Senior Compensation Modeling Analyst (Boise, ID)
Simplot Company · Boise, ID · 3 wk ago
FinanceFull-time
Key Responsibilities
- Lead financial modeling support for annual and off-cycle compensation planning cycles, including merit, bonus, sales commissions, and short- and long-term incentive programs.
- Build, maintain, and enhance logic-based compensation and incentive models, incorporating thresholds, accelerators, caps, tiers, eligibility rules, prorations, and payout curves.
- Translate approved compensation plan documentation into detailed, auditable financial models that support forecasting, accruals, and payout calculations.
- Evaluate the financial impact and feasibility of compensation plan changes, workforce scenarios, organizational shifts, and incentive structures.
- Partner with HR and Total Rewards to ensure approved compensation programs align with financial targets, performance intent, and market competitiveness.
Financial Modeling & Decision Support
- Develop advanced workforce and compensation cost models supporting multi-year forecasts, incentive payout scenarios, and accrual planning.
- Perform scenario and sensitivity analysis to assess performance variability, headcount changes, and plan parameter adjustments.
- Interpret complex analytical outputs and translate them into clear financial insights and recommendations for senior leadership.
Systems, Tools & Model Governance
- Build, enhance, and govern compensation and workforce planning models within enterprise planning and modeling platforms (e.g., Anaplan, TM1, SAP SAC, or comparable tools).
- Ensure model integrity through disciplined governance practices, including documentation, validation, testing, and version control.
- Improve model scalability and efficiency through automation, standardized calculations, and structured data architecture.
- Partner with Finance Systems, HRIS, and Payroll to ensure data consistency and accurate downstream execution.
Plan Management, Governance & Controls
- Manage compensation plan calendars, schedules, approvals, and participant acknowledgements.
- Support compensation plan governance through testing, reconciliation, validation, and control documentation.
- Partner with HR and Payroll to support accurate incentive payouts, accruals, and financial reporting.
- Provide financial modeling and governance support for commission-based sales incentive compensation plans, including payout calculations, forecasting, and financial impact assessment.
Business Partnership & Communication
- Serve as a trusted finance partner to AgriBusiness leaders, providing proactive insight into labor, compensation, and incentive cost drivers.
- Communicate complex financial and compensation concepts clearly to non-finance stakeholders.
- Support ad-hoc analysis, executive presentations, and planning initiatives as needed.