Job Description Summary
Job Objective: The Compensation Manager plays a critical role in designing, managing, and implementing compensation programs to attract, reward, and retain top talent across Hilcorp. Manages payment processing of compensation programs through the oversight of the payroll function.
Essential Job Responsibilities:
- Lead the design and delivery of compensation programs, policies, and projects across the organization in accordance with Hilcorp’s compensation philosophy.
- Manage the annual compensation review process, including salary planning, incentive awards, configuration of HRIS (Workday), and communication of compensation outcomes.
- Provide subject matter expertise, insight, and understanding to the business on all compensation matters.
- Prepare compensation recommendations for new hires and current employees, providing insight based on knowledge of relevant labor markets and internal relativity.
- Research compensation trends and conduct market analysis to ensure programs are aligned with the competitive market.
- Review compensation policies to ensure continued alignment with legislation and best practice.
- Use compensation data to provide thoughtful analysis and insight to drive recommendations, with the ability to present outcomes to business leaders in a concise manner.
- Implement and administer special compensation programs and incentive systems for all employees or for specific groups to support the organization's objectives.
- Oversee the process of timely and accurate weekly, biweekly, and monthly multi-state, non-union, and union payroll.
- Review accuracy of payroll and transmission files on weekly, biweekly, and monthly basis.
- Oversee payroll adjustments, including federal, state, W4, wage garnishments, transfers, and schedule changes.
Other Job Responsibilities:
- Adheres to the company’s values – Integrity, Ownership, Urgency, Alignment, and Innovation.
- Supports company vision and mission.
- Adheres to established work schedule, attendance standards and is punctual to work and meetings.
- Ability to remain professional, positive, determined, and focused when facing challenging situations.
- Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
- Contributes to team effort by accomplishing related results, as needed.
- Other duties as assigned by management.
Qualifications:
- 10+ years of progressive experience in compensation and payroll administration with an emphasis on managing and executing multiple initiatives and process enhancements.
- Demonstrated success in the design, implementation, and communication of compensation programs with the ability to advise and influence senior leaders.
- Ability to use data to build & present recommendations to senior leaders, ask thoughtful questions, and bring ideas to the table.
- Understanding of compensation trends, pay equity, compensation administration and financial modelling with the ability to present and train individuals on compensation topics.
- Exceptional analytical and critical thinking skills, ensuring diligence with the details.
- Ability to work in a demanding environment and manage multiple priorities effectively.
- Maintain technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
- Knowledge of IRS & FLSA regulations.
- In-depth knowledge of payroll processes, labor laws, taxation, and statutory compliance for US
- Oil and Gas industry experience preferred.
- Workday experience preferred.
- Familiar with payroll software Workday and ADP.
- High level of MS Office proficiency.
Education Requirements:
- Preferred: Bachelor’s Degree from an accredited four-year university or college with a degree in Human Resources, Business Administration, or related field.
Certifications, Licenses, Registrations:
- Certified Compensation Professional (CCP) preferred
