Compensation Analyst

Job Summary

FLSA Status: Salary

Reports To: Total Rewards Director

The Compensation Analyst – primary focus is to prepare, and audit financial reporting related to the Festival health, welfare, wellness, retirement benefit plans and compensation processes.

Job Description

KEY RESPONSIBILITIES

Compiles and organizes all information using system tools and resources to create needed reporting for the annual merit process and bonus calculations, including weekly tracking of associate changes. Ensures accuracy and meets all defined deadlines.

Creates and ensures data accuracy of participant census reports for health and welfare, 401(k) and ESOP plans.

Become an expert of the UKG system reporting functions to provide data and create needed reports for the total rewards team to address problems, solve questions and analyze efficiency.

Contribute to benchmarking activities such as compensation and benefits survey preparation.

Supports Total Rewards Manager to create accurate and timely ACA, 5500, HSA and non-discrimination reporting.

Works with UKG and benefit vendor file experts to build interface reports and ensures accuracy

Audit of ESOP benefit records to ensure accuracy and consistency of data

Verification of ESOP statements and ESOP distribution payments for all terminated/retired participants

Creation of ESOP annual census

Completes audits of annual enrollment reports and ensures files sent to vendors accurately reflect all changes made.

Creates reports to accurately forecast and budget compensation and benefit costs of different scenarios and to capture key total rewards metrics and trends such as Total Compensation Statements.

Performs regular audits of Total Rewards HRIS data to ensure accuracy in reporting and pay to associates.

Analyzes vendor reporting to track associate completion of wellness activities and ensures medical premium credits are assigned accurately.

Increases Total Rewards team’s productivity by developing, automating, and organizing reporting.

Develop routine and ad-hoc analysis to support HR decisions.

Other duties as assigned

EDUCATION AND EXPERIENCE

Bachelor’s Degree in Business, with a major in Business, Finance, Accounting, Human Resources, or related field. 3-5 years of business experience with forecasting, planning and analysis.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Solid financial acumen, analytical, problem solving, data management, and business partnership skills

Ability to analyze and interpret financial data, and then summarize and communicate the key messages simply and succinctly to team members at all levels of the organization

Collaborative team player with process improvement mind set

Excellent computer proficiency and technical aptitude, including HRIS software and Excel. Experience with UKG HR information system preferred

Highly organized- excellent attention to detail and accuracy related to data, problem solving and decision making

Excellent time management skills and ability to plan and set multiple overlapping priorities

Strong interpersonal skills

Continuous improvement and change management skills

RELATIONSHIPS AND CONTACTS

Organization Relationships: Frequent contact with Human Resources, Finance and Accounting associates to gain information, work on joint projects and utilize expertise

External Business Relationships: Frequent contact with Benefit vendors as needed.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

Sitting or standing at a computer 90% of the time

Bending, stretching, and occasional lifting of up to 5 lbs. is required

Professional presence and communications are required

WORK SCHEDULE

The Compensaiton Analyst is a full-time, salaried position.

Festival Foods serves guests in 40 full-service, state-of-the-art supermarkets throughout Wisconsin. At Festival Foods, were not simply selling groceries, were on a mission! Every business decision we make is based on our “Boomerang Principle”–empowering our associates to make decisions and take actions that will “Bring the Customer Back”. We are proud to be a family and employee-owned company.

At Festival Foods we are committed to providing an environment of mutual respect where equal employment opportunities are available to all. We are dedicated to building a top-notch team of skilled, experienced, and service-oriented associates who represent a variety of backgrounds, perspectives, and talents. Festival Foods believes that diversity and inclusion among our teammates, products, and our community strengthen our ability to serve our guests, as we seek to recruit, develop, and retain the most talented people.

#FFHIGH

Location : NameGreen Bay Support Office

Requisition ID 2023-37485

Requisition Post Information : Posted Date 4 hours ago (5/18/2023 5:10 PM)

Category (Portal Searching) Support Office