Senior Manager, Executive and Corporate Compensation
Albertsons Companies has an exciting opportunity to lead our Executive and Corporate Compensation strategy across the organization. This leader will have the opportunity to help influence and shape new specialized programs to help support the business during a time of unprecedented growth in our organization. In this role you will play an integral part in how we retain and reward our employees across our nearly 300,000 associates.
What does it take to be successful here? You have an entrepreneurial spirt and a successful track record of delivering reward programs employees love. You have a curious mindset. You are innovative and bring creativity to improving processes for efficiency and automation. You want to be part of a team that will lead an HR transformation, build an amazing culture, and drive the overall success of the company. You enjoy coming to work, rolling your sleeves up and getting creative. If that's you then what are we waiting for? Let's do this!
This position is located in Boise, Idaho or Arlington, Texas
Supports the strategic development, design, implementation, communication, and compliance of compensation programs to align with the Company's compensation philosophy and business objectives. This position will collaborate with cross functional teams primarily in HR and Corporate to identify, develop and deliver strategic compensation programs that meet and anticipate the internal needs of the organization while monitoring external trends in the marketplace.
Key Responsibilities include, but are not limited to:
Supports the design, administration, and monitoring of the Company's executive compensation programs including base, bonus and long-term incentives.
Manages the design of all elements of executive compensation including the preparation of proxy compensation tables. Establishes, communicates and leads projects and timelines. Directs, solicits and coordinates related information primarily from stakeholders in Tax, Legal, Loss Prevention, Benefits, and Payroll for inclusion in proxy tables. Researches, recommends and adopts best practices. Prepares all compensation tables, footnotes, performs complex audits and resolves discrepancies with various internal and external professionals. Provides work product to VP, Total Rewards, Senior Counsel and HR Executive.
Manages the design of short-term incentive bonus plans and other bonus rewards programs. Provides direction and analysis in plan design that enhances opportunities to achieve business objectives.
Researches strategic issues and recommends changes to compensation programs/philosophy as appropriate. Keeps abreast of best practices and continually reviews current compensation processes and procedures in order to provide guidance to management on the organization's response to changing trends within the marketplace.
Develops strong partnerships and provides counsel to HR and Business Management groups on job design, job documentation, FLSA exemptions, organizational design and restructures, job leveling guides and policy interpretation on compensation questions and concerns. Facilitates positive and proactive communications, coordination and consideration of business needs in order to achieve mutually effective outcomes in support of the business objectives. Combines internal data, stakeholder feedback and external competitive data to make decisions that impact employees and the business in a meaningful way.
Develops salary budgets, structure changes and compensation policies and procedures that ensure the achievement of equitable and competitive employee compensation.
Manages salary surveys vendors and develops internal market pricing tools to ensure proper alignment of jobs to competitive market data. Ensures participation in relevant salary surveys and research that allows the company to market price, develop and implement competitive salary structures in order to administer compensation practices, polices and guidelines.
Manages and organizes special projects as needed. Participates in task forces and special assignments as needed.
Ensures compensation programs comply with legal and other regulatory agencies.
BA/BS degree, preferably with emphasis in HR, Accounting, Finance or General Business
CCP certification or course completion highly desired
Previous large public company compensation experience
7+ year's compensation consulting
Demonstrated subject matter expert in compensation plan development
Experience in executive compensation, fixed and variable compensation plans, equity plans and total rewards programs
Skills and Background:
Demonstrated ability to apply compensation knowledge, philosophy, best practices and sound decision-making processes to current and proposed compensation programs.
In depth knowledge of tax, corporate finance, regulatory and accounting requirements in order to design Executive Compensation plans
Creative, analytical and results-oriented
Demonstrated ability to draw conclusions, themes and trends from data analysis and communicate results to high level officers
Collaborative leader that works to develop simple solutions based on business needs.
Strategic thinker and demonstrated knowledge and experience of competitive compensation strategy and practices is a must including executive compensation, bonus plan design, and market analysis.
Demonstrated capacity to identify issues in a timely manner, creatively design solutions and proactively implement strategies with a bias for flawless execution.
Expert in executive compensation elements/vehicles and various accounting and tax implications for both the company and employee
Thorough knowledge and experience of public company stock options/equity ownership and stock plan development
Advanced knowledge of SEC and IRS rules and regulations on executive compensation
Advanced knowledge of SOX requirements for controls and compliance
Self-starter with strong critical thinking and conceptual abilities; excellent project management skills.
Ability to thrive in a fast paced, high workload environment and effectively support and adjust to change and help others through change.
Must maintain confidentiality, sound judgment and independent decision making in problem solving and in developing alternative strategies.
Ability to deal with complex data in a demanding fast paced work environment. Focus on the detail and accuracy of analysis as well as the ability to see the bigger picture.
Ability to work under continual deadlines, time constraints and manage multiple projects with concurrent timelines.
Excellent communication skills; exhibit strong presence, verbal and written presentation skills, and ability to interact with multiple stakeholders, both inside and outside the organization.
Strong working knowledge of MS Office with advanced Excel and Access skills.
Master's Degree, preferably with emphasis in HR, Accounting, Finance or General Business
Previous retail compensation in a publicly traded company
Experience with Oracle compensation modules or cloud based HR/Comp systems.
How to Apply: Interested candidates are encouraged to submit a resume by visiting https://www.albertsonscompanies.com/careers/en/home.html
Diversity is fundamental at Albertsons Companies. We foster an inclusive working environment where the different strengths and perspectives of each employee is both recognized and valued. We believe that building successful relationships with our customers and our communities is only possible through the diversity of our people. A diverse workforce leads to better teamwork and creative thinking, as well as mutual understanding and respect.
The Albertsons Companies policy is to provide employment, training, compensation, promotion and other conditions of employment without regard to race, color, religion, sexual orientation, gender identity, national origin, sex, age, disability, veteran status, medical condition, marital status or any other legally protected status.
We support a drug-free workplace -- all applicants offered a position are required to pass a pre-employment drug test before they are hired.
AN EQUAL OPPORTUNITY EMPLOYER