Sr. Financial Analyst

Position Title: Financial Analyst, Senior

Overview:

We are seeking a highly skilled and detail-oriented Senior Financial Analyst to join a dynamic and collaborative finance team. This role is ideal for a professional who thrives in a fast-paced environment and enjoys working with complex data, incentive programs, and cross-functional teams. The position focuses on managing internal and external incentive compensation programs, supporting regulatory reporting requirements, and driving process improvements across financial operations.

The successful candidate will serve as a key liaison between finance, human resources, and sales teams, ensuring that incentive structures are accurately administered and aligned with organizational goals. This role requires strong analytical capabilities, a proactive mindset, and the ability to communicate effectively with stakeholders across various departments.

Key Responsibilities:

Sales Incentive Program Administration

• Serve as the primary point of contact for a designated line of business regarding incentive compensation program management.
• Administer internal and external incentive programs, including data extraction, reconciliation, and updates to ensure accurate and timely calculations.
• Run and maintain complex financial models to calculate incentive payouts and forecast future compensation scenarios.
• Summarize and present incentive data to stakeholders, providing insights and recommendations to support strategic decision-making.
• Partner with human resources and sales leadership to align incentive structures with performance goals and business objectives.

Regulatory Reporting & Compliance

• Oversee monthly reporting processes required by government mandates, including data validation, report generation, and distribution.
• Ensure compliance with all applicable regulations and internal policies related to financial reporting and incentive compensation.
• Resolve queries and discrepancies related to regulatory reports in a timely and professional manner.
• Maintain documentation and audit trails to support internal and external reviews.

Financial Controls & Audit Support

• Conduct regular audits of incentive compensation data and processes to ensure accuracy and integrity.
• Review internal controls and recommend enhancements to strengthen compliance and reduce risk.
• Collaborate with internal audit and compliance teams to support periodic reviews and assessments.

Incentive Goal Development

• Lead the development of incentive goals and targets, including financial modeling and scenario analysis.
• Provide recommendations based on historical performance, market trends, and strategic priorities.
• Work closely with management to gain alignment and approval for proposed incentive structures.

System Preparation & Testing

• Support system setup activities for incentive programs, including plan design configuration, data population, and testing.
• Ensure systems are accurately reflecting approved incentive plans and are functioning as intended.
• Troubleshoot and resolve system issues in collaboration with IT and vendor partners.

Cross-Functional Collaboration

• Act as the finance liaison to human resources and sales teams throughout the annual incentive compensation lifecycle.
• Facilitate communication and coordination between departments to ensure smooth execution of incentive programs.
• Provide training and support to stakeholders on incentive processes, policies, and systems.

Qualifications:

Required:

• Bachelor's degree in Finance, Accounting, Business, or a related field, or equivalent professional experience.
• Minimum of 5 years of experience in financial analysis, incentive compensation, or related areas.
• Strong attention to detail and accuracy, with a proven ability to work with large datasets and complex models.
• Demonstrated analytical skills and a history of driving process improvements.
• Excellent written and verbal communication skills, with the ability to present financial information clearly to non-financial audiences.
• Advanced proficiency in Microsoft Excel, including pivot tables, formulas, and data visualization.
• Intermediate proficiency in Microsoft Access or similar database tools.

Preferred:

• Experience with incentive compensation systems such as Oracle Fusion or similar platforms.
• Familiarity with regulatory reporting requirements related to employer group incentives.
• Background in working with cross-functional teams in a matrixed organization.
• Experience in a high-volume, deadline-driven environment.

Ideal Candidate Attributes:

• Self-starter with a proactive approach to problem-solving and process improvement.
• Comfortable working independently and managing multiple priorities simultaneously.
• Collaborative team player who builds strong relationships across departments.
• Committed to maintaining confidentiality and exercising sound judgment in sensitive matters.
• Adaptable and open to learning new systems, tools, and business processes.