Senior Director, Global Compensation

Posted Yesterday
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Miami, FL
Senior level
Energy
The Role
The Senior Director of Global Compensation will lead the design and optimization of compensation programs globally, manage annual compensation review cycles, ensure compliance with laws and regulations, and collaborate with various stakeholders to maintain competitive pay structures. This role also involves overseeing the administration of incentive compensation plans and mentoring a remote compensation team.
Summary Generated by Built In

At World Kinect, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.
 

 

Position Description:

As the Senior Director of Global Compensation, you will play a critical role in shaping and optimizing our compensation programs to attract, retain, and motivate top talent across our global organization. You will lead the development, implementation, and administration of broad-based compensation programs, policies and procedures; manage the administration of base salary, bonus, commission and other incentive compensation plans; oversee the design, implementation and roll-out of incentive compensation plans; lead annual compensation review cycles, promotions and market adjustments; advise and partner with HR business partners, talent management teams, and business leaders to strengthen the team’s business support structure; and collaborate with Finance and senior management on annual budgeting, planning and forecasting.

Key Responsibilities:

  • Manage core compensation functions globally, including annual compensation review cycle, compensation survey participation, job evaluation, and assessment of market competitiveness.

  • Develop and refine compensation frameworks, policies and guidelines that are aligned with organizational goals and business strategy and support a global workforce, while ensuring compliance with applicable laws and regulations, pay-for-performance, and competitive and equitable pay.

  • Lead the design, implementation, and ongoing management of incentive plans (including sales incentive plans) globally:  partner with HR, Finance, and business leaders to understand business needs, performance drivers and metrics; evaluate plan effectiveness; and adapt plans to changing business needs and industry best practices.

  • Advise and collaborate with HR, Legal, Finance, and business leaders on compensation-related matters, partnering with stakeholders to address and resolve issues and communicate effectively.

  • Collaborate with Finance to maintain forecasting models for budget and expense planning and monthly incentive compensation accruals.

  • Work closely with HRIS team to maintain and enhance compensation functionality in Workday to support business requirements.

  • Supervise and mentor a global compensation team of 4 fully remote professional staff, fostering a collaborative and results-oriented work environment.

Education and Experience Requirements:

  • Bachelor’s degree in business management, Finance, Human Resources, or related field. Advanced degree a plus.

  • 15+ years of relevant compensation experience

  • 8+ years of incentive/sales plan design, budgeting, modeling, and forecasting.

  • Minimum 5 years of supervisory experience.

  • Commercially focused, with strong analytical skills, problem-solving mindset, and ability to manage multiple priorities in a fast-paced, complex organization.

  • Excellent written and verbal communication skills; commercially minded, with demonstrated ability to partner with and influence stakeholders.

  • Advanced proficiency in Microsoft Excel.

  • Working knowledge of Workday preferred.

  • Compensation certifications (CCP, GRP and/or CEP) preferred.

  • #LI-CM1

World Kinect is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

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The Company
Melbourne, Victoria
5,028 Employees
On-site Workplace

What We Do

Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a leading global energy management company, offering a broad suite of solutions across the energy product spectrum. In addition to our core energy and fuel offerings to customers in the transportation sector, we provide advisory services, sustainability and renewable energy solutions, as well as supply fulfillment for natural gas and power. We continue to focus on advancing the energy transition to lower carbon alternatives through expanding our portfolio of energy solutions and providing customers with greater access to sustainably sourced energy. For more information, visit https://corp.worldkinect.com.

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