Sr. Compensation Analyst

Job title:

Sr. Compensation Analyst

Company

Corpay

Job description

What We Need
Corpay is seeking a strategic Sr. Compensation Analyst within our Business Intelligence division. The Sr. Compensation analyst works closely with business leaders and the Manager, Variable Sales Compensation, and compensation analysts to administer sales variable compensation calculations, modeling ROI analysis, reporting deliverables including preparing management reports, presentations, and documenting business process.
This is an exciting and the critical role in the organization as this team manages the variable compensation for 400+ HC which involves various levels of corporate strategies with the power of real time compensation analytics, business intelligence tools and the inhouse platforms.
How We Work
As a Sr. Compensation Analyst, you will be expected to work in an office environment. Corpay will set you up for success by providing:Assigned workspace in Toronto, ON
Company-issued equipment
Formal, hands-on trainingRole Responsibilities
The primary responsibility of this position is to support the regional sales leaders, Chief Data and Analytics officer and the Manager and Director of Sales Compensation in the administration of global sales variable compensation including commissions, sales bonuses, and incentives.
This role work closely with the team of analysts in the completion of Variable Compensation functions. Key Responsibilities include:Supervise team of analysts in the completion of work
Develops schedules and plans to ensure that required work is completed on time and within payroll submission timelines.
Ensures standards and processes are maintained for both commission configurations and calculations.
Reviews quality of analysts work. Reviews payroll submissions prior to submitting to the Sales Compensation Manager and Director for approval.
Develops reports and tools to ensure commissions are configured properly and
Monitors daily work performance of the team and individuals to ensure service levels are maintained and team members are contributing sufficiently.
Identify training and development opportunities for staff. Ensure that adequate cross training is in place to support staff absences without disruption in performance.
Maintains documentation and training material for processes.
Maintains documentation standards for Compensation including exceptions and special approvals.
Ensures that all variable compensation commission and incentive payments are supported by signed and approved contract and/or letters.
Supports team through change.
Ensures data output from processes is maintained in consumable data formats that support upstream consumption.
Identify and recommend improvements to current processes, with a focus on increased efficiencies and enhanced value-added analytics.
Build models to evaluate proposed new commission incentives and structures and evaluate the success of existing plans and structures.
Construct Summary reports that identify and analyze outcomes and trends on a monthly, quarterly, and annual basis.

Qualifications & Skills5-6 years’ experience in Compensation Analytics and Financial Planning
Business Intelligence tools (Power BI)
Budgeting and Forecasting
Excel (VBA, Lookups, Fuzzy Lookup)
High level Project Management experience
Microsoft SQL, Visio, Python
Basic Knowledge of CRM (Salesforce)Benefits & PerksMedical, Dental & Vision benefits available the 1st month after hire
Automatic enrollment into our 401k plan (subject to eligibility requirements)
Virtual fitness classes offered company-wide
Robust PTO offerings including: major holidays, vacation, sick, personal, & volunteer time
Employee discounts with major providers (i.e. wireless, gym, car rental, etc.)
Philanthropic support with both local and national organizations
Fun culture with company-wide contests and prizes#LI-RG1
#LI-Corpay
#LI-Hybrid

Expected salary

Location

Toronto, ON

Job date

Tue, 29 Apr 2025 02:39:48 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (hiring-jobs.com) you saw this job posting.