Senior Financial Analyst

Key Responsibilities

• Develop, maintain, and analyze annual compensation budgets, forecasts, and long-range workforce plans.
• Support the annual merit increase, bonus, and incentive compensation planning processes.
• Analyze salary, bonus, and benefit costs across departments to identify trends, variances, and opportunities.
• Build financial models to evaluate compensation proposals, organizational changes, and hiring plans.
• Partner with HR and Talent Acquisition to assess the financial impact of new hires, promotions, transfers, and organizational restructures.
• Prepare recurring and ad hoc reports on compensation metrics, labor costs, headcount, and workforce analytics.
• Monitor compensation spending against budget and provide variance analysis with actionable recommendations.
• Assist with salary benchmarking using internal and external market data.
• Support month-end and quarterly workforce expense forecasting.
• Ensure compensation data integrity across HRIS, payroll, and financial systems.
• Collaborate with Finance during annual operating plan (AOP) and budget cycles.
• Develop dashboards and presentations for executive leadership summarizing compensation and labor cost trends.
• Assist in maintaining compliance with compensation policies, internal controls, and applicable regulations.
• Identify opportunities to improve reporting processes through automation and data visualization tools.

Qualifications

Required

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Human Resources, or a related field.
• 2–5 years of experience in financial analysis, FP&A, compensation analysis, or workforce planning.
• Advanced Microsoft Excel skills, including pivot tables, complex formulas, and financial modeling.
• Strong analytical and problem-solving abilities.
• Ability to manage multiple priorities while meeting deadlines.

Preferred

• Experience supporting compensation planning or total rewards programs.
• Knowledge of compensation structures, salary administration, and incentive programs.
• Experience with HRIS systems such as Workday, UKG, ADP, SAP SuccessFactors, or Oracle HCM.
• Experience with financial planning tools