HR Cost Analyst

About Dixstone Group:

Dixstone Group is an expanding multinational thriving within the energy services sector. We specialise in platforms & vessels construction, marine services, offshore rig management, and specialised decommissioning services, in the North Sea, Latin America, and Central Africa. With a robust growth trajectory, the group is enhancing its global presence, with strategic expansion and diversification into new markets.

About the Role:

The HR Cost Analyst is responsible for analysing, forecasting, and reporting on labour and HR-related costs to support strategic workforce planning and budget management. This role partners with HR, Finance, and department leaders to provide insights on employee-related expenses, compensation trends, benefits utilisation, and headcount planning, ensuring alignment with organisational goals

Responsibilities:

Cost Analysis & Reporting

• Analyse and track workforce costs, including salaries, benefits, incentives, and other employee-related expenditures
• Prepare detailed monthly, quarterly, and annual HR cost reports and forecasts
• Identify cost trends, risks, and opportunities related to HR spending

Budgeting & Forecasting

• Lead the annual HR budget process in collaboration with Finance and HR Business Partners
• Forecast future labour and benefits costs based on trends, organisational growth, and economic indicators

Headcount & Workforce Planning

• Track and report on headcount, turnover, and workforce changes
• Support workforce planning initiatives by modelling cost impacts of hiring plans, reorganisations, and restructures

Compensation & Benefits Analysis

• Evaluate compensation trends and support benchmarking and salary review processes
• Analyse benefits, utilisation, and cost-effectiveness; provide recommendations for cost optimisation

Compliance & Audit Support

• Ensure data integrity and support internal/external audits with labour cost data
• Maintain confidentiality and compliance with labour laws and data privacy regulations

Tools & Process Improvement

• Develop and enhance dashboards, KPIs, and data models using Excel, HRIS, and analytics tools
• Drive process improvements and automation in HR cost reporting and analysis

Qualifications:

• Education: Bachelor's degree in Finance, Accounting, Economics, Human Resources, or a related field. MBA or relevant certification (e.g., CPA, SHRM-CP, CCP) is a plus
• Experience: 5+ years of progressive experience in financial analysis, cost analysis, or HR analytics, preferably in a corporate HR or finance environment

Required Skills:

• Advanced proficiency in Excel and data analysis tools
• Experience with HRIS systems
• Strong understanding of budgeting, forecasting, and financial modelling

Preferred Skills:

• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Effective communication and interpersonal skills
• Ability to manage multiple priorities and meet deadlines
• English Mandatory, French is a plus