Incentive Compensation Analyst | Hybrid, Kansas City at Optiv

Overland Park, Kansas, United States

Optiv Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Technology, CybersecurityIndustries

Requirements

  • Bachelor’s Degree in Finance, Accounting, or Business Administration preferred
  • Two to three years of work experience in incentive compensation or related field preferred
  • Understanding of accounting principles
  • Preferred experience with Anaplan and/or Sales Force Spiff or other enterprise incentive compensation tool
  • Experience working with large amounts of data
  • Strong communication skills, experience working in a cross-functional environment required
  • Strong technical skills including advanced Excel with knowledge of pivot tables and complex formulas, proficiency with VBA (preferred), Word, Outlook, Anaplan, Sales Force Spiff, Salesforce

Responsibilities

  • Analyzes incentive compensation reporting from various sources, validates data and researches all exceptions
  • Utilize all reporting systems to compile data for payment calculation or analysis
  • Perform audits of all data sources to confirm accuracy and functionality of system/process and manage issue resolution with appropriate teams as necessary and ensure all internal audit controls are effective
  • Collaborate and assist with system integration and improvement projects
  • Provide timely responses and issue resolution, escalating as appropriate, to all inquiries from all levels of the organization
  • Resolve reconciliation issues related to commission data and/or incentive payments
  • Serve as Subject Matter Expert (SME) in troubleshooting and problem solving with internal departments on data and process issues
  • Execute and create incentive compensation training curriculum, content, and materials
  • Ownership of the day-to-day administration and issue resolution for incentive compensation processes
  • Calculate incentive award payments to incentivized personnel based on pay plan provisions
  • Perform activities needed for the design, development, implementation, communication and administration of incentive programs, plans, policies, and quotas
  • Ensure accuracy and timeliness of incentive payments as outlined in the plan
  • Review incentive payment reports for accuracy and completeness
  • Calculation, reconciliation, and payment of bonuses on a quarterly, semi-annual, and annual basis which includes soliciting achievement against targets from business leaders and collecting appropriate approvals, as well as the reporting of bonus amounts for payroll processing and the calculating and posting of bonus accruals
  • Maintenance, review, and distribution of incentive compensation plan documents on an ongoing basis, as well as communication and launch of plan components and documents for annual compensation plan updates
  • Documentation of all processes and policies
  • Track approvals for all non-standard adjustment requests, as required
  • Administration of Anaplan and/or Sales Force Spiff or other data-collecting, calculation, and reporting tools
  • Design and implementation of reporting packages for various groups in the organization depending on business need
  • Analyze sales performance results, prepare standardized calculation statements, presentations and recommendations for business leaders, Finance and/or HR
  • Development or improvement of systems to effectively track or capture data
  • Reduce redundant and/or manual processes wherever possible by enhancing/expanding the current system usage
  • Proactively solicit and consolidate feedback from the organization
  • Develop and execute incentive-compensation-related training and communication for the organization

Skills

Key technologies and capabilities for this role

Data AnalysisData ValidationData ReconciliationReporting SystemsAuditingIssue ResolutionSystem IntegrationProcess ImprovementCommission CalculationBonus CalculationPay Plan AdministrationExcelSQL

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This is a hybrid role based in Kansas City.

What is the salary range for the Incentive Compensation Analyst role?

This information is not specified in the job description.

What key skills are required for this position?

Key skills include data analysis and validation, proficiency with reporting systems like Anaplan and Salesforce Spiff, auditing and issue resolution, and process improvement.

What does the team structure look like for this role?

The role involves working closely with cross-functional teams, business leaders, Finance, and HR.

What makes a strong candidate for the Incentive Compensation Analyst position?

Strong candidates have experience in data management, commission calculations, troubleshooting, pay plan administration, reporting, and continuous process improvement, with the ability to collaborate across teams.

Optiv

Cybersecurity advisory and solutions provider

About Optiv

Optiv helps businesses manage and reduce cyber risks by providing advisory services and solutions tailored to their specific needs. Their services cover the entire cybersecurity lifecycle, including strategy development, technology validation, and implementation of security measures. They serve nearly 6,000 clients across various industries, such as retail, manufacturing, and healthcare, ensuring that sensitive information is protected and digital systems remain secure. Unlike many competitors, Optiv focuses on customized solutions and ongoing support, adapting to the evolving cybersecurity landscape. Their goal is to empower organizations to secure their operations effectively and prepare for future challenges in technology, such as AI and IoT.

Denver, ColoradoHeadquarters
2015Year Founded
$12MTotal Funding
ACQUISITIONCompany Stage
Cybersecurity, AI & Machine LearningIndustries
1,001-5,000Employees

Risks

Rising competition from AI-driven cybersecurity firms like Secuvy.
Complexity in managing numerous cybersecurity tools may hinder effectiveness.
Meeting Zero Trust compliance deadlines requires significant investments.

Differentiation

Optiv offers comprehensive cybersecurity solutions tailored to diverse industry needs.
The company excels in Zero Trust architecture implementation for federal agencies.
Optiv's Future Point initiative explores AI, quantum computing, and IoT impacts.

Upsides

Optiv's AI Security Services enhance innovation and efficiency for clients.
Recognition as a leader in IDC MarketScape boosts Optiv's consulting credibility.
Increased cybersecurity budgets reflect growing demand for Optiv's services.

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