Rewards Analyst Job Description

Rewards Analyst Job Description

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Rewards analyst provides human resources support to systems acquisitions relating to automated human resources and Payroll systems as required.

Rewards Analyst Duties & Responsibilities

To write an effective rewards analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included rewards analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

With direction from senior consultants or project managers, analyze clients' financial and compensation data versus market utilizing Excel modeling skills
Assist in writing and structuring client presentations/reports by using Excel data to create summary exhibits in PowerPoint presentations and to draft initial conclusions for review by senior consultants or project managers on the project
Supports key Compensation deliverables related to job evaluations, market assessment, salary management and Focal Review
Monitor and audit key Reward process control points to insure high quality “run” operations
Analysis of deals, promotions and modelling the financial viability of these deals
Business case review
Participate in monthly accounting close and general ledger reconciliations processes
Analyse monthly / quarterly P&L variances
Track and facilitate invoice payments by coordinating with internal AP function and external
Develop daily Kohl's Charge and Y2Y Rewards acquisition goals with the support of applicable internal and external partners

Rewards Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Rewards Analyst

List any licenses or certifications required by the position: CCP, TR, HR, BMS, PHR, CEBS, CBP, CP, SHRM, PM

Education for Rewards Analyst

Typically a job would require a certain level of education.

Employers hiring for the rewards analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Human Resources, Finance, Business/Administration, Economics, Mathematics, Accounting, Statistics, Education, Management

Skills for Rewards Analyst

Desired skills for rewards analyst include:

Excel
Benefits
COBRA
Disciplines
ERISA
Human Resources functions
Human Resources principles
Namely performance evaluation
Payroll
ADA

Desired experience for rewards analyst includes:

Commitment to providing excellent customer service to business partners
Bachelor’s degree in Commerce or M.Com or CA - inter or ISWA
1.5+ years of work experience, preferably in finance / accounting Skills in Finance operations
Ability to see complex processes and streamline while maintaining core integrity of deliverable
Strong networking skills to establish contacts and partnerships with other divisions
Ability to post upward

Rewards Analyst Examples

1

Rewards Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking for a rewards analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for rewards analyst
  • Analyze and report on Kohl's Charge and Y2Y Rewards acquisition performance
  • Through data insights, plan and implement acquisition based strategies, both internal and public facing
  • Ensure the integrity and accuracy of all Kohl's Charge and Y2Y Rewards data across internal reporting
  • Provide project based support on other initiatives such as vendor optimization, HR Operational Excellence and intranet updates
  • Provide peer review support and back up for other team members
  • Work directly with market pricing analysis to ensure market data are reasonable and client specifications are met, and, as needed, revisions are completed
  • Create exhibits to compare market compensation data to client compensation data
  • Apply technical and research skills to understand financial performance, talent management trends, and pay practices and policies for a particular client and within the broader marketplace
  • Use Research Insight and public filings to gather financial data
  • Develop peer groups – list of organizations against which the client organization is compared (e.g., based on revenue, brand, industry, ) and/or are the client's direct competitors
Qualifications for rewards analyst
  • Determine methods of analysis, data gathering, and format of output
  • Demonstrated ability to complete quantitative analysis using multiple data sources
  • Preference will be given to candidates with experience in Card Based Payments solutions, including point-of-sale (POS) and merchant acquiring-side capabilities
  • Security OAuth Standards
  • Bachelors Degree in Business or comparable
  • Highly intelligent, quick learner, insightful, observant, organizationally aware plus meeting all the LS&Co
2

Rewards Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of rewards analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for rewards analyst
  • Use Mercer's proprietary tools and public filings to gather pay practices and policies
  • Work closely with senior consultants or project managers to determine the exhibits to be included in the final client presentations which typically involves a high level of customization
  • Commensurate with experience, serves as a day-to-day client contact for project areas including data requests and data management
  • Support manager on compensation program alignment among different BU/SMUs including STI/bonus scheme streamline, pay elements and structure standardization, in the North Asia region
  • Support manager on benefit policy harmonization across BUs in North Asia region including leave entitlement harmonization, group insurance package standardization
  • Oversee the administration of defined benefit, defined contribution and retiree medical plans for Canadian employees or former employees
  • Oversee the administration of medical, dental, life, disability and other benefit plans for all Canadian employees
  • Evaluate new or modified jobs using the Mosaic job evaluation process and assign jobs to salary structure and grades based on relevant market data
  • Support communications, training and bonus sustainment activities, at a site level, to further the understanding and effectiveness of annual incentive plans
  • Maintain attention to detail when validating data, spreadsheets, models and presentations
Qualifications for rewards analyst
  • Ability to create presentations and present complex information tailored to the appropriate audience
  • Able to demonstrate solid working knowledge of compensation or benefit practices
  • CEP Certification
  • Experience with Human Resources Information Systems (e.g., Oracle) a plus
  • Able to multi-task and balance competing priorities in a fast-paced environment
  • University degree in Human Resournces or Industrial Engineering
3

