Senior Executive Business & Financial Analytics

As a Variable Compensation Specialist, your role involves designing and implementing variable compensation plans to support the organization's business strategies and goals. You will analyze the effectiveness of existing compensation programs and recommend changes to improve performance. Collaborating with other departments is crucial to ensure that compensation programs align with the organization's overall talent management strategy. Additionally, you will be responsible for developing and managing the annual budget for variable compensation programs. Conducting market research and benchmarking is essential to ensure the competitiveness of compensation plans. Communication of compensation plans and programs to employees and managers will be part of your responsibilities to ensure understanding and compliance. Administering variable compensation plans, including bonus, stock option, and other incentive-based programs, is also a key aspect of your role. Ensuring compliance with legal and regulatory requirements related to compensation is paramount. Developing and delivering training and communications materials to support the implementation of compensation programs is crucial for successful execution. Continuous monitoring and evaluation of the effectiveness of compensation plans will enable you to make recommendations for improvement. Key Responsibilities: - Design and implement variable compensation plans - Analyze existing compensation programs and recommend improvements - Collaborate with departments to align compensation programs with talent management strategy - Develop and manage annual budget for variable compensation programs - Conduct market research and benchmarking - Communicate compensation plans to ensure understanding and compliance - Administer variable compensation plans including bonus, stock option, and other incentive-based programs - Ensure compliance with legal and regulatory requirements - Develop and deliver training and communications materials - Monitor and evaluate the effectiveness of compensation plans Qualifications Required: - Minimum 1-2 years of relevant experience in Accounting/Audit/Data analysis - Bachelors in Commerce/BBA/Finance is essential, Masters or MBA preferred - Proficiency in MS Office products: Excel, Word, and Power BI - Good in Accounting with analytical and problem-solving skills - Attention to detail in day-to-day activities - Excellent verbal and written communication skills - Desirable skills include SQL and data analytics If you have any additional information about the company in the job description, please provide it for inclusion in the job description.,