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Compensation Senior Associate
2 months ago
EDP Energias de Portugal S.A. is a leading global renewable energy company, operating in over 25 markets worldwide. As a Compensation Senior Associate, you will play a key role in designing and administering the company's North American broad-based and variable pay programs.
Key Responsibilities- Collaborate with the HR Director on various projects, including program design, analysis, budgeting, and implementation of new programs.
- Lead the administration of base pay and variable pay programs, including annual salary review and bonus cycles.
- Participate in industry-related salary surveys and perform benchmarking analysis for EDPR roles to ensure market-competitive pay practices.
- Coordinate with Corporate Holding HR (CH HR) to administer processes within Success Factors and conduct the process for employees in North America.
- Serve as a subject matter expert on all Success Factors processes, including compensation, KPIs, and biennial competency reviews.
- Work with the HR team and outside vendors to ensure compensation-related HRIS resources are maintained and updated.
- Work with the Payroll team and HR Business Partners to assist/advise in processing the payroll for both US and Canada.
- Keep abreast of compensation practices and payroll processes for the Mexico payroll administered by the team in Mexico City.
- Work with the Payroll-responsible team to ensure all compensation data is complete and accurate at all times.
- Apply critical thinking in advising and implementing process improvements for maintaining and effectively using employee data.
- Advise/collaborate with the HR Business Partners on all compensation-related issues for their respective client groups.
- Collaborate with the Recruiting team to advise and assist on compensation-related issues for open positions and in negotiations with candidates being recruited for employment with the Company.
- Lead the due diligence effort on behalf of HR for potential acquisitions.
- Work with the HR Director in analyzing and benchmarking HR processes.
- Assist senior management in developing planning assumptions for HR and other analytical efforts as required.
- Bachelor's degree in Business, Finance, Human Resources Management, or a related field.
- 7+ years of HR experience in compensation with significant knowledge and skills in the use of HRIM systems.
- Certified Compensation Professional (CCP) preferred.
- Understanding of Microsoft products and/or complementing products.
- Competency in Analytical Problem Solving, Strong Communication, Customer/Partner Relationships, and Technology Expertise preferred.
- Experience with SAP and UltiPro a plus.
- Strong organizational skills, including the ability to organize and maintain a fluid administrative process.
- Strong analytical skills and high attention to detail.
- Highly proficient in the use of Excel, Payfactors, HR/Payroll applications, and other tools used in decision support analysis for the HR disciplines.
- Good time-management skills and ability to be self-motivated.
- High attention to integrity, ethics, and sensitivity, particularly regarding confidential information.
- Strong Interpersonal and teamwork skills.
- Strong written and verbal communication skills.
- Ability to work in a dynamic environment with multiple projects underway concurrently.
- Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment.
- Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form.
- Lifting: Ability to lift items weighing up to 10 pounds.
- Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form.
- Safety: Ability to understand and communicate safety precautions when necessary.