Incentive Compensation Analyst

Responsibilities:

• Support the development and administration of incentive compensation plans to promote internal equity, consistency, and alignment with business objectives.
• Prepare and review financial analyses to evaluate the impact of proposed changes to incentive compensation plans.
• Update incentive plans and maintain accurate records of signed plan documents.
• Compile monthly reports summarizing performance results and incentive payouts.
• Maintain incentive compensation systems to reflect plan changes, communicate updates to relevant stakeholders, and recommend system enhancements or upgrades.
• Gather and analyze data, research industry trends, and evaluate compensation benchmarks.
• Develop recommendations based on data analysis and contribute to the development of policies and procedures.
• Identify and implement process improvements to enhance the efficiency and effectiveness of incentive compensation processes.
• Participate in departmental and cross-functional projects.
• Perform other duties as assigned.

Qualifications:

• Strong financial modeling, analytical, and problem-solving skills.
• Bachelor’s degree or certification in Accounting, Finance, or a related field preferred.
• Experience administering incentive compensation plans within a large, multi-state organization preferred.
• Experience with Alteryx, Workday HCM, and/or Xactly Sales Performance Management preferred.
• Strong written and verbal communication skills.
• Excellent collaboration skills and the ability to work effectively with cross-functional teams.