Compensation Analyst

5 days ago


Toronto, Ontario, Canada Corpay Full time
What We Need
Corpay is currently looking to hire a Compensation Analyst within our Corporate Payments division. This position falls under our Compensation team and reports to the Manager, Variable Sales Compensation. This is an exciting and critical role in the organization as this team manages variable compensation for 400+ employees, involving various levels of corporate strategies with the power of real-time compensation analytics, business intelligence tools, and inhouse platforms. The Compensation Analyst works closely with business leaders and the Compensation Manager to administer sales variable compensation calculations, modeling ROI analysis, reporting deliverables including preparing management reports, presentations, and documenting business processes.
How We Work
As a 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 (3 days in office, 2 days remote)
Company-issued equipment
Hands-on training

Role Responsibilities
The responsibilities of the role will include:

Running monthly sales commission processes for various roles across different geographies
Calculating monthly, quarterly, and annual incentive payouts for sales and leadership roles with accuracy and timeliness
Building and modeling pay-for-performance sales commission and incentive plans for roles ranging from inside sales to senior sales management
Maintaining compensation structures on required systems based on Commission Plans
Analyzing, reconciling and auditing commission and incentive calculations to ensure compliance with approved plans and policies
Administering and tracking individual performance under sales incentive programs and measure against established KPIs
Engaging with business leaders on sales ROI and promote new incentives to support organization growth
Evaluating and reporting on the effectiveness of sales programs
Responding to inquiries regarding compensation payout, policies, and procedures
Identifying and recommending process improvements with a focus on increased efficiencies and enhanced analytics
Maintaining comprehensive documentation of all compensation-related processes, systems, and procedures
Supporting special compensation and partnership revenue share projects to improve internal business processes

Qualifications & Skills

3-4 years of experience in sales compensation and data analytics
Experience with Business Intelligence tools (e.g., Power BI)
Compensation modeling and incentive plan administration experience
Data analysis, reconciliation, and data mapping skills
Intermediate to advanced skills in Microsoft SQL and VBA/Macros
Proficiency with Microsoft Office Suite (Excel, Word, Visio, and PowerPoint)
Basic knowledge of CRM (Salesforce) preferred
Strong problem-solving skills with exceptional attention to detail and accuracy
Ability to work independently and prioritize work with a focus on deadlines and deliverables
Excellent written and verbal communication skills with business and technical stakeholders

Benefits & Perks

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

Our Company & Purpose
CORPAY is a global leader in business payments, laser focused on developing smarter ways for businesses to pay their expenses.  Since 2000, CORPAY has developed innovative digital solutions that help businesses better track, manage, and pay their expenses. Today, CORPAY is an S&P 500 company with hundreds of thousands of customers using our products in over 100 countries. Companies of all sizes, industries and geographies rely on our product portfolio to manage spending more quickly, efficiently and securely than ever before.   
 
We embrace a culture grounded in five key values: integrity, collaboration, innovation, execution and people.  These values offer you the opportunity to 'thrive & grow' through career development, volunteer, community, and wellness initiatives. This allows you to create a balance between professional goals and personal achievement.
 
CORPAY is also committed to building and nurturing a culture of diversity, inclusion, equality, and belonging by:

Welcoming people of different backgrounds, cultures, ethnicities, genders, and sexual orientations.
Empowering our people to share their experiences and ideas through open forums and individual conversations; and
Valuing each person's unique perspectives and individual contributions.

Embracing diversity enables our people to "make the difference" as CORPAY and its more than 8,000 employees continue to shape the future of global payments. Learn more by visiting  or following CORPAY on LinkedIn.
Equal Opportunity/Affirmative Action Employer
 
CORPAY is an Equal Opportunity Employer. CORPAY provides equal employment opportunities to all employees and applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information, veteran and/or military status or any other group status protected by federal or local law. If you require reasonable accommodation for the application and/or interview process, please notify a representative of the Human Resources Department.
For more information about our commitment to equal employment opportunity and pay transparency, please click the following links: EEO and Pay Transparency.
 

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