Incentive Analyst

Incentive Analyst

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive. With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we're strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities. Together, there's no stopping you!

Job Description

The Incentive Analyst is responsible for the administration of various incentive plans. Provides reporting to associates, management, finance, human resources and the Total Rewards team. Plays a key role in the assessment and validation of incentive system defects and enhancements in alignment with plan administration requirements. Essential duties and responsibilities include:

• Implement and administer incentive plans including performing quarterly and monthly incentive calculations utilizing various data resources.
• Collect data from a variety of sources, analyze data, and determine usage for purposes of incentive calculation.
• Resolve issues, research payment discrepancies, and communicate resolution to associates and management.
• Assist in the implementation and administration of incentive plan policies and programs comprehending and applying broad company policies and practices to individualized Incentive issues.
• Involved in incentive system implementation and maintenance, including any future system changes and enhancements, assessing and validating systems defects, modeling, and testing of incentive plan results within the system.
• Provide subject matter expertise on incentive compensation plan administration.
• Assemble and distribute recurring reporting for Finance and Total Rewards for accrual management and expense forecasting exercises.
• Provide feedback to Total Rewards and HR leadership regarding effectiveness of incentive plan design.
• Develop guidelines and procedures ensuring consistency in administering the incentive plans.
• Perform a monthly salary reconciliation analysis in compliance with SOX controls.
• Provide a weekly analysis of the long-term incentive plan performance grants and distribute to executive leadership.
• Provide process support to the long-term incentive plan by managing annual, monthly, and mid-year stock grants and cancellation of grants due to terminations.
• Conduct ad-hoc analysis and modeling when appropriate.
• Assists with review and implementation of HRIS compensation-related items.
• Performs other duties as assigned.

Qualifications

Strong verbal and written communication skills. Strong quantitative and analytical skills. Strong attention to detail. Ability to gather, organize, and analyze large amounts of information with attention to detail. Ability to summarize and visualize data for management level reports. Ability to prioritize and organize effectively. Ability to work independently and in a team environment. Ability to handle confidential information and maintain confidentiality in all aspects of job.

Education and/or Experience

High School Diploma or equivalent. Bachelor's Degree required. At least 2 years' experience in incentive calculations and/or in a Compensation role. Data analysis experience. Computer and Software Skills: Microsoft office suite. Advanced Excel skills. Google Suite Experience (Docs, Sheets). Salesforce experience preferred.

Equal Opportunity Statement

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources. Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.