What are the responsibilities and job description for the Senior Compensation Analyst. position at Novogradac?
Position Summary :
The Senior Compensation Analyst will lead the design, development, and administration of firm’s compensation programs, including base salary, bonuses, and incentive structures. This role will be a strategic partner and collaborate with leadership to evaluate and enhance compensation practices, ensuring internal equity and external competitiveness, as well as analyze performance data to identify trends and recommend strategies for team optimization and performance management. The Senior Compensation Analyst will leverage strong analytical skills to conduct market analysis, oversee compliance, and drive data-informed decisions.
Essential Duties & Responsibilities :
- Lead the design and analysis of current and future compensation programs, including base salary and bonus structures.
- Conduct in-depth analyses to support the development, implementation, and administration of compensation programs, ensuring alignment with organizational goals.
- Analyze performance data for designated groups to identify trends and provide recommendations to support team optimization and performance management when necessary.
- Perform core compensation activities such as market analysis, salary range development, job descriptions, FLSA classifications, and responding to compensation related inquiries.
- Perform thorough job analyses, wage evaluations, and incentive structures and make recommendations to ensure internal equity and maintain external competitiveness.
- Collaborate with all levels of leadership to assess and refine compensation strategies, providing data-driven insights and recommendations through report creation and analysis.
- Oversee the audit, development, and implementation of any compensation policies and / or programs to ensure compliance with federal, state regulations, and internal guidelines.
- Responsible for the full execution of the annual salary increase and bonus cycles, partnering with multiple departments to gather and analyze data for decision-making.
- Utilize provided metrics for employee performance to determine scenarios that may impact compensation decisions.
- Create comprehensive documentation for internal compensation processes and provide recommendations for process improvement.
- Monitor market trends to evaluate the effectiveness and competitiveness of the firm’s compensation programs.
- Participate in a variety of Human Resources projects and initiatives, as identified by the Director of Human Resources, when needed.
Knowledge, Skills, Abilities :
Minimum Qualifications :
Bachelor’s degree in accounting, business, finance, human resources or a related field plus a minimum of 5 years of directly related compensation experience.
Why work with us?
Our firm is committed to providing our people with opportunities to excel professionally. We believe in the importance of a welcoming work culture and quality work-life integration to support our staff as we grow together.
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Get to know us better!
Hello! We’re Novogradac & Company LLP, a national certified public accounting and consulting firm headquartered in San Francisco. Founded in 1989, the allied group of Novogradac companies has grown to more than 800 employees and partners with more than 25 offices throughout the country.
Novogradac & Company LLP is one of the nation’s top 40 certified public accounting and consulting firms and is a recognized leader in real estate and community development. Novogradac provides publicly and privately held national enterprises with a full spectrum of audit, tax, valuation, expert witness and litigation support, property compliance and general consulting services and works extensively in the affordable housing, community development, historic preservation and renewable energy fields.
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Salary : $85,000 - $100,000
