Senior FP&A Manager: Compensation & Workforce Planning

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

Equity ownership

Medical Insurance

Dental Insurance

Paid time off

401(k) matching

Tuition assistance

Volunteer program

Wellness program

Job summary

Western Alliance Bancorporation seeks a Senior FP&A Manager for Compensation and Workforce Planning to lead incentive compensation tracking, budgeting, and forecasting with cross-functional collaboration across Finance, HR, and Accounting.

You will oversee workforce planning, headcount modeling, and management reporting to senior leadership, ensuring accurate financial outcomes aligned with business performance. Banking experience is preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Analytics, or related field required; MBA, CPA, or CFA preferred.
• 7+ years of progressive FP&A, financial analysis, incentive compensation, sales finance, corporate finance, or management reporting.
• Demonstrated experience owning budgeting, forecasting, variance analysis, accruals, and management reporting processes.
• Strong financial modeling skills connecting drivers, plan assumptions, production trends, and expense outcomes.
• Experience supporting incentive compensation, sales performance reporting, workforce expense planning, or revenue-based compensation programs preferred.
• Strong analytical and data validation skills with emphasis on accuracy, consistency, controls, documentation, and governance.
• Ability to lead cross-functional processes and partner across Finance, HR, Compensation, Accounting, data governance, and business line leadership.
• Advanced proficiency in Excel and PowerPoint; experience with Oracle EPBCS, Adaptive Insights, Anaplan, Power BI, Workday, Varicent or similar platforms preferred.
• Excellent communication and presentation skills to explain complex financial concepts to finance and non-finance stakeholders.
• Experience in banking or financial services is preferred.

Responsibilities

• Lead recurring FP&A reporting for incentive compensation, including actual results, budget comparisons, forecast updates, accrual trends, variance explanations, and management commentary.
• Own the annual budget and monthly forecast processes for incentive compensation expense with documented assumptions.
• Oversee enterprise FTE tracking and forecasting, providing insights on hiring trends, turnover, and workforce capacity for budgeting and planning.
• Coordinate consolidated workforce planning across business lines and support functions, including headcount, salary and benefits assumptions.
• Serve as the primary Finance partner to business line leaders to understand sales performance, production trends, plan attainment, and drivers of incentive expense.
• Oversee models connecting incentive plan metrics, sales activity, eligible revenue or production, payout assumptions, accruals, and forecasted expense.
• Prepare and present management reporting and analysis explaining incentive compensation performance and workforce trends.
• Lead data validation for incentive-eligible financial metrics ensuring HR system data accuracy.
• Establish repeatable processes, controls, documentation, and governance for incentive planning, workforce planning, reporting, accruals, and forecast management.
• Partner with the Incentives team to improve reporting automation and transparency into outcomes.
• Provide financial leadership and decision support for incentive plan changes and strategic initiatives.

Skills

Cross-functional leadership

Financial modeling

Incentive compensation

Budgeting

Forecasting

Variance analysis

Management reporting

Data validation

Excel

PowerPoint

Power BI

Education

Bachelor's degree in Finance

MBA/CPA/CFA preferred

Tools

Oracle EPBCS

Adaptive Insights

Anaplan

Power BI

Workday

Varicent

Job description

Western Alliance Bancorporation seeks a Senior FP&A Manager for Compensation and Workforce Planning to lead incentive compensation tracking, budgeting, and forecasting with cross-functional collaboration across Finance, HR, and Accounting.

You will oversee workforce planning, headcount modeling, and management reporting to senior leadership, ensuring accurate financial outcomes aligned with business performance. Banking experience is preferred.