Human Capital Financial Planning Analyst

The Human Capital Financial Planning Analyst plays a critical role in aligning workforce strategies with financial objectives. This position involves analyzing workforce data, forecasting personnel costs, and supporting strategic decision-making related to human resources. The analyst collaborates with HR, finance, and senior leadership to optimize the organization’s human capital investments while ensuring budgetary compliance and long-term sustainability.

Key Responsibilities

• Financial Planning & Budgeting

:

• Develop and manage personnel expense forecasts, including salaries, benefits, and other workforce-related costs.
• Support the annual budgeting process by analyzing headcount trends, compensation changes, and workforce initiatives.
• Identify and report variances between actuals and forecasts, providing recommendations for corrective actions.
• Workforce Data Analysis:
• Analyze workforce metrics, including turnover rates, headcount changes, and productivity measures, to identify trends and cost-saving opportunities.
• Provide insights into workforce allocation, staffing needs, and organizational capacity.
• Strategic Workforce Planning:

Collaborate with HR to assess the financial impact of talent acquisition, retention strategies, and workforce development programs.

• Develop long-term workforce financial models to align with organizational goals and market trends.
• Support scenario planning for workforce changes, such as mergers, expansions, or downsizing.
• Reporting & Decision Support:
• Create dashboards and reports to communicate workforce financial performance to key stakeholders.
• Present findings and recommendations to senior leaders, providing data-driven insights to support strategic decisions.
• Compliance & Risk Management:
• Ensure compliance with financial policies, labor laws, and regulations related to workforce planning and budgeting.
• Monitor risks associated with workforce costs and provide mitigation strategies.

Qualifications

Education:

Bachelor’s degree in Finance, Economics, Human Resources, Business Administration, or a related field.

Experience

• 1–5 years of experience in financial planning, workforce analytics, or related fields preferred
• Experience in using financial modeling and data analysis tools (e.g., Excel, Tableau, Power BI, SAP, or similar).

Skills & Competencies

• Strong analytical skills with the ability to interpret complex data and provide actionable insights.
• Experience in financial forecasting, budgeting, and scenario planning.
• Knowledge of HR processes and workforce planning strategies.
• Excellent communication and presentation skills, with the ability to influence stakeholders.
• Strong problem-solving and critical-thinking abilities.

Preferred Competencies

• Familiarity with HRIS systems and workforce management platforms.
• Experience in working within large, complex organizations.
• Knowledge of industry-specific workforce trends and challenges.

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