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- Tasks: Lead global compensation programs and enhance processes for 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 change in compensation practices.
- Qualifications: 7+ years in compensation; strong analytical skills and Excel proficiency required.
- Other info: Master's degree preferred; experience with Oracle HCM Suite is a plus.
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.
Vice President Compensation Lead for EMEA employer: Cantor Fitzgerald
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 proficiency with Excel and any HRIS systems you've used, particularly Oracle HCM Suite. Highlight specific projects where you utilised advanced Excel functions like macros and pivot tables to drive results.
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 your relevant experience in compensation and analytical fields. Emphasise your 7+ years of experience and any specific achievements related to salary and incentive planning.
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 with contract or commission-based compensation and how you've successfully managed compensation processes in the past.
Showcase Your Analytical Skills: Since the role requires strong analytical skills, provide examples of how you've used Excel for forecasting and budgeting. Mention your familiarity with macros, vlookups, and pivot tables to demonstrate your technical proficiency.
Highlight Communication Abilities: 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 the latest trends and practices in compensation management, especially within the EMEA region. Be prepared to discuss how you can enhance existing compensation programs and bring innovative ideas to the table.
✨Showcase Analytical Skills
Since the role requires strong analytical capabilities, be ready to demonstrate your proficiency with Excel, including macros, vlookups, and pivot tables. Prepare examples of how you've used data analysis to drive compensation decisions in previous roles.
✨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 leadership and employees alike. Consider preparing a brief presentation on a relevant topic.
✨Build Relationships Across Functions
This role involves collaboration with various teams, including HR, Finance, and Technology. Think of examples from your past experiences where you successfully partnered with different departments to achieve a common goal, and be ready to share these during the interview.
