What are the responsibilities and job description for the Human Capital Financial Planning Analyst position at CharterCARE Health Partners?
Job Summary:
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:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
