Sr. Compensation Analyst

1 week ago

Toronto, Ontario, Canada Corpay Full time

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, model ROI analysis, and prepare reporting deliverables including management reports and presentations.

This is an exciting and critical role in the organization as this team manages the variable compensation for 400+ HC, involving various levels of corporate strategies with real-time compensation analytics and business intelligence tools.

How We Work

As a Sr. Compensation Analyst, you will be expected to work in a Hybrid environment. Corpay will set you up for success by providing:

  • Assigned workspace in Toronto, ON and in-home office set up
  • Formal, hands-on training

Role 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 works closely with a team of analysts in the completion of Variable Compensation functions. Key Responsibilities include:

  • Supervise a team of analysts in the completion of work
  • Develop schedules and plans to ensure that required work is completed on time and within payroll submission timelines
  • Ensure standards and processes are maintained for both commission configurations and calculations
  • Review quality of analysts' work and payroll submissions prior to approval
  • Develop reports and tools to ensure commissions are configured properly
  • Monitor daily work performance of the team and individuals to ensure service levels are maintained
  • Identify training and development opportunities for staff and ensure adequate cross-training is in place
  • Maintain documentation and training material for processes
  • Maintain documentation standards for Compensation including exceptions and special approvals
  • Ensure all variable compensation commission and incentive payments are supported by signed and approved contracts
  • Support team through change
  • Ensure data output from processes is maintained in consumable formats
  • Identify and recommend improvements to current processes for increased efficiencies
  • Build models to evaluate proposed new commission incentives and structures
  • Construct summary reports that identify and analyze outcomes and trends on a monthly, quarterly, and annual basis

Qualifications & Skills

  • 5-6 years' experience in Compensation Analytics and Financial Planning
  • Business Intelligence tools (Power BI)
  • Budgeting and Forecasting
  • High-level Project Management experience
  • Basic Knowledge of CRM (Salesforce)
  • Medical, 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
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