Role OverviewThe
Assistant Vice President or Director, Compensation & Total Rewards is responsible for the design and administration of the Company's executive and broad-based compensation programs, as well as supports executive compensation disclosure and payroll and equity plan administration. Reporting to the Head of Human Resources, this role serves as the organization's subject matter expert on executive and broad-based compensation and incentive plan design.
Success ProfileThe ideal candidate is a strategic, detail-oriented compensation professional who is comfortable advising senior leadership on executive and broad-based compensation strategy. They bring exceptional judgment, analytical rigor, and the ability to navigate complex regulatory and governance requirements while partnering effectively across Human Resources, Finance, Legal, Tax, and Accounting.
Key ResponsibilitiesExecutive Compensation- Lead the administration of executive compensation program, including base salary, short-term incentive plan, long-term incentive plan, and special retention awards or other total rewards.
- Partner with Human Resources, Legal, Finance, Tax, Accounting, and external compensation consultant on executive compensation strategy and program design.
- Coordinate annual executive compensation planning, including market benchmarking, peer compensation review, compensation analyses, and Board materials.
- Working closely with the Legal team, support Compensation Committee meetings by preparing analyses, presentations, and supporting documentation.
- Support compliance with applicable advisory, regulatory and governance requirements related to executive compensation.
Broad-Based Compensation- Support the Company's compensation philosophy and market benchmarking processes.
- Manage annual compensation and promotion planning, including merit increases, salary structures, and incentive funding.
- Support compensation analyses for recruiting and hiring needs.
- Evaluate job architecture, internal equity, and external competitiveness.
- Provide compensation guidance to business leaders.
- Monitor compensation trends and recommend program enhancements.
Proxy Statement & Regulatory Support- Support preparation of the Compensation Discussion & Analysis (CD&A) and executive compensation tables for the annual proxy statement, working closely with Legal, HRIS and Accounting on applicable disclosures.
- Coordinate compensation data and analyses with Legal and Accounting and external advisors.
- Work with Legal to support SEC reporting requirements related to executive compensation and equity awards.
- Assist with annual compensation-related governance and shareholder engagement activities as needed.
Incentive Compensation Programs- Lead design of complex equity compensation programs, including:
- Restricted stock units
- Performance-based equity awards under long-term incentive plans (LTIPs)
- Retention awards
- Equity grants in lieu of annual cash-based awards
- Profits interests and other operating partnership-based equity arrangements
- Support administration of equity compensation programs, working with stock plan administration, Legal, Tax, Finance, and compensation consultant on program design and governance to ensure accurate administration and reporting
Compliance & Governance- Work with Legal to support compliance with applicable federal, state, tax, securities, and employment regulations affecting compensation and payroll.
- Develop and maintain compensation policies, procedures, and support internal controls.
- Support internal and external audits related to compensation and payroll.
- Ensure data integrity and confidentiality across compensation and payroll systems.
Payroll Administration- Partner with Payroll team to help review payroll and support payroll controls, audits, reconciliations, and year-end activities.
- Support payroll implications of compensation and equity transactions.
Position Requirements- Bachelor's degree in Human Resources, Finance, Accounting, Business Administration, or related field.
- 8-12+ years of progressive experience in compensation, total rewards, and executive compensation leadership.
- Significant experience in designing and administering sophisticated compensation programs.
- Experience managing complex equity plans, including long-term incentive plans, short-term incentive plans, and profits interests or similar partnership-based equity arrangements.
- Experience supporting preparation of executive compensation disclosures for public company proxy statements.
- Strong understanding of compensation governance, equity award considerations including tax implications, and payroll compliance.
- Advanced analytical and financial modeling skills and strong attention to detail.
- Excellent project management and communication skills.
- Ability to manage highly confidential information with discretion.
- Demonstrates strong executive presence and partners effectively with executive leadership, communicating complex issues clearly and succinctly and providing strategic recommendations that support business priorities.
- Experience partnering with Compensation Committees and external compensation consultants.
- Experience with HRIS/payroll systems and equity plan administration platforms such as ADP, Charles Schwab, Fidelity, Morgan Stanley Shareworks, E*TRADE, or similar.
- Salary of $175k to $210k plus generous cash incentives
