Senior Compensation Modeling Analyst (Boise, ID)

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Senior Compensation Modeling Analyst (Boise, ID)

The J.R. Simplot Company is a diverse, privately held global food and agriculture company headquartered in Boise, Idaho. We are a true farm-to-table company with an integrated portfolio including food processing and food brands, phosphate mining, fertilizer manufacturing, farming, ranching and cattle production, and other enterprises related to agriculture.

Summary

The Senior Compensation Modeling Analyst serves as the financial subject-matter expert for compensation planning, incentive modeling, and workforce cost analysis across AgriBusiness operations. This role partners closely with Finance, Human Resources, Total Rewards, Payroll, and business leadership to ensure approved compensation programs are financially viable, operationally executable, and aligned with performance outcomes.

This is not a traditional FP&A role. The position requires hands-on ownership of complex compensation and incentive models, including sales commissions and performance-based pay programs. The incumbent translates approved compensation plan designs into scalable, auditable financial models that support forecasting, accruals, governance, and payout execution.

The role does not own compensation plan design, but serves as the finance owner responsible for feasibility assessment, modeling, testing, and execution support.

Key Responsibilities

Compensation Planning & Incentive Modeling

• Lead financial modeling support forannual and off-cycle compensation planning cycles, including merit, bonus, sales commissions, and short- and long-term incentive programs.

• Build, maintain, and enhance logic-based compensation and incentive models, incorporating thresholds, accelerators, caps, tiers, eligibility rules, prorations, and payout curves.

• Translate approved compensation plan documentation into detailed, auditable financial models that support forecasting, accruals, and payout calculations.

• Evaluate the financial impact and feasibility of compensation plan changes, workforce scenarios, organizational shifts, and incentive structures.

• Partner with HR and Total Rewards to ensure approved compensation programs align with financial targets, performance intent, and market competitiveness.

Financial Modeling & Decision Support

• Develop advanced workforce and compensation cost models supporting multi-year forecasts, incentive payout scenarios, and accrual planning.

• Perform scenario and sensitivity analysis to assess performance variability, headcount changes, and plan parameter adjustments.

• Interpret complex analytical outputs and translate them into clear financial insights and recommendations for senior leadership.

Systems, Tools & Model Governance

• Build, enhance, and govern compensation and workforce planning models within enterprise planning and modeling platforms (e.g., Anaplan, TM1, SAP SAC, or comparable tools).

• Ensure model integrity through disciplined governance practices, including documentation, validation, testing, and version control.

• Improve model scalability and efficiency through automation, standardized calculations, and structured data architecture.

• Partner with Finance Systems, HRIS, and Payroll to ensure data consistency and accurate downstream execution.

Plan Management, Governance & Controls

• Manage compensation plan calendars, schedules, approvals, and participant acknowledgements.

• Support compensation plan governance through testing, reconciliation, validation, and control documentation.

• Partner with HR and Payroll to support accurate incentive payouts, accruals, and financial reporting.

• Provide financial modeling and governance support for commission-based sales incentive compensation plans, including payout calculations, forecasting, and financial impact assessment.

Business Partnership & Communication

• Serve as a trusted finance partner to AgriBusiness leaders, providing proactive insight into labor, compensation, and incentive cost drivers.

• Communicate complex financial and compensation concepts clearly to non-finance stakeholders.

• Support ad-hoc analysis, executive presentations, and planning initiatives as needed.

Typical Education

• Bachelor's degree in Finance, Accounting, Economics, Business Analytics, or a related field required.

• MBA or Master's degree in Finance, Analytics, or a related discipline preferred

Relevant Experience

• 8+ years of progressive experience in financial analysis or compensation finance, with direct ownership of compensation or incentive modeling.

• Demonstrated experience building and managing complex incentive, commission, or workforce cost models (not solely reviewing or summarizing outputs).

• Hands-on experience translating compensation plan mechanics into formula-driven, auditable financial models.

• Direct involvement in incentive payout calculations, forecasting, or accruals.

• Strong technical modeling experience in enterprise planning or modeling tools (e.g., Anaplan, TM1, SAP SAC).

• Experience supporting compensation programs in agribusiness, manufacturing, supply chain, or other operationally complex environments.

• Exposure to sales incentive compensation or other variable pay programs.

Other Information

• Advanced financial modeling and analytical skills with a strong understanding of compensation and workforce cost drivers.

• Hands-on experience with enterprise planning and modeling tools such as TM1, Anaplan, SAP SAC, or similar platforms.

• Strong technical competencies in model architecture, calculations, data structures, validation, troubleshooting, and documentation.

• Ability to manage multiple priorities and complex timelines with a high degree of accuracy.

• Strong business acumen with the ability to influence decisions through data-driven insights.

• Excellent communication skills and the ability to explain complex financial concepts to diverse audiences.

• Standard office environment.

• Occasional travel may be required to support business partners or planning activities

Job Requisition ID : 25664

Travel Required : Less than 10%

Location(s) : Simplot Headquarters - Boise

Country: United States

The J.R. Simplot Company is proud to be an Equal Opportunity Employer and will consider all qualified applicants for employment without regard to race, color, religion, national origin, ancestry, age, sex, gender, gender identity, gender expression, genetic information, physical or mental disability, medical condition, sexual orientation, military or veteran status, marital status, or any other protected status. #LI-JM1