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Senior Compensation Associate - Doral, United States - FHLB Des Moines
Description
Senior Compensation Associate page is loadedSenior Compensation Associate
Apply
locations
New York
time type
Full time
posted on
Posted 12 Days Ago
job requisition id
R-11277
Position Information
Hiring Manager:
Head of Compensation Analytics
Department:
Strategic Accounting & Finance
Department Overview
The Strategic Accounting & Finance ("SAF") Department is responsible for the financial reporting, forecasting and analytics of the Management Companies at Golub Capital.
Its goal is to provide reliable and timely information enhancing the financial situational awareness of Firm leadership. The SAF Department liaises with and supports multiple departments to meet Golub Capital's overall financial needs. The SAF Department manages critical financial functions such as cash management, maintaining accounting records and reporting according to U.S. GAAP, firmwide compensation, budgeting and variance analysis, communicating financial performance to Firm leadership and interacting with Internal Accounting.Position Responsibilities
The Senior Compensation Associate will be responsible for researching compensation structures for different roles in the Firm (including base salary, bonuses, compensation increases / raises), analyzing compensation surveys and assisting with administering compensation programs and initiatives.
This role requires a professional with excellent attention to detail and strong data integrity skills.Responsibilities include:
Reviewing and providing compensation recommendations across client groups for new hires, promotions and associated pay adjustments using best practices
Handling ongoing job analysis, job evaluation and market pricing of global positions
Leading compensation programs and projects such as the annual merit, adjustment and promotion processes
Conducting pay equity analysis of roles in response to changing organizational needs, market values and geographic differentials
Partnering closely with the Payroll Team to ensure timely and accurate payment and tracking of payments
Researching and responding to compensation related requests from employees, Finance Team and HR Business Partners
Assisting with all operational aspects of the annual compensation planning processes including maintaining the compensation system (e.g., Beqom)
Assisting with preparation of required reporting and disclosures as they relate to regulatory compliance requirements
Conducting ad-hoc compensation and budget analyses as requested
Assisting in documenting existing processes and workflows and identifying continuous improvement opportunities
Managing vendor relationships (e.g., AST, Beqom)
Candidate Requirements
Qualifications & Experience:
Bachelor's degree in Business, Finance, Mathematics and / or a related field
3 to 5 years of relevant work experience in Compensation or related field
Experience in applying analytical methods to business problems, driving improved decision making and outcomes
Strong Microsoft Excel skills (including the ability to create complex formulas)
Solid analytical, mathematical and research skills
Meticulous attention to detail and the ability to follow through
Ability to maintain confidentiality dealing with sensitive information
Ability to drive projects to completion independently while also functioning effectively in a team environment
Excellent communication, presentation and interpersonal skills and ability to work in a fast-paced environment
Prior experience with Beqom is a plus
Critical Competencies for Success
Our Gold Standards
Model defines key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.
Leadership:
Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others.
Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome.
Achieving Results:
Role models in this area are high achievers who develop careful plans and deliver consistently and effectively.
They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow.
Thinking Critically:
Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance.
Personal Effectiveness:
Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances.
The
department-specific competencies
define the knowledge, skills and abilities that are needed to successfully perform the functional or technical work of this role.
Innovative Mindset:
Leverages an agile and creative mindset to drive innovative value creation, continuous process improvement and proactive learning through new technology, processes and people.
Compliance:
Ensures compliance with laws and regulations related to tax and accounting. Stays current on legislative and regulatory changes and implements practices to stay compliant.
Financial Analysis:
Leverages financial policies, accounting principles, technology and other financial analytics and metrics to ensure compliance and generate insights.
Industry Knowledge:
Demonstrates an understanding of the Firm's position in the industry, including its complex structure and competitive advantage in the marketplace.
Technical Communication and Documentation:
Documents and communicates technical processes and procedures in area of specialty to stakeholders. Adapts the level of detail and specificity based on the needs of the intended audience.
Compensation and Benefits
For New York Only:
It is expected that the base salary range for this position will be $125,000 to $140,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role.
The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered.
Details of participation in these benefit plans will be provided if an employee receives an offer of employment.If hired, the employee will be in an 'at-will position' and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.
Golub Capital is an Equal Opportunity Employer.About Us
Firm Overview
Golub Capital is a market-leading, award-winning direct lender and experienced credit asset manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Our sponsor finance expertise also forms the foundation of our Broadly Syndicated Loan and Credit Opportunities investment programs. We nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors.
As of October 1, 2023, Golub Capital had over 850 employees and over $60 billion of capital under management, a gross measure of invested capital including leverage.
The firm has lending offices in New York, Chicago, Miami, San Francisco and London. For more information, please visit.
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