Compensation & Payroll Analyst

Hamilton Beach Brands is a leading designer, marketer, and distributor of innovative household and commercial appliances trusted by consumers around the world. Founded in 1910 and headquartered in Glen Allen, Virginia, we develop and market a broad portfolio of products under well-known brands including Hamilton Beach®, Weston®, Lotus®, and Hamilton Beach Professional®. Our culture is guided by a shared set of values: Customer Obsession, People, Good Thinking, Ethics, Passion for Quality, Embrace Change, Teamwork, and commitment to Our Environment and Community.

About the Role

We're looking for a Compensation & Payroll Analyst to join our team! This role plays a key role in ensuring the accuracy, integrity, and effective administration of the Company’s compensation and payroll programs. This position is responsible for managing salary and compensation transactions, incentive calculations, payroll-related compensation activities, reconciliations, and recurring reporting. Serving as a critical partner between Human Resources, Finance, and Payroll, the analyst helps ensure compensation actions are accurately calculated, processed, documented, and reported in a timely manner. The role also supports payroll administration, financial controls, and compliance efforts to maintain data accuracy, strengthen internal controls, and drive efficient compensation operations.

This is a hybrid position based in our Corporate Headquarters in Glen Allen, Va. and reports to the Assistant Controller.

Responsibilities

• Administer compensation programs, including salary increases, promotions, transfers, market adjustments, and incentive payments.
• Process and audit payroll transactions, ensuring accurate employee data, deductions, tax elections, garnishments, and payroll adjustments.
• Calculate and support short-term, long-term, and sales incentive programs, including eligibility tracking and annual payouts.
• Prepare payroll reconciliations, compensation analyses, financial reports, accruals, and general ledger support.
• Support payroll audits, year-end reporting, compliance activities, system testing, internal controls, and continuous process improvements.

Requirements

• Bachelor's degree in Finance, Accounting, Business, Human Resources, Mathematics, or a related field.
• 2-4 years of experience in compensation, payroll, finance, accounting, or financial analysis.
• Experience processing payroll and administering compensation and incentive programs.
• Advanced Excel skills, including PivotTables, XLOOKUP/VLOOKUP, and data reconciliation.
• Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
• Experience with HRIS and payroll systems (ADP preferred), reporting tools (Power BI a plus), and financial audits.
• Ability to manage multiple deadlines while handling confidential information in a fast-paced environment.

CPP, CCP, or related certification, and public company experience, preferred.

Benefits

• Comprehensive medical, dental, and vision coverage
• Company HSA contributions
• 401(k) plan with immediate vesting
• Profit sharing program
• Paid vacation, holidays, and a paid charitable day
• Summer hours to support work-life balance
• Employee discounts on Hamilton Beach products

Pay

$60,130 - $73,015 Annually