Senior Varicent SPM Architect – Global Compensation

CVS Health Corporation; Hartford (CT); On-site; USD 107,000 - 284,000; Full time

Benefits offered by this job

Medical insurance

Dental coverage

Vision coverage

Paid time off

Retirement savings options

Wellness programs

Job summary

CVS Health is seeking a seasoned Varicent Functional/Technical Lead to support the Compensation team across Total Rewards and HR business partners. You will manage design, configuration, and delivery of Varicent solutions to enable scalable sales incentives.

You will translate business needs into technical specifications, build reports and dashboards, and mentor teammates while collaborating with HR Shared Services across business segments.

Qualifications

• 8+ years' experience in a Varicent Functional or Technical Lead role.
• 8+ years' experience configuring and debugging Business Processes and building solutions in Varicent SPM platforms.
• 8+ years' experience working with business to gather requirements, perform fit gap analysis, design solutions, create functional designs, configuring SaaS applications, performing user acceptance testing, and maintaining the health of the product.
• 5+ years Varicent SPM platform experience, including calculations, workflows and configuration.
• 5+ years of experience configuring and building integrations between Varicent and enterprise systems.

Responsibilities

• Collaborate with business and technical partners to support the Compensation functional area for Sales Incentives, including the established list of global priorities and roadmaps.
• Work closely with business leaders and stakeholders to develop vision, goals and roadmap for the Product.
• Understand the needs of the business and evaluate Varicent capabilities through research and testing.
• Gather requirements, business process optimization, fit-gap analysis, functional design, configuration and testing. Create necessary documentation in each stage.
• Lead the translation of business requirements to technical solutions and create appropriate timelines.
• Lead the design, development, and maintenance of the Varicent SPM platform, ensuring scalability, reliability, and alignment with business objectives.
• Configure, customize, and develop Varicent enhancements, including calculations, workflows, incentives, rules, and compensation plan components, and creates the necessary documentation at each stage.
• Design, build, and maintain complex Varicent reports, dashboards, analytics, and audit capabilities to support operational and business reporting requirements.
• Responsible for fit-gap analysis, functional design, application configuration, user acceptance testing and maintenance of the software solution.
• Perform and support user acceptance testing and creates necessary documentation including test plans, test scenarios, test cases and test results.
• Ensure up to date documentation, necessary approvals and artifacts are documented and maintained in tracking tools.
• Maintain clear and up to date list of key deliverables and timelines, developing plans to achieve those targets and proactively communicating progress to a variety of stakeholders.
• Responsible for timely delivery of Varicent enhancements, project requests and defects, with optimal and scalable solutions.
• Ensure that the delivered product meets or exceeds the business' needs and business objectives.
• Collaborate with key cross-functional partners to maintain transparency, consistency in delivery, and set expectations.
• Integrate relevant data and information and apply the findings to positively impact strategy and share key insights and actions based on data and metrics.
• Challenge partners to think differently regarding business processes and operational issues; act as a thought partner and model creative problem solving to impact business decisions.
• Evaluate emerging technologies and recommend enhancements to improve platform performance, maintainability, automation, and user experience.
• Maintain awareness of new and planned Varicent functionality, actively engaging with the vendor to prepare and communicate changes that could impact business.
• Actively participate in vendor releases, engaging with release team on cross-functional initiatives and liaising with Business Leads on critical impacts and upcoming enhancement opportunities. Support regression testing and guide regression testing teams.
• Provide strategic direction and guidance to product team and shared services teams, with accountability for mentoring and developing team members.

Skills

Varicent experience

Requirements gathering

Technical leadership

Reporting & analytics

Education

Bachelor's Degree

Tools

Varicent SPM

Job description

CVS Health is seeking a seasoned Varicent Functional/Technical Lead to support the Compensation team across Total Rewards and HR business partners. You will manage design, configuration, and delivery of Varicent solutions to enable scalable sales incentives.

You will translate business needs into technical specifications, build reports and dashboards, and mentor teammates while collaborating with HR Shared Services across business segments.