What are the responsibilities and job description for the Manager, Compensation and Mobility position at American Axle & Mfg., Inc.?
At AAM, the POWER is in our people. We believe that an equitable and inclusive workplace benefits everyone, and that the diversity of our Associates drives creativity and innovation. Our global team is made of dreamers, doers and innovators who are Delivering POWER for a safer, brighter and more sustainable tomorrow.
Job Posting Title
Manager, Compensation and MobilityJob Description Summary
#TeamAAM is looking for a Manager of Compensation and Mobility to join our team in Detroit, MI. This role will support the Corporate Human Resources team at our World Headquarters location in Detroit, MI. This is an onsite position with the flexibility to work remote one day per week.Job Description
This role leads three functions within our Compensation team that are detailed below:
Executive Compensation:
- Primarily responsible for the preparation of the Compensation, Discussion & Analysis, related compensation tables and shareholder proposals for inclusion in the annual Proxy Statement.
- Supports the design and development of compensation programs for executive officers and outside directors for approval by the Board of Directors.
- Partners with senior management including Senior Vice President Human Resources, CFO, General Counsel and outside advisors including independent compensation consultant and proxy advisors.
- Leads the analysis and administration of executive officer compensation programs, including executive salary surveys, annual and long-term incentive programs, stock ownership policy and other programs.
- Prepare materials for the Compensation Committee of the Board of Directors at quarterly meetings.
- Responsible for the administration of the company's executive compensation programs including the Long-term Incentive Program, Change in Control Plan, Severance Program, Executive Deferred Compensation Plan and Executive Retirement Savings Plan.
- Responsible for monitoring equity share pool usage, overhang and burn rate within parameters established by proxy advisors to ensure share availability as needed.
- Prepare analyses and other disclosures for various public filings with the SEC.
Global Mobility:
- Coordinate international expatriate assignments and domestic relocations.
- Consult with external vendors including, relocation supplier and tax advisors.
- Responsible for all day-to-day relocation activities for associates.
- Responsible for establishing, implementing and maintaining domestic and international relocation policies.
- Develop and improve relocation programs and policies based on the best market practices to meet business needs.
- Responsible for communicating relocation policies to associates impacted and for finalizing and documenting international assignments with associates.
- Support HR Business Partners as needed regarding associate relocations and immigration activities.
- Responsible for tracking, forecasting and reporting mobility related costs, including processing of external vendor invoices and international assignee expense reports.
- Supports payroll, HR Business Partners and tax advisors to ensure the accuracy of associate payroll.
- Prepares monthly relocation accrual for Corporate Finance.
- Prepares annual budget data for international assignments.
- Responsible for managing the process of obtaining all year end expense data for inclusion in associate W-2 and coordinate with payroll and tax advisors.
Budget and Forecast:
- Prepare Corporate Human Resources budget and monthly forecasts.
- Monitor monthly actual results as compared to budget and forecast.
Required Skills and Education
- Bachelor's degree in accounting or Finance or closely related field, and/or 5 years of experience in Compensation or Global Mobility
Preferred Skills:
- Previous experience in financial modeling required
- Ability to analyze complex data to identify trends and advise business leaders
- Excellent attention to detail to ensure accuracy in data analysis
About AAM:
As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, we are Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit AAM.com.
Why Join #TeamAAM:
As a member of #TeamAAM, you'll get to make a difference on day one. From your first day with us, you'll have the opportunity to grow, embrace challenges, build your skills, and bring your authentic self to work every day, all while helping to shape the future of mobility for AAM...and the world.
AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail TalentAcquisition@aam.com. AAM is an equal opportunity/affirmative action employer.
