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Sr. Compensation Analyst- Variable Pay
4 months ago
TK Elevator is currently seeking an experienced Sr. Compensation Analyst- Variable Pay in Atlanta, GA.
Responsible for planning, designing, modeling, accruing and calculating incentive plans and other elements within Total Rewards.
ESSENTIAL JOB FUCTIONS:
- Calculate or assist in the calculation of assigned bonus plan payouts using the compensation module in the HRIS system.
- Partner with compensation, finance and HR to ensure timeliness and accuracy of bonus payments.
- Create predictive modeling of assigned bonus plans to align with company and business objectives.
- Work closely with finance and accounting to ensure timely and accurate accruals of the bonus plans. Partner with US/Germany finance groups to ensure that accruals are in line with foreign parent company financials.
- Troubleshoot discrepancies in accruals with all stakeholders.
- Responsible for severance bonus calculations.
- Prepare employee data for departmental annual budget, working closely with finance team to ensure accurate data.
- Assist in preparing training materials about bonus and merit process, system end user, and any other material as needed.
- Prepare mid-year performance analysis of operations bonus plans.
- Preserves confidentiality of employee compensation data
- Bachelors Degree in Accounting, Finance or other Business related field
- 5+ years' experience in compensation administration
- Strong customer service skills with ability to effectively communicate with all levels of the organization
- Possess high emotional intelligence and excellent oral, written and interpersonal communication skills
- Advanced Microsoft Office Excel and PowerPoint skills
- Ability to adapt to rapid business and organizational changes
- Excellent analytical skills and attention to detail
- Experience with HRIS system preferred