What are the responsibilities and job description for the Manager, Incentive Compensation position at Mariner Wealth Advisors?
The Manager, Incentive Compensation, is responsible for supporting the firm's variable compensation plans, policies and processes. Candidates with deep attention to detail, ability to problem-solve and have an enjoyment of process-oriented tasks and projects that optimize operations will thrive in this role.
Responsibilities
- Responsible for the quarterly and ad hoc calculation and administration of incentive plans, payments, and reporting using advanced data transformation tools and techniques to Source large volumes of data from multiple CRM and billing platforms
- Validate data formatting and rule compliance
- Verify payee licensing and eligibility requirements
- Load and run calculations
- Work with the Payroll team to ensure accurate and timely payments
- Conduct validation and testing of incentive results to ensure accuracy and completeness
- Oversee and respond to incentive inquiries and requests from payees, managers and other business departments regarding compensation eligibility, calculations and trend analysis, ensuring timely resolution
- Distribute compensation reporting to payees, managers, and leadership
- Provide ad-hoc incentive reporting and assist with the analysis of incentive-related results and trends
- Collaborate with internal teams to ensure data quality, identifying process improvement opportunities
- Manage and update requests to assign and credit sales and service commissions to payees using Salesforce CRM software
- Thoroughly document plans and processes
Requirements
- Bachelor’s degree in business, math/accountancy, or data science fields of study, preferred
- 5 years of similar experience in compensation, accounting or data processing
Skills & Knowledge
- Administration of variable compensation plans in a service industry, preferred
- Understanding of revenue sources and financial reporting
- Client First mentality; service-oriented
- Deep analytical skills
- Attention to detail and conscientious about accuracy
- Strong communication and interpersonal skills with ability to engage in discussions with individuals regarding their compensation
- Experience with technical writing/process documentation
- Critical thinking and resourceful problem-solving abilities
- Advanced MS Excel capabilities
- Experience with compensation/commission systems/technology, such as Oracle or Xactly, preferred
- Experience with data ETL and visualization tools, such as Alteryx and Tableau, preferred
- Basic understanding of programming languages and desire to advance, such as SQL
- High aptitude to leverage technology solutions and application
We welcome your interest in being a part of our firm. We believe in giving associates progressive opportunities, actively nurturing professional growth and giving back to the community. We are dedicated to building a diverse culture where everyone has the support they need to achieve their career goals. We offer an innovative workplace and a culture that fosters camaraderie, teamwork and work-life balance.
EOE/M/F/D/V
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