Finance Director of Incentive Compensation - Remote/Preferred Location Charlotte, NC or Chicago, IL

Inspira Financial Trust, LLC; Oak Brook (IL); Remote; USD 120,000 - 160,000; Full time

Job summary

A leading company in the financial sector is seeking a Director of Finance to design and implement effective sales incentive plans. This analytical role involves collaboration with senior leaders and requires expertise in financial analysis and performance management. The successful candidate will ensure compensation strategies align with business goals and provide detailed reports to the executive team.

Qualifications

• Experience in designing and implementing sales incentives and compensation plans.
• Strong analytical skills to evaluate compensation initiatives.

Responsibilities

• Partner with HR and Finance to align incentive programs with strategy.
• Compile data to forecast trends and analyze compensation plan effectiveness.
• Resolve complex compensation disputes and issues.

Skills

Financial Analysis

Performance Management

Collaboration

Job description

The Director Finance, Incentive Compensation role is focused on designing and implementing sales incentives, commissions, and short-term incentive plans that align with the organization's business strategy. This position emphasizes financial analysis, performance management, and collaboration with senior leaders to ensure effective compensation strategies that meet both internal and external standards. The role is primarily analytical, aimed at evaluating compensation initiatives and providing support for executive decision-making.

• Partner with HR, Finance, and business leaders to ensure alignment of incentive programs with company strategy

• Ensure accuracy and consistency in compensation payouts aligned with plan designs, providing detailed reports and analysis to the executive team and proposing changes when necessary.
• Compile and analyze data over time to forecast trends and conduct in-depth modeling to evaluate and analyze the impact and effectiveness of compensation plans.

• Troubleshoot incentive calculation issues and resolve compensation disputes

• Perform annual sales incentive plan design, impact analysis of plan changes, and timely delivery of sales incentive plans to all participants.
• Resolve complex employee commission/compensation issues, advising managers on necessary adjustments and changes in compensation plans.
• Coordinate with Human Capital and Sales to create new compensation plans and advise on variable compensation plans.