What are the responsibilities and job description for the Manager, Incentive Compensation position at Mariner?
Job Description
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
EOE/M/F/D/V
About Us
Mariner is a privately held, national financial services firm equipped with the experience to meet your modern wealth needs. Our advisors have access to in-house expertise covering everything from tax, estate, trust, and insurance to investment banking and valuation, so they can maximize time spent creating unified wealth plans with clients. By opening more windows of wealth, we create opportunities to positively impact the lives of many. With this purpose, we intend to raise the bar for the entire industry. Founded in 2006 with $300 million in assets under advisement, Mariner and its affiliates now advise on over $253 billion in assets as of 9/30/24. Learn more at www.mariner.com .
About The Team
Our culture of belonging is our most valuable asset and what makes growth and innovation possible. Your unique abilities are a vital part of what makes us Mariner and we are committed to accelerating your access to excellence.
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
- 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
- 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
EOE/M/F/D/V
About Us
Mariner is a privately held, national financial services firm equipped with the experience to meet your modern wealth needs. Our advisors have access to in-house expertise covering everything from tax, estate, trust, and insurance to investment banking and valuation, so they can maximize time spent creating unified wealth plans with clients. By opening more windows of wealth, we create opportunities to positively impact the lives of many. With this purpose, we intend to raise the bar for the entire industry. Founded in 2006 with $300 million in assets under advisement, Mariner and its affiliates now advise on over $253 billion in assets as of 9/30/24. Learn more at www.mariner.com .
About The Team
Our culture of belonging is our most valuable asset and what makes growth and innovation possible. Your unique abilities are a vital part of what makes us Mariner and we are committed to accelerating your access to excellence.