Rewards Analyst Job Description

Job Description Example
Our growing company is hiring for a rewards analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for rewards analyst
  • Developing scalable, automated processes to facilitate on-going fraud identification, mitigation and reporting
  • Develop high risk transactions criteria by understanding the key drivers in suspicious activity detection
  • Use SQL to write complex queries against distributed databases
  • Use Python, Perl or other scripting languages to automate reporting and other processes
  • Use SAS, R or Tableau to create data visualizations that communicate results and trends
  • Translate analytical findings into actionable insights for leadership and key stakeholders
  • Provide data analysis for large-scale ad hoc fraud investigations
  • Thought leadership and best practice – Build internal connections to help build own knowledge of current change management enablement tactics and approaches
  • Collaborate with cross-functional program managers (e.g., Employee Success, IT, Finance ) to complete program/project objectives on-time and within budget
  • Administer benefit plans including eligibility, enrollment, vendor management and assistance with employee questions/issues
Qualifications for rewards analyst
  • Strong analytical, mathematical and statistical skills (using Exce - SAP a plus)
  • Liaise with other HR stakeholders and teams to get complex employee queries resolved
  • Invoice processing for all vendors including tracking of payments and outstanding invoices
  • Analytics support for creating and reviewing monthly exception reports
  • Undertake detailed review of monthly exception reports and resolve with the relevant stakeholders
  • Provide operational support to complete market surveys and benchmarking within assigned timeframes
4

Rewards Analyst Job Description

Job Description Example
Our company is searching for experienced candidates for the position of rewards analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for rewards analyst
  • On Compensation and Retirement but could include other total rewards areas such
  • Analyze program transactional data, business rules and technical enhancement specifications to identify and resolve potential instances of illegitimate point earnings due to fraud
  • Analyze and review large sets of data to determine root causes of any suspicious program activities and communicate findings to leadership
  • Ensure all member stays & redemptions are legitimate, accurately recognized and posted systematically
  • Manage any program requests related to program audits from Finance/Corporate Security/Compliance
  • Submit invoices to Accounts Payable and route for signature
  • Complete gift card monthly entry and work with Finance and business partner to resolve any questions and/or concerns
  • Complete property tier level analysis and review property questions as they arise
  • Perform monthly SOX Control reconciliations of program transactional data to ensure systems are aligned and problem solve for anomalies
  • Analyze the property fraud report and work with member services to alert franchisees and reimburse properties appropriately
Qualifications for rewards analyst
  • Build deep understanding of the global benefits and be able to act as competent back –up for other team members
  • Vendor management and addressing ongoing operation queries with vendors
  • Constantly identify & drive process improvement and standardisation opportunities
  • 3-5 years of relevant experience in global benefits programs and operations
  • Must be open to work early/ late shifts
  • Experience with a captive centre is highly desirable
5

Rewards Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of rewards analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for rewards analyst
  • Review Call Center agent point posting report to review for accuracy and completeness
  • Providing business analysis to support to Loyalty and Rewards business partners in decision making (e.g., product enhancements, negotiation support, business strategy)
  • Analyzing customer level data to identify segments demonstrating specific behaviors
  • Modeling cost/benefit analysis to understand the profitability of various initiatives
  • Developing tools/models to facilitate customer analysis
  • Work directly with business partners to optimize loyalty investments and measure investment returns
  • Work with the Compensation Manager in the areas of salary administration, incentive program administration, job evaluation, salary survey completion, competitive analysis and special projects
  • Participate in policy and procedure development regarding compensation to continue North American alignment initiative
  • Coordinate annual Team Incentive Plan (TIP) program, to include collection of goals and results, creation of bonus award spreadsheets, summarization of bonus payout accruals, quarterly plant payouts, and payment distribution
  • Assist Compensation Manager in management of domestic relocation program which includes liaising with the third party provider, legal, Human Resources, managers and employees
Qualifications for rewards analyst
  • Strong Microsoft office skills including Word, PowerPoint, Outlook and Advanced Excel proficiency
  • Highly proficient in Excel and PowerPoint skills
  • Currently enrolled in a bachelor's degree program, preferably in finance, economics, statistics, mathematics, human resources (HR), accounting or other related coursework
  • Experience in data analysis, data modeling and presentation design
  • Strong analytical skills, both quantitative and qualitative, and proficiency in Excel
  • Demonstrated technical skills - proficient in all MS Office tools with strong Excel skills, V-lookups, macros, reporting

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