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Incentive Compensation Operations Analyst

Incentive Compensation Operations Analyst

ConfidentialBengaluru / Bangalore, India
5 days ago
Job description

Job Purpose :

  • The Incentive Compensation Operations Analyst role is part of the regional Accounting Operations team and is responsible for the administration of various incentive plans in the Asia Pacific and Japan (APJ) region. This role requires a strong attitude with significant partnering with other teams across the organization, including Finance (FPA, Country Finance, Accounting), APJ HR (Compensation and Benefits, HR business partners) as well as business leaders (Country General Managers, Regional Business Leads). The incumbent will work cross-functionally with various departments to establish processes, procedures, and adequate controls, and drive improvements.

Responsibilities :

  • Assist in coordinating and setting up new plans every quarter or year in the incentive management tool.
  • Support (or lead) payout process, including calculations, manual compensation adjustments, approval process. This process will be executed in close coordination with Finance and other teams to obtain the actual performance results and the regional Compensation and Benefits team and senior leaders on approved payout adjustments.
  • Perform monthly accounting activities such as calculate month-end and quarter-end accruals, post journal entries, perform and conduct various account analyses and reconciliations, research issues and provide ad hoc deliverables for internal and external audit.
  • Respond to inquiries and requests from internal customers. This may include questions or disputes related to specific calculations and, tool or report navigation and training.
  • Ensure that all compensation policies and procedures are adhered to.
  • Liaise with incentive management tool provider to troubleshoot and resolve operational system issues (if any)
  • Maintain operational reporting functionalities in the incentive management tool, developing and distributing standard and ad-hoc reports.
  • Identify opportunities for process improvement and implement approved changes to streamline the compensation operation process, contributing to process and systems or tools enhancement projects.
  • Improve current process of gathering financial results from country Finance teams, exploring opportunities for automation and process simplification.
  • Support all testing requirements for system enhancements.
  • Ad-hoc duties or projects as assigned
  • Knowledge, Skills and Experience :

    3 to 5 Years of relevant work experience is required.

  • Bachelor's Degree
  • In Finance accounting Business Economics areas of study
  • Other (Please specify in 'Other' Section)
  • Able to execute instructions and to request clarification when needed.
  • Able to use common office equipment.
  • Able to perform complex mathematical calculations.
  • Able to recognize and attend to important details with accuracy and efficiency.
  • Understand, communicate, and collaborate effectively with people across various identities.
  • Able to communicate clearly and convey necessary information.
  • Able to interact effectively with higher levels of management (managers & above)
  • Possesses strong organizational and time management skills, driving tasks to completion.
  • Able to effectively multi-task.
  • Able to maintain confidentiality of sensitive information.
  • Able to collaborate and build solid, effective working relationships with others.
  • Able to constructively work under stress and pressure when faced with high workloads and deadlines.
  • Able to quickly learn / adapt to new systems and technology.
  • Professional, office environment.
  • Occasional non-standard work hours or overtime as business requires.
  • Key Skills

    What's In It For You

  • Elective Benefits : Our programs are tailored to your country to best accommodate your lifestyle.
  • Grow Your Career : Accelerate your path to success (and keep up with the future) with formal programs on leadership and professional development, and many more on-demand courses.
  • Elevate Your Personal Well-Being : Boost your financial, physical, and mental well-being through seminars, events, and our global Life Empowerment Assistance Program.
  • Diversity, Equity & Inclusion : It's not just a phrase to us; valuing every voice is how we succeed. Join us in celebrating our global diversity through inclusive education, meaningful peer-to-peer conversations, and equitable growth and development opportunities.
  • Make the Most of our Global Organization : Network with other new co-workers within your first 30 days through our onboarding program.
  • Connect with Your Community : Participate in internal, peer-led inclusive communities and activities, including business resource groups, local volunteering events, and more environmental and social initiatives.
  • Don't meet every single requirement Apply anyway.

    At Tech Data, a TD SYNNEX Company, we're proud to be recognized as a great place to work and a leader in the promotion and practice of diversity, equity and inclusion. If you're excited about working for our company and believe you're a good fit for this role, we encourage you to apply. You may be exactly the person we're looking for!

    We are an equal opportunity employer and committed to building a diverse team that represents and empowers a variety of backgrounds, perspectives, and skills. All qualified applicants will receive consideration for employment based on merit, without regard to race, colour, religion, national origin, gender, gender identity or expression, sexual orientation, protected veteran status, disability, genetics, age, or any other characteristic protected by law. To support our diversity and inclusion efforts, we may ask for voluntary gender disclosure information. This data will be used solely to improve our hiring practices and ensure fair treatment for all candidates.

    Skills Required

    Process Improvement, Journal Entries, Reconciliations

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    Compensation Analyst • Bengaluru / Bangalore, India

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