The Compensation Analyst implements compensation programs to attract, reward, and retain top talent across Hilcorp. Manages calculation and payment processing of our bonus program. Also supports our Long-Term Incentive (Buy-In) team as needed with analytical and accounting related work.
Essential Job Responsibilities:
- Lead the delivery of compensation programs, policies, and projects across the organization in accordance with Hilcorp’s compensation philosophy.
- Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
- Prepare occupational classifications, job descriptions, and salary scales.
- Lead the annual compensation review process, including salary planning, incentive awards, configuration of HRIS (Workday), and communication of compensation outcomes.
- Evaluate jobs and recommend grades to ensure internal equity and external competitiveness.
- 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.
- Calculate bonus payments according to Hilcorp’s plan document and ensure appropriately uploaded to Workday for payment.
- Provide training to the organization on compensation related topics on an ad-hoc basis.
- Support Buy-In projects and initiatives with data analysis, insight generation, and recommendations that improve decisions.
- Identify trends, problem solve and implement resolutions using data extracted from financial accounting system (SAP), Buy-In system, and Workday.
- Complete special projects, as assigned.
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.
- Able to travel across L48 and Alaska on an as-needed basis.
- Other duties as assigned by management.
Qualifications:
- 7+ years of progressive experience in compensation, accounting or related field with an emphasis on executing multiple initiatives and process enhancements.
- Understanding of generally accepted accounting principles preferred.
- 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.
- Oil and Gas industry experience preferred.
- Workday experience preferred.
- High level of MS Office proficiency.
Education Requirements:
- 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
