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Sr. Compensation Analyst- Variable Pay

Employer
TK Elevator
Location
Atlanta, Georgia, United States
Closing date
Apr 17, 2024

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
The first 3 letters in workplace safety are Y-O-U!

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

EDUCATION & EXPEREINCE:

* 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

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