Incentive Compensation & Procurement Analyst (Remote)
Job Description
We are looking for a talented and self-motivated Incentive Compensation & Procurement Analyst to assess every aspect of our daily business, with the goal of helping the organization operate more efficiently. In this role, you will examine existing and proposed incentive compensation plans as well as vendor relationships and look for opportunities for improvement, report common issues, evaluate company performance, and recommend new procedures.
To excel in this position, you should be an experienced professional with knowledge of incentive compensation and vendor management techniques.
WHAT YOU’LL DELIVER:
Manage the design and implementation of SmartRecruiters incentive compensation program.
Work with the Operations leadership team on the incentive plan design and delivery across the organization.
Partner with department heads on the effectiveness of incentive compensation plans.
Support adjacent teams with accurate reporting around performance metrics and compensation including sales, accounting, payroll, and human resources.
Develop and maintain clear documentation around plan performance and execution across the various entities of the organization.
Develop and negotiate long-term relationships with vendors, both existing and potential.
Lead and manage the global sourcing strategies for assigned technology and related services across the company.
Identify cost savings and process improvement initiatives.
Partner with IT to select the company’s product and service providers, and manage procurement to reduce operational costs.
Maintain relationships with key vendors focused on creating value and growth.
Improve billing, audit, and financial operations in partnership with Finance.
Execute strategic sourcing, including RFX, negotiations, and contracting to supplier agreements.
Coordinate the negotiation and execution of contracts with the Legal departments.
Qualifications
Minimum of 2 years experience as a Compensation Analyst
Bachelor’s Degree in finance, accounting or related function or equivalent work experience
Proven experience in the development of effective incentive and variable compensation programs
Advanced modeling and analysis experience with EXCEL
Experience partnering with business development leaders in pursuit of effective performance-driven incentive plan structure and rollout
Cost optimization opportunity analysis and advanced contract negotiation
Strategic sourcing and supplier management processes with an emphasis on Cloud and SaaS procurement
Strong presentation skill (ability to present to senior leadership)
Strong oral and written communication (report writing experience)
Use of Xactly or other incentive compensation tools is highly preferred
Additional Information
SmartRecruiters is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.