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- Tasks: Lead global compensation programs and streamline processes for better efficiency.
- 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 making impactful decisions in compensation management.
- 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 in discussions and demonstrate your commitment to the role.
✨Tip Number 3
Brush up on your Excel skills, particularly with macros, vlookups, and pivot tables. Being able to showcase your proficiency in these areas during interviews can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with process improvement and change management. Be ready to share specific examples of how you've successfully streamlined compensation processes in previous roles.
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 7+ years of experience and any specific achievements related to salary and incentive planning.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the role's responsibilities. Discuss your experience with compensation programs and how you've successfully partnered with finance and HR teams in the past.
Showcase Your Analytical Skills: Since the role requires strong analytical skills, include examples of how you've used Excel for forecasting and budgeting. Mention any experience with macros, vlookups, and pivot tables to highlight your technical proficiency.
Highlight Communication Abilities: Given the importance of communication in this role, provide examples of how you've effectively communicated complex concepts to various stakeholders. This could include experiences where you simplified information for leadership or collaborated across departments.
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 you would approach the annual salary and incentive planning process, and demonstrate your knowledge of best practices in compensation strategies.
✨Showcase Analytical Skills
Since the role requires strong analytical capabilities, be ready to provide examples of how you've used data to drive decisions in previous roles. Highlight your experience with Excel, particularly with macros, vlookups, and pivot tables, as these skills will be crucial for managing compensation budgets.
✨Demonstrate Cross-Functional Collaboration
This position involves working closely with various teams such as Finance, HR, and Technology. Prepare to discuss specific instances where you've successfully collaborated across departments to achieve a common goal, and how you can act as an effective liaison between different stakeholders.
✨Prepare for Process Improvement Discussions
The role emphasises enhancing and streamlining compensation processes. Think about past experiences where you've identified inefficiencies and implemented changes. Be ready to share your ideas on how to document workflows and drive continuous improvement in compensation practices.
