Compensation Specialist

Job content

Job Title

Compensation Specialist

Who are we?

Founded in 1924, Irving Oil is a family-owned international refining and marketing company with a history of long-term partnerships and relationships. With operations throughout Eastern Canada, New England and Ireland we focus on delivering quality products and exceptional service to our customers and our communities. Every day, we strive to put our good energy in action to bring families together, support the environment and local wildlife, and to create learning opportunities that empower the next generation.

Here’s What You Can Expect From Us

When you’re a part of our team, you’ll see how we bring good energy to all that we do. At Irving Oil, we strive for a work environment where each of us feels we belong, can bring our whole selves to work, and where we treat our fellow employees with kindness and respect. Together, we will support our corporate strategy, high standards and the communities where we live and work. Our collaborative approach, safety-first culture and commitment to building resilient teams helps reinforce our internal brand position where People Matter. That’s why we’re dedicated to investing in our employees’ potential, so that they can reach their career goals.

Job Description

What you can expect in a typical day:

As a Compensation Specialist with Irving Oil, you will contribute to design, implementation and administration of Compensation related programs and processes across the organization. You will serve as a trusted advisor on compensation programs ensuring a consistent approach on compensation practices across the organization.

What You’ll Need To Succeed

• Conduct detailed financial analysis for the design, development, governance, and implementation of compensation programs. This may include, and is not limited to, annual salary budget modelling and costing, compensation structure management and benchmarking, and incentive program management
• Lead annual compensation processes including developing the approach and project plan, system testing, executing the plan while engaging and collaborating with appropriate stakeholders, managing communication requirements and conducting post-process trouble-shooting and lessons learned.
• Lead HRIS (Workday) related requirements including development of annual compensation roadmap; design, project planning, configuration and maintenance of new and existing compensation processes and structures; bi-annual upgrades building/amending test scripts, assessing changes in the upgrade for impact on compensation processes, performing required testing, managing defects and meeting upgrade and other project timelines
• Manage third party survey participation, selection and benchmarking to maintain competitive compensation structures aligned with company philosophy.
• Engage with multiple stakeholders to enhance the incentive program governance including metric development, data validation, and program execution and audit.
• Develop recommendations and draft compensation policies, practices and standards through conducting related research, analysis, stakeholder requirement.
• Conduct market research for regulatory compliance items and benchmarking.
  

Professional skill

• Ability to deal tactfully with others at all levels within the company.
• Strong questioning/inquisitive nature to challenge and persuade others in adherence to and consistency in process.
• Strong analytical mindset with advanced Excel and Power Point skillset.
• Strong written and verbal communication skills
• Project management capability.
• Initiative to drive continuous improvement and resolution of issues.
• Collaborative mindset; focus on win/win solutions to issues and actively pursue solutions.
  

Travel

• Travel is not a requirement for this role
  

Education And Experience

• Post-secondary education in Business and/or Human Resources.
• Minimum 7 years’ experience in compensation management and/or financial reporting and analysis.
• Professional designations such as Certified Compensation Professional (CCP) or Chartered Professional in Human Resources (CPHR) an asset.
• Exposure to and general understanding of Sales Compensation an asset.
• Experience with solution development, project planning and execution
  

Irving Oil supports a diverse and inclusive work environment and welcomes applications from all qualified applicants.

Job Requirements - Work Experience

Human Resources

Job Requirements - Education

Bachelors

Location

Saint John, NB