Compensation & Payroll Analyst

Job Description

Job Description

About Hamilton Beach

Hamilton Beach Brands is a leading designer, marketer, and distributor of innovative household and commercial appliances trusted by consumers around the world. Founded in 1910 and headquartered in Glen Allen, Virginia, we develop and market a broad portfolio of products under well-known brands including Hamilton Beach®, Weston®, Lotus®, and Hamilton Beach Professional®.

For more than a century, our products have helped simplify everyday life – from preparing meals and beverages at home to supporting foodservice professionals in restaurants, hotels, and commercial kitchens.

Our culture is guided by a shared set of values that shape how we work and make decisions every day: Customer Obsession, People, Good Thinking, Ethics, Passion for Quality, Embrace Change, Teamwork, and commitment to Our Environment and Community.

At Hamilton Beach Brands, we look for people who are collaborative, curious, and motivated to make meaningful impact.

About the Role

We're looking for a Compensation & Payroll Analyst to join our team! This role plays a key role in ensuring the accuracy, integrity, and effective administration of the Company’s compensation and payroll programs. This position is responsible for managing salary and compensation transactions, incentive calculations, payroll-related compensation activities, reconciliations, and recurring reporting. Serving as a critical partner between Human Resources, Finance, and Payroll, the analyst helps ensure compensation actions are accurately calculated, processed, documented, and reported in a timely manner. The role also supports payroll administration, financial controls, and compliance efforts to maintain data accuracy, strengthen internal controls, and drive efficient compensation operations. This is an excellent opportunity for a detail-oriented professional who enjoys working with data, solving problems, and contributing to programs that support employees and business success.

This is a hybrid, position and is based in our Corporate Headquarters in Glen Allen, Va. This role will report to the Assistant Controller.

Salary Range: $60,130 - $73,015 Annually

What You’ll Do

• Administer compensation programs, including salary increases, promotions, transfers, market adjustments, and incentive payments.
• Process and audit payroll transactions, ensuring accurate employee data, deductions, tax elections, garnishments, and payroll adjustments.
• Calculate and support short-term, long-term, and sales incentive programs, including eligibility tracking and annual payouts.
• Prepare payroll reconciliations, compensation analyses, financial reports, accruals, and general ledger support.
• Support payroll audits, year-end reporting, compliance activities, system testing, internal controls, and continuous process improvements.

What We’re Looking For

• • Bachelor's degree in Finance, Accounting, Business, Human Resources, Mathematics, or a related field.
  • 2-4 years of experience in compensation, payroll, finance, accounting, or financial analysis.
  • Experience processing payroll and administering compensation and incentive programs.
  • Advanced Excel skills, including PivotTables, XLOOKUP/VLOOKUP, and data reconciliation.
  • Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
  • Experience with HRIS and payroll systems (ADP preferred), reporting tools (Power BI a plus), and financial audits.
  • Ability to manage multiple deadlines while handling confidential information in a fast-paced environment.
  • CPP, CCP, or related certification, and public company experience, preferred.

What We Offer

Hamilton Beach Brands offers a competitive compensation and benefits package designed to support your well-being and long-term success.  Our offerings include:

• Comprehensive medical, dental, and vision coverage
• Company HSA contributions
• 401(k) plan with immediate vesting
• Profit sharing program