Sr Analyst, Incentive Compensation Systems

PDS Health•Irving, TX

About The Position

The Sr Analyst, Incentive Compensation Systems will independently manage and drive compensation projects, taking the lead on supporting business leaders and the Incentive Team with implementing changes and requests for the supported systems. This individual will partner with all stakeholders and support teams to provide guidance on the capabilities and limitations for implementing changes. This position requires a highly analytical person with a background in Finance and Data Analytics, who is comfortable with multiple compensation and HRIS systems, solving complex business problems and performing detailed statistical and financial data analysis that can be acted upon to improve the internal operation and overall understanding of compensation processes and structures, and also has a strong interest in systems and identifying new technology that can create a better experience.

Requirements

Bachelor’s Degree in Finance, Business, Economics or related fields and/or equivalent combination of education and experience.
5 -7 years of experience working with incentive administration/modeling software.
Advanced skill with Excel, ability to build imbedded formulas, comfortable managing large data sets from various sources.
Ability to multi-task effectively without compromising the quality of the work and achieve deadlines in a fast pace environment.
Excellent interpersonal, oral and written communication skills and be able to meet the quality of standard customer service with active listening, learning and speaking skills.
Ability to effectively and succinctly simplify complex data and communicate information to management team.
Structure and logical thinker with ability to identify and define problems and opportunities and come to new conclusions based on analysis.
Detail oriented, organized, and process focused on data analysis and compliance of state and federal laws.
Ability to draw conclusions and make independent decisions with limited information.
Self-motivated, reliable individual capable of working independently as well as part of a team.
Ability to respond to common inquiries from customers, staff, regulatory agencies, vendors, and other members of the business community.
Ability to read, analyze, and interpret common financial reports, and legal documents.
Ability to work with mathematical concepts such as probability and statistical inference.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to handle and maintain extreme confidentiality with employee records, compensation information, etc.

Nice To Haves

Experience in a multi-regional healthcare, retail, or dental company.
Experience in full development life cycle of Anaplan Models, participated or lead in the implementation of Anaplan.
Previous experience with Incentive Management System.

Responsibilities

Own the day-to-day execution and management of PDS compensation programs (primarily focused on variable pay programs) and support systems to ensure appropriate governance and adherence to PDS’s pay-for-performance philosophy.
Drive cross-functional alignment with HRIS, Finance, IT, Accounting and Payroll to continuously assess, streamline, and automate scalable end-to-end compensation processes highly focused on the support and integrations needed for Anaplan.
Work closely with team leads and business SMEs to analyze new requirements, configure and build solutions and resolve production issues.
Design, develop, and deliver high quality reporting dashboards.
Knowledge of Anaplan Space Optimization and Formula Tuning
Able to do front ending with the customer and perform stakeholder management.
Lead production support issues based on severity and work with other teams to resolve them in a timely manner.
Lead existing Anaplan models and build new modules/models as needed.
Prepare artifacts like detail designs, tech specs, data flow diagrams and business architecture diagrams.
Develop and execute test plans and test scripts.
Lead in building business requirements needed for system updates and test and audit plan results.
Utilize various qualitative and quantitative analysis, modelling and reporting to aide business leaders in executing compensation decisions and programs.
Audits monthly, quarterly, and annual incentive calculations for more complex incentive plans that include several components.
Perform variable incentive program reconciliations, providing root source analysis to resolve issues.
Monitor incentive payouts and projections providing updates to management throughout plan year.
Uses historical trend information and expertise in market and business environments to create projections used for budgeting, forecasting, and plan changes.
Uses skills as a seasoned, experienced professional to identify trends and developments in competitive environments and present findings to management.
Design, build and maintain robust compensation reports and dashboards and provide leadership with real-time visibility into compensation business insights and incentive plan results.
Other duties as assigned by Management.