frequency (monthly, quarterly, ...)
Lead the annual employee engagement survey process; complete a detailed analysis of the results for territory management; work with key management stakeholders to execute identified improvement initiatives
Ensure timely reporting for the Channel Islands, including (but not limited to) prudential reporting, quarterly account certification and Compliance staff validations, annual average earnings survey and ETI return, ...
Compensation Review Process (CRP)
Own and manage the full end-to-end CRP campaign for salary reviews and bonuses, requiring the application of complex formulae to ensure budget and proposals are benchmarked, accurate and in accordance with Head Office pools
Ensure the use of Group tools and respect of tight deadlines throughout the process
Complete and submit all post-CRP controls
Other Responsibilities
Contribute to reward-related HR initiatives and projects to accompany business strategy
Coordinate and manage procurement for any new in-scope suppliers and advisors
Ensure existing third-party SLAs are relevant and kept up-to-date; implement any new in-scope SLAs as required
Review in-scope invoices and complete and submit internal purchase orders to ensure timely settlement
Ensure that GDPR requirements and strict confidentiality are respected at all times
Technical Skills
Essential Requirements
Solid technical understanding of Jersey and Guernsey income tax and social security legislation
Solid technical understanding of Finance practices (budgeting, cost analysis, ...)
Ability to interrogate and analyse complex data and extrapolate trends
Advanced Excel skills
Desired Requirements
Experience of Grassroots payroll software
Knowledge of PeopleSoft
Good understanding of broad HR practices
Good understanding of Jersey and Guernsey employment law
Qualifications & Industry Experience
Essential Requirements
Minimum 5-7 years' experience in a Finance or payroll / compensation and benefits role
Desired Requirements
Knowledge of or experience in the Financial Services sector
CIPD and / or qualification in tax / finance
Experience of or involvement in new HR initiatives or ad-hoc projects
Personal Style
Essential Requirements
Strong organisational, self-management and time management skills
Effective self-starter as well as reliable team player
High level of accuracy and strict attention to detail
Resilience to work under pressure calmly and efficiently and to meet tight deadlines
Strong client focus
High level of integrity, confidentiality and risk awareness