Compensation Analyst

Lancesoft Philippines; Metro Manila; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

Lancesoft Philippines seeks a compensation specialist to support US-based clients with payroll, benefits, and incentive programs. You will act as SME for compensation and ensure accurate calculation, reporting, and timely payment of variable compensation.

The role requires advanced Excel skills, experience with HRIS and CompenSafe, and the ability to manage confidential information. Hybrid work setup in the Philippines with cross-functional collaboration is expected.

Qualifications

• Bachelor's degree in HR, accounting, business, or finance preferred.
• Experience supporting US-based compensation, payroll, benefits, or HR operations.
• Experience with HRIS or payroll systems for US clients.
• Advanced Microsoft Excel skills (formulas, lookups, PivotTables).
• Experience with CompenSafe (nCino Incentive Compensation) is a MUST.
• SME for compensation-related matters.
• Maintain confidentiality of sensitive information.

Responsibilities

• Manage calculation, reporting, and timely payment of variable compensation plans (sales commissions, incentives, and loan operations bonuses).
• Process sales commissions using the company's incentive compensation platform.
• Configure, administer, and maintain compensation and incentive plans in internal systems.
• Support compensation projects, implementations, and process improvements.
• Partner with cross-functional teams to improve compensation administration processes and systems.
• Develop, review, and maintain job descriptions for roles and compensation structures.
• Conduct market pricing and salary benchmarking using compensation surveys and external data.
• Research and recommend compensation levels, job grades, and titles for new and existing positions.
• Prepare recurring and ad hoc compensation and analysis reports for Finance, Accounting, and leadership.
• Provide guidance to managers on compensation policies, programs, and best practices.
• Coordinate documentation for compensation audits, compliance reviews, and reporting requirements.
• Maintain confidentiality of employee and compensation information.
• Ensure compliance with US federal, state, and local regulations.
• Perform other duties as assigned.

Skills

Advanced Excel

US Payroll

Compensation Management

HRIS

Data Analysis

Confidentiality

Financial Services

Sales Commissions

Job Evaluation

Salary Benchmarking

Education

Bachelor's degree in HR, Accounting, Business Administration, Finance

Tools

CompenSafe (nCino Incentive Compensation)

Job description

Work Setup: Work From Office Transition to WFH

• Bachelor's degree in Human Resources, Accounting, Business Administration, Finance, or a related field preferred.


• Proven experience supporting US-based compensation, payroll, benefits, or HR operations.


• Experience supporting HR system implementations, particularly compensation, payroll, benefits, or HR processes.


• Experience handling compensation, benefits, payroll, commissions, or incentive programs for US-based clients or organizations.


• Hands-on experience with HRIS, payroll, or compensation management systems supporting a US client.


• Advanced Microsoft Excel skills, including complex formulas, lookups, PivotTables, and data analysis.


• Strong analytical, problem-solving, organizational, and communication skills.


• Ability to handle sensitive and confidential information with discretion.


• Experience in the mortgage, banking, financial services, or BPO industry.


• Experience processing sales commissions, incentive programs, or variable compensation plans.


• Familiarity with job evaluation, salary benchmarking, and compensation survey methodologies.


• Strong knowledge of US compensation practices and payroll processes.


• Experience with CompenSafe (nCino Incentive Compensation) is a MUST.


• Serve as the Subject Matter Expert (SME) for compensation-related matters.


• Manage the accurate calculation, reporting, and timely payment of variable compensation plans, including sales commissions, incentives, and loan operations bonuses.


• Calculate and process sales commissions using the company's incentive compensation platform.


• Configure, administer, and maintain compensation and incentive plans within internal systems.


• Support compensation-related projects, implementations, and process improvements.


• Partner with cross-functional teams to improve compensation administration processes and systems.


• Develop, review, and maintain job descriptions to ensure alignment with roles, responsibilities, and compensation structures.


• Conduct market pricing and salary benchmarking using compensation surveys and external market data.


• Research and recommend appropriate compensation levels, job grades, and titles for new and existing positions.


• Prepare recurring and ad hoc compensation, commission, incentive, and analysis reports for Finance, Accounting, and leadership teams.


• Provide guidance to managers and business leaders on compensation policies, programs, and best practices.


• Coordinate documentation for compensation audits, compliance reviews, and reporting requirements.


• Maintain strict confidentiality of employee and compensation information.


• Ensure compliance with applicable US federal, state, and local employment and compensation regulations.


• Perform other duties and responsibilities as assigned.