Sr. Compensation Analyst

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Job description

Pay: 100-120k, depending on experience

Benefits: Health, Dental and Vision insurance, Flexible spending accounts, Life insurance, Retirement plan, etc.

We are seeking a Sr. Compensation Analyst for our client in Houston TX. This is a hybrid role (50% remote) but the client is open to potential full-time remote.

The role administers and supports multiple compensation functions and programs including, but not limited to, broad-based compensation analysis and some executive compensation, salary surveys, variable compensation and salary and job classification structure maintenance.

Additionally, the role provides compensation data analysis to solve non-routine, complex business needs, leads compensation project initiatives and develops solutions to support analyses and/or processes including system enhancements. Consults with management on compensation program guidelines, regulations, and options or solutions. Advises management on moderate to complex compensation issues and leads projects.

JOB RESPONSIBILITIES:

Compensation Administration

Participates in administration of multiple variable compensation and salary increase programs. Provides data and analytical support which may include, but is not limited to, developing, running, downloading, and formatting management reports; creating job and pay matrices; testing software for business, functional, UAT, data accuracy, and mathematical accuracy.

Aggregates and performs statistical analysis on business data based on the needs of the Compensation team. Writes queries or reports to provide data for various analytical projects.

Integrates data from multiple data sources or functional areas, ensures data accuracy and integrity, and updates data as needed.

Conducts market analysis of company jobs to determine competitive positioning of the organization s pay programs regarding compensation.

Accurately interprets and applies policies, regulations, and compensation programs to advise management on sound business alternatives and solutions. Ensures compliance with multiple local, state, and federal laws.

May interface with leadership and various groups to understand business objectives, assesses effectiveness of existing programs to provide advanced compensation program data analysis.

Coordinates applicable enrollments for executive new hires and internal promotions

Accurately and effectively responds to executives inquiries; escalates complex inquiries to senior level team members, as needed.

Coordinates various tax imputes for executives

Prepares and submits all necessary documentation in a logical and efficient manner for management review

May administer deferred compensation program including: overseeing semi-annual enrollment, preparing and submitting periodic updates to vendor, and processing in-service/termination distributions from the plan

May coordinate vesting of restricted stocks and ongoing dividends and the final processing of stock option exercises

May administer PUP plans, executive life insurance policies and other grandfathered policies and plans.

May coordinate and prepare annual PROXY updates, as well as, lead the distribution of the Total Rewards Statements for Officers and eligible executive compensation participants.

May create and coordinate the distribution of the annual compensation summary sheets for incentive compensation and PUP payments

Project Lead

Serves as lead on key compensation projects and/or processes, including the preparation and administration of applicable supporting systems. Prepares and maintains project plans, tracks project progress, and prepares reports for clients or project stakeholders.

Works with team leadership to complete high priority projects, determines project priorities, and interacts with other corporate departments to manage data flow and deadlines. Documents processes, recommends improvements, and develops job aids.

Reviews project requirements, identifies interdependencies with internal or external departments or service providers, delegates responsibilities, and ensures that work is completed as needed.

Schedules relevant team or cross-functional meetings to ensure project success and to facilitate collaboration. Serves as a liaison between systems teams and compensation team for systems changes. May develop user documentation or training materials.

Develops solutions and tools to support compensation analyses or processes - most commonly with Microsoft Excel but may also involve other relevant tools.

Develops & maintains the compensation intranet SharePoint page.

Collaborates with compensation team to develop system requirements or changes.

Communicates requirements to the systems team through the use of specifications, project plans, or other forms of documentation.

Coordinates with systems teams, and compensation team to test processes and functionality.

This description is not an all-inclusive list of the essential functions or duties related to this job.

QUALIFICATIONS (minimum):

Education: Bachelor s degree in Human Resources, Management, Management Information Systems or related discipline or equivalent combination of education and experience. Certification/License

Certification(s): Certified Compensation Professional (CCP) preferred or working towards CCP.

Experience:

At least five (5) year s compensation experience to include 3 years analytical experience researching and resolving program issues, summarizing findings, proposing solutions, and advising management.

Experience with broad-based compensation analysis and some executive compensation, Workday, Shareworks and/ or Power Query would be preferred.

Knowledge, Skills and Abilities:

Demonstrated analytical, organizational and problem-solving skills, as well as detail oriented

Ability to self-manage work load, multi-task, and utilize time effectively to accomplish on-time deliverables

Ability to manage change and work effectively with ambiguous situations

Ability to build professional and trusting business relationships

Advanced MS excel skills

Demonstrated ability and experience handling complex issues and problems referring only the most complex issues to higher-level staff

Possesses sufficient knowledge of subject matter and technical expertise to perform with a high level of independence while requiring minimal oversight

Proficient oral and written communication skills

Project management skills

Ability to build collaborative relationships and work as part of a team

WORK CONDITIONS

Work Environment

Work indoors during all seasons and weather conditions

Comply with Corporate dress code policy

Work Postures

Sitting continuously for many hours per day, up to 6 hours per day

May climb stairs to access buildings

Physical Demands

Physical effort requiring manual dexterity is required, includes paperwork, calculators, computers and phone usage

Work Hours (M-F)

Working beyond standard hours, as the need arises

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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