Incentive Compensation Specialist

Posted 5 Days Ago
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Dallas, TX
Entry level
Financial Services
The Role
The Incentive Compensation Specialist supports the Senior Manager in all aspects of Incentive Compensation including bonus management, incentive compensation reporting, auditing, and reconciliation of earned compensation. This role involves collaboration with payroll and HR departments, preparation of financial reports, and maintenance of compensation data using firm software.
Summary Generated by Built In

Why Ryan?

  • Hybrid Work Options

  • Award-Winning Culture

  • Generous Personal Time Off (PTO) Benefits

  • 14-Weeks of 100% Paid Leave for New Parents (Adoption Included)

  • Monthly Gym Membership Reimbursement OR Gym Equipment Reimbursement

  • Benefits Eligibility Effective Day One

  • 401K with Employer Match

  • Tuition Reimbursement After One Year of Service

  • Fertility Assistance Program

  • Four-Week Company-Paid Sabbatical Eligibility After Five Years of Service

The Specialist, Incentive Compensation Specialist is responsible for assisting the Senior Manager, Finance – Compensation as needed in all areas of Incentive Compensation. Areas of responsibility include, but are not limited to, incentive compensation bonuses and incentive compensation reporting. The Specialist, Incentive Compensation works closely at a peer level with Accounting, Expenses, Payroll, Human Resources, and Service Delivery personnel.

This is a hybrid role requiring 2 days a week in our Dallas office. A more flexible arrangement may be available after becoming fully acclimated in the position.

Duties and responsibilities, as they align to Ryan’s Key Results

People:

  • Create a positive team member experience.
  • Assists employees, as needed, related to incentive compensation.

Clients:

  • Works with payroll to provide files which may include reviewing payroll totals and exception reports to ensure balancing and payments approved.
  • Prepares monthly bonus reports for Principal review.

Value:

  • Audits and reconciles incentive compensation earned, including early allocations and recoveries.
  • Preparation and balancing of the bonus schedule semi-monthly for management approval.
  • Preparation of monthly bridge schedule for international and U.S. employees.
  • Incentive compensation bonus adjustments.
  • Utilizes Firm software systems to track, audit, and maintain information related to incentive compensation, guaranteed payments or other items.
  • Creates compensation ad-hoc reports as needed.
  • Performs monthly cash reconciliation.
  • Performs other duties as assigned.

Education and Experience:

Degree in Accounting or similar field; or equivalent combination of education and experience, and one (1) year of work related experience.

Computer Skills:

To perform this job successfully, an individual must have intermediate skills in Microsoft® Word, Excel, Access, Outlook, and Internet navigation/research and WorkDay experience is beneficial

Certificates and Licenses:

Valid driver’s license required.

Supervisory Responsibilities:

This position has no supervisory responsibilities.

Work Environment:

  • Standard indoor working environment.
  • Occasional long periods of sitting while working at computer.
  • Must be able to lift, carry, push, or pull up to 30 lbs.
  • Position requires regular interaction with employees at all levels of the Firm and interfaces with external vendors as necessary.

Equal Opportunity Employer: disability/veteran

Top Skills

Microsoft Access
Excel
Microsoft Outlook
Microsoft Word
The Company
HQ: Indianapolis, IN
327 Employees
On-site Workplace
Year Founded: 1932

What We Do

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S. We’re privately capitalized and owned by our member banks, credit unions, community development financial institutions (CDFIs), and insurers across Indiana and Michigan. As a cooperative, we pass our borrowing benefits in the global debt markets on to our members in the form of lower borrowing costs, which are subsequently passed on to consumers, businesses and communities.

Our core mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial institutions, and insurance companies to support housing finance, asset-liability management, and community lending. We also help communities and families through grants and low-cost loans to our members that help support affordable housing and economic development initiatives.

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