Varicent Analyst – Compensation Support

Intelliswift - An LTTS Company; Canada; On-site; CAD 64,175 - 83,050; Full time

Job summary

A technology consulting firm in Canada is seeking a Varicent Analyst to manage and support their incentive compensation processes. This full-time position involves configuring compensation plans, validating calculations, and providing support for Varicent users. Candidates should have 3-5 years of experience, strong analytical skills, and proficiency in Excel. This role offers a salary range of CA$64,175.00 to CA$83,050.00 and is ideal for those with a background in IT and finance.

Qualifications

• 3–5 years of experience in incentive compensation or related support roles.
• Hands-on experience with Varicent platform.
• Basic SQL knowledge preferred.

Responsibilities

• Configure and maintain compensation plans in Varicent.
• Validate incentive compensation calculations and resolve discrepancies.
• Provide functional support for Varicent users.
• Perform regular data audits and ensure accuracy.
• Generate and analyze reports for stakeholders.

Skills

Analytical skills

Problem-solving skills

Communication

Stakeholder management

Proficiency in Excel

Education

Bachelor’s degree in Business, Finance, IT, or related field

Tools

Varicent ICM platform

Salesforce

SAP/NetSuite

Workday

ServiceNow

Jira

Job description

We are seeking a Varicent Analyst – Compensation Support to manage and support our incentive compensation processes using the Varicent platform. This role combines analytical responsibilities with operational support, ensuring accurate payouts, maintaining data integrity, troubleshooting issues, and providing insights through reporting. You will collaborate with Sales Ops, Finance, HR, and IT teams to deliver a seamless compensation experience.

Key Responsibilities

• Configure and maintain compensation plans, rules, and workflows in Varicent.
• Validate incentive compensation calculations and resolve discrepancies.
• Provide functional support for Varicent users, addressing queries and issues promptly.
• Perform regular data audits and ensure accuracy of data feeds from CRM, ERP, and HR systems.
• Monitor scheduled jobs and workflows for successful execution.
• Generate and analyze reports and dashboards for stakeholders to track performance and payouts.
• Document processes, troubleshooting steps, and maintain system-related knowledge base.
• Collaborate with IT and Varicent administrators for system enhancements and upgrades.
• Support testing during new plan implementations or system changes.
• Identify process improvement opportunities to enhance efficiency and reduce errors.

Required Qualifications

• 3–5 years of experience in incentive compensation, Varicent administration, or related support roles.
• Hands‑on experience with Varicent ICM platform.
• Strong analytical and problem‑solving skills with attention to detail.
• Proficiency in Excel; basic SQL knowledge preferred.
• Familiarity with CRM (Salesforce), ERP (SAP/NetSuite), and HRIS (Workday) integrations.
• Excellent communication and stakeholder management skills.

Preferred Qualifications

• Experience with ticketing systems (ServiceNow, Jira).
• Knowledge of incentive compensation processes and best practices.
• Exposure to SaaS environments and system administration tasks.

Education

• Bachelor’s degree in Business, Finance, IT, or related field.

Seniority Level

• Mid‑Senior level

Employment Type

• Full‑time

Job Function

• Information Technology

Industries

• IT Services and IT Consulting and Software Development

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Canada CA$64,175.00-CA$83,050.00