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Manager of Compensation - Houston, United States - Kinetik Holdings Inc.
Description
Houston Office, 2700 Post Oak Blvd., Houston, Texas, United States of AmericaReq #85
Monday, March 4, 2024
Kinetik is strategically located in the heart of the Delaware Basin in the Permian, one of the fastest growing areas for oil and gas development in the world.
We provide the gathering, compression, processing, transportation and water management services required to bring natural gas, natural gas liquids and crude oil to market and are dedicated to providing the best service and netback for our customers.
We are driven to be best-in-class and committed to growing our existing assets in the Permian Basin through both greenfield and acquisition opportunities.
Kinetik employees have decades of experience in West Texas and provide all the important services our customers need to deliver gas and crude oil production to market, which include gathering, transportation, compression, processing and produced water management.
Schedule:
Monday – Friday, after hours as needed due to business necessity
Essential Duties and Responsibilities:
The Manager of Compensation will manage and oversee the Company's direct pay and incentive programs, along with driving the compensation philosophy and strategy.
Accountable for developing all meeting materials for the Compensation Committee of the Board of Directors, including competitive data and plan design alternatives
Independently manage complex projects covering all areas of executive compensation including changes to regulatory provisions, employee communication regarding executive and long-term incentive compensation programs, analyzing effectiveness of current executive programs, ad-hoc report and analysis requests
Assist in the development of performance management and performance driven pay policies and plans
Participate in external compensation surveys and interpret competitive compensation data, present observations to management, and recommend actions based on analysis
Conduct job evaluations of new and revised positions using methods such as market pricing and internal equity comparisons.
Serve as the primary person responsible for the administration and management of the Company's stock plans
Monthly reconciliation, reporting on stock exercises and release, coordinating share transfers, uploading awards, coordinating SEC requirements with legal department
Develop and manage planning materials for the annual equity compensation process and share budget process
Prepare reports and provide analytical support for ongoing activities, plans and program, special projects and initiatives
Responsible for staying current on the equity and compensation best practices for Midstream industry
Accountable for research, analysis, design, implementation, communication, and administration of long-term incentive plans for all eligible employees, ensuring alignment with business objectives and shareholder interests
Partner without external consultants on compensation related planning
Effectively and consistently manage changing priorities in a high paced environment while providing support to key stakeholders and team member
Other duties as assigned
Education and/or Work Experience Requirements:
Bachelor's degree in business administration, human resources, finance or accounting
10 or more years of experience (Preferred)
Experience with Performance Stock Awards (Preferred)
Candidate with prior experience working with Dividend Reinvestment Programs preferred
CEP certification preferred
Experience in being the primary point of contact for accounting, legal and finance counterparts with regards to stock plan events and data.
Working knowledge of equity compensation concepts, laws, and regulations.Excellent analytical skills and strong attention to detail and accuracy.
Advanced level of proficiency in Excel, experience with stock plan administration systems (AST and / or Fidelity).
Possesses a high degree of skill in presenting in-depth explanations, analyses and solutions
Proven ability to dissect complex issues and identify optimal outcomes
Must maintain the highest level of confidentiality
Working Conditions:
Prolonged periods of sitting at a desk and working on a computer
Must be able to access and navigate each department at the organization's facilities
Occasional driving may be needed to travel to Kinetik plants and worksites as needed
Available outside of normal working hours as needed for business necessity
Physical Requirements:
Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
Ability to work effectively in all working conditions noted above.
Will require lifting, carrying, pushing and pulling up to 15 lbs. in a safe manner on an occasional basis
Kinetik is an equal employment opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
Houston Office, 2700 Post Oak Blvd., Houston, Texas, United States of America#J-18808-Ljbffr
