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 for annual 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 w