Sr. Manager, Compensation & Payroll

Full-time - Manager

Irvine, CA

Transportation Equipment Manufacturing

About the position

The Sr. Manager, Compensation and Payroll plays a pivotal role in shaping the employee experience by designing and managing a comprehensive total reward strategy. This position oversees compensation, benefits, and payroll functions to ensure alignment with the company's strategic objectives and employee satisfaction.

Responsibilities

• Develop and implement a total reward strategy that supports the company's business objectives and aligns with the company's culture and values
• Oversee the design, implementation, and management of compensation programs, including base pay, bonuses, incentives and equity plans
• Supervise payroll processes to ensure accurate and timely compensation for all employees, including managing payroll systems and ensuring compliance with tax regulations
• Manage employee benefits programs including health, dental, retirement, and wellness initiatives to enhance employee well-being and satisfaction
• Conduct regular market analysis and benchmarking to ensure our compensation and benefits remain competitive in attracting and retaining top talent
• Develop and maintain compensation and benefits policies that comply with regulatory requirements and promote fairness
• Support the performance review process by assisting in the development of performance related compensation recommendations
• Conduct regular benchmarking and analysis of compensation and benefits programs to identify trends, insights, areas for improvement, and ensure competitiveness in the market
• Ensure that all total rewards programs comply with legal and regulatory requirements, including FLSA, ACA, ERISA, HIPPA, and SEC regulations and tax laws
• Manage relationships with third party vendors, including benefits brokers and consulting firms
• Ability to travel up to 10% domestically and internationally
• Other duties as assigned

Requirements

• A bachelor's degree in human resources or a directly related field is required
• A minimum of ten (10) years of directly related experience in total rewards, compensation, and benefits
• A minimum of ten (10) years of experience managing and developing compensation and benefits professionals
• Experience in incentive compensation design and documentation
• Demonstrated experience in job evaluation, job architecture, market pricing, benchmarking, salary structure design and development, pay-for-performance, and incentive compensation
• Thorough knowledge of COBRA, HIPAA, ACA, ERISA, and FMLA requirements
• Advanced skills with Excel (including VLOOKUP and pivot tables) and the MS Office Suite
• Excellent verbal and written communication skills
• Ability to adapt to changing priorities and appropriately delegate work to others to meet deadlines, goals, and objectives
• Ability to analyze and interpret information from various sources, apply critical and creative thinking to draw conclusions, and develop solutions to complex problems
• Knowledge of standard accounting and/or budgeting principles, with the ability to monitor and manage budgets within established limits
• Proactive delivery of communication and follow-up
• Excellent organizational skills and attention to detail
• Must have the ability to independently prioritize and accomplish work within time constraints
• Self-motivated and forward-thinking personality

Nice-to-haves

• Certified Compensation Professional (CCP) preferred

Benefits

• Base pay offered may vary depending on skills, experience, job-related knowledge and location
• This position is also eligible for a bonus as part of total compensation
• Comprehensive benefits package