Senior Compensation Analyst

Position overview: 

Alarm.com is looking for an experienced compensation expert to lead our compensation function including designing, developing, and executing compensation programs. This high impact position will be the owner of compensation programs that support the company's talent strategy and growth initiatives.  The ideal candidate should have a strong investigative and analytical mindset, understanding of compensation and market trends, and the ability to thrive in a dynamic, fast-paced environment delivering against tight deadlines. This position is located at our HQ in Tysons, VA.

Responsibilities

• Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives
• Develop creative compensation solutions that are designed around corporate objectives and informed by market trends
• Manage direct compensation programs (base, incentive, commissions, equity)
• Serve as the SME, trusted partner and adviser on all compensation related matters including equity, sales compensation, and commission
• Consult with HR Business Partners on a regular basis, providing expert compensation guidance and recommendations
• Lead our annual merit cycle planning and process including determining the company merit and incentive budget in partnership with Finance, as well as recommending appropriate comp planning tools
• Own the design, analysis, and implementation of equity compensation programs
• Oversee the participation in compensation surveys, monitor survey data and create benchmarking models to illustrate trends and ensure corporate compensation objectives are achieved
• Deliver expert compensation consulting, develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level decision-makers including the Compensation Committee/Board
• Conduct job evaluations using market data and internal evaluation and regularly analyze our market position on jobs
• Research and formulate recommendations on external and internal employment offers, job leveling, and internal equity adjustments
• Draft plans, educational materials, and communications designed to provide stakeholders with timely and accurate information regarding compensation initiatives
• Manage job descriptions, including auditing jobs for content and preparing job descriptions reflecting job responsibilities and requirements, as needed. Ensure all positions are classified appropriately according to FLSA
• Audit and analyze internal compensation practices in relation to relevant regulations. Develop recommendations for corrective actions as needed. Provide compliance consultation to HR and your business clients
• Drive consistency in compensation planning, program administration, performance cycles and comp program automation projects
• Work on a variety ad hoc special compensation projects as needed
• Provide analytical support and thought partnership for strategic compensation projects, key initiatives or processes and provide exceptional customer support to clients across the organization

Qualifications

• Experience in compensation in a high tech, or high growth environments
• At least 5 years of experience building models and conducting data analysis, data modeling.
• Extremely strong analytical and quantitative skills and a track record for planning, delivering, and auditing work
• Demonstrated ability to achieve program success and navigate globally distributed teams with influence rather than authority.
• Experience in change management and change leadership. Ability to navigate through ambiguity.
• Highly collaborative and consultative approach to business partnership
• Experience with complex and global organizations
• Background in sales operations, finance or HR and knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
• Advanced excel skills (VBA, macros, array functions).
• Strong interpersonal skills
• Excellent written and oral communication skills for internal presentations that demonstrate business acumen
• Ability to work independently in an ambiguous, fast-paced, and rapidly changing environment, with all levels of employees in the organization.

Preferred Qualifications

• Bachelor’s degree in Business administration, Economics, Finance, Data Science, Actuarial Science, Statistics, Human Resources, or other related field highly preferred
• Certified Compensation Professional (CCP)
• Global Compensation Experience
• Experience with Workday