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- Tasks: Lead global compensation programs and manage annual salary and incentive planning.
- Company: Join a dynamic firm focused on innovative compensation strategies across EMEA.
- Benefits: Enjoy competitive pay, flexible work options, and opportunities for professional growth.
- Why this job: Be part of a collaborative team driving impactful compensation processes and enhancing employee satisfaction.
- Qualifications: 7+ years in compensation, analytical degree required; advanced skills in Excel preferred.
- Other info: Ideal for those who thrive in fast-paced environments and seek to challenge the status quo.
The predicted salary is between 43200 - 72000 £ per year.
Responsible for supporting the firm’s global compensation programs, including leading the annual salary and incentive planning process, managing, and forecasting compensation budgets/expense, and enhancing/streamlining compensation related processes and philosophies. This role will be responsible for interpreting broker agreements and working closely with Payroll to ensure timely and accurate payment of commissions, draws and other compensation payments.
Essential Job Duties:
- Partner with Finance teams on compensation expense planning/forecasting, coordinating of monthly and annual bonus accruals, and preparation of year-end bonus and salary increase budgets (including accompanying analytics and historical comparisons).
- Partner with Compensation team, HR Business Partners, and Finance to lead the annual compensation planning process (i.e., merit, short and long-term incentive planning, performance management process, senior management review, total reward statement generation and distribution, firmwide communication rollout, etc).
- Document existing processes and workflows, identify continuous improvement opportunities, drive process change and create efficiencies across the function.
- Consult with the Head of Compensation, and leadership across HR, Finance and Legal on the development of compensation playbooks (i.e., philosophies, strategies, policies, etc).
- Partner with the HRIS and Technology teams to ensure the HR, compensation and reporting systems meet the needs of the compensation team and other key stakeholders.
Skills, Education and Experience:
- 7+ years of relevant work experience in compensation or related field. Experience with contract or commission-based compensation preferred.
- Bachelor's Degree in an analytical field such as Finance, Accounting, Mathematics, Business, or related field. Master's degree is highly desirable.
- Ability to work well both independently and in a global team environment.
- Strong communication skills (both written and verbal), with ability to take complex concepts and distill them into digestible information for leadership and employees across the firm.
- Ability to develop relationships with professionals across several HR, Finance, Technology and business groups, and act as an effective liaison to meet client needs.
- Ability to work with Excel on a day-to-day basis, strong preference for individuals to be comfortable doing macros, vlookups, and pivot tables.
- Working knowledge of HR Information Systems. Prior experience with Oracle HCM Suite, and specifically Oracle Payroll and Compensation, a plus.
- Detail and results oriented, with ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients.
- Demonstrated success in managing current processes, challenging the status quo, and championing new initiatives.
Contact Detail:
Cantor Fitzgerald Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President Compensation Lead for EMEA
✨Tip Number 1
Network with professionals in the compensation field, especially those who have experience in EMEA. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in compensation management.
✨Tip Number 2
Familiarise yourself with the specific compensation practices and regulations in the EMEA region. Understanding local laws and cultural nuances can give you an edge when discussing strategies and processes during interviews.
✨Tip Number 3
Prepare to discuss your experience with data analysis and forecasting in detail. Be ready to share examples of how you've successfully managed compensation budgets and improved processes in previous roles.
✨Tip Number 4
Showcase your ability to collaborate across departments by preparing examples of past projects where you worked closely with HR, Finance, and Technology teams. Highlighting your teamwork skills will demonstrate your fit for this leadership role.
We think you need these skills to ace Vice President Compensation Lead for EMEA
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and analytical fields. Emphasise your skills in managing compensation budgets, forecasting, and any experience with HRIS systems, particularly Oracle HCM Suite.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the Vice President Compensation Lead role. Discuss your experience in leading compensation planning processes and your ability to work collaboratively with Finance and HR teams.
Showcase Your Analytical Skills: Since the role requires strong analytical abilities, provide examples of how you've used data to drive decisions in previous roles. Mention specific tools or methods you’ve used, such as Excel macros or pivot tables.
Highlight Communication Skills: Given the importance of communication in this role, include examples of how you've effectively communicated complex concepts to various stakeholders. This could be through presentations, reports, or team collaborations.
How to prepare for a job interview at Cantor Fitzgerald
✨Understand the Compensation Landscape
Familiarise yourself with current trends in compensation management, especially within the EMEA region. Be prepared to discuss how these trends could impact the company's compensation strategies and how you can contribute to enhancing them.
✨Showcase Analytical Skills
Since the role requires strong analytical capabilities, be ready to demonstrate your proficiency with Excel, particularly with macros, vlookups, and pivot tables. Consider preparing a brief example of how you've used these skills in past roles to solve complex problems.
✨Communicate Clearly and Effectively
Strong communication skills are essential for this position. Practice explaining complex compensation concepts in simple terms, as you may need to present these ideas to various stakeholders, including leadership and employees.
✨Highlight Process Improvement Experience
The role involves driving process change and creating efficiencies. Prepare examples from your previous experience where you identified inefficiencies and successfully implemented improvements, showcasing your ability to challenge the status quo.
