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Compensation Analyst

Company: Offerpad
Location: Chandler
Posted on: June 24, 2022

Job Description:

Position SummaryThe Compensation Analyst is responsible for supporting the day-to-day administration of the Offerpad agent commissions program and various incentive plans for eligible employees nationwide. This role will also be responsible for providing support in the design, development and administration of compensation programs. The Compensation Analyst will perform a variety of technical and analytical analysis, driving operational process improvements in the commission plan administration, compensation, biweekly payouts, monthly incentive calculations and improving the scalability of our agent commission program. - -Essential Functions

  • Manage the end-to-end process of the biweekly commission administration, including ensuring data is accurate prior to commission calculations, the payout process, manual adjustments, and approval process.
  • Update the commissions system (Power BI) with actual results, individual quotas, employee information, and compensation plan information. -
  • Partner with Finance, Payroll and Sales Operations to ensure accuracy of data, calculations and timely commission payments.
  • Provide ongoing support in resolving commission calculation-related inquiries and exceptions with the sales teams.
  • Maintain proper documentation of the commissions processes and related controls. Develop and maintain incentive documents.
  • Model proposed compensation plan scenarios to forecast financial impacts.
  • Support the management and calculation of monthly incentive plans, policies and processes.
  • Perform any ad-hoc reporting requests as they arise, such as pay modeling, and analysis of historical or future trends.
  • Support the financial accrual process for monthly commission estimates. Provide data or ad hoc reporting to Finance as needed for incentive bonus accruals.
  • Participate in a variety of HR and compensation related projects, including ad-hoc studies, projects and analysis.
  • Assist in the development, implementation, and administration of the company's compensation programs, including job evaluations and salary survey participation that support the company's business strategy. -
  • Support the compensation team in general compensation management.
  • Ensure all compensation methodologies, policies, procedures and governance are followed.Required Experience:
    Minimum Qualifications
    • Bachelor's Degree preferred preferably in Finance or Accounting, or equivalent business experience.
    • 3-5 years of experience in an analyst role (e.g., sales, forecast, or compensation).
    • Previous experience working on sales compensation administration and commission sales.
    • Advanced skills and knowledge of Excel and SQL/Power BI experience a plus.
    • Strong knowledge of incentive compensation systems.
    • Highly detailed oriented with strong analytical and organizational skills.
    • Strong attention to detail with focus on quality control
    • Ability to manage multiple tasks by effective prioritization and timely response.
    • Proven analytical skills to effectively analyze data and create meaningful, understandable models, reports, metrics, and charts.
    • Strong written and verbal communication skills
    • Ability to work collaboratively and supportively with management to achieve business objectives.
    • Ability to multi-task and work in a deadline driven environment.Preferred Qualifications
      • Previous real estate experience a plus

Keywords: Offerpad, Chandler , Compensation Analyst, Professions , Chandler, Arizona

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