Compensation Analyst

IFG's global manufacturing client is has an opening for a Compensation Analyst (new addition to an expanding team). This is a fantastic organization with a plethora of opportunities to grow and advance in the company. Reporting to the Manager of Compensation, this role will have tremendous exposure to senior leaders.

They operate on a hybrid schedule, 1-2 days per week in office

Their target salary is $85,000 - $90,000 (no bonus); Senior $95,000 maximum stretch for exceptionally aligned candidate.

Job Description Summary

As a key member of Corporate Total Rewards team, the Compensation Analyst supports the Center of Expertise for Company’s enterprise compensation programs and serves as an advisor to our HR partners at the Group and business level. The role is accountable for delivering a blend of compensation expertise and tactical support, including administering cyclical compensation and performance processes, managing salary survey participation, and ensuring compliance. The position also supports the development of tools, technology, and market pricing guidance, while contributing to enterprise initiatives such as job architecture and pay harmonization to maintain competitive and compliant compensation practices across the organization.

Position Responsibilities

• Support the development of tools, communications and Workday configuration for the annual merit and incentive process including effective tools, guidance, training and other issue resolution support for the HR partners and managers during the planning cycle
• Support execution of the performance management process including communications and Workday configuration
• Support annual development and evolution of total compensation statements
• Identify process improvements and technology enhancements for Rewards programs and implement solutions in partnership with other internal partners (i.e., HRIS, finance)
• Provide support to partner with the finance team to deliver quarterly reporting for the incentive plan accrual and other quarterly close needs
• Complete participation in all salary surveys and other ad hoc surveys on behalf of Company throughout the year
• Assist in managing information and data flows for the administration of various leadership programs including, but not limited to, the supplemental 401k/deferred compensation and LTIP
• Provide guidance to ensure HR partners are able to meet regulatory/compliance requirements on for their compensation programs an ongoing basis
• Support HR partners in accessing market information for competitive pay analyses including maintenance of any pricing systems
• Create market pricing guidance and tools to allow HR partners to effectively manage compensation competitiveness in their local markets
• Support the development of enterprise compensation programs, technology and tools that can be deployed at the corporate level and implemented in support of our individual businesses
• Support the Manager, Compensation in establishing and maintaining effective relationships with external advisors, plan administrators and other vendors
• Ensure accurate and timely updates to Compensation related materials on Corporate intranet site and support development of new materials for the site.

Qualifications and Competencies

• Bachelor’s degree in finance, accounting, or related field with 2 years of compensation experience
• Consulting experience, MBA or other related advanced degree highly desirable
• Demonstrated experience as a business consultant on compensation issue/data resolution and maintenance. Global experience highly desirable
• Proficiency using HRIS platform(s); Workday experience ideal
• Experience on large-scale projects entailing change management support
• Knowledge of legal requirements and government reporting/regulations affecting compensation programs to ensure continuous compliance
• Advanced proficiency with Microsoft Office software products; particularly Excel, PowerBI, and PowerPoint