Compensation & Cost Controlling VIE

Job Description:

The Compensation and Benefits VIE supports the analysis and administration of the company's compensation programs with a strong focus on cost controlling, data analysis and compensation strategies and reporting. This role ensures that the compensation and benefits packages are competitive, cost-effective, and aligned with the company's objectives, strategy and regulatory requirements across the full Americas region, encompassing 6 countries and a headcount of approximately 700 employees.
Key Responsibilities: 1. Compensation Management: * Lead Compensation Surveys for all Americas, providing comprehensive insights into market trends. *Develop and propose robust Salary Benchmarks to maintain internal equity and external competitiveness. *Analyze market trends and internal compensation data to ensure competitive and equitable pay practices across regions. *Provide strategic guidance to managers on compensation-related decisions. * Actively support the Annual Compensation review process, including data preparation, collection, consolidation, increase calibration, bonus calculation, and effective communication to the business. *Support the monthly, quarterly, and annual commission processes, ensuring accuracy and timely execution 2. Cost Controlling: *Assist in building and managing the Staff Cost budget, meticulously tracking actual versus budget on a monthly basis. o Monitor and analyze compensation and benefits costs to ensure strict alignment with budgetary constraints. *Prepare detailed reports and presentations on cost-related topics for senior management. *Collaborate effectively with finance and accounting departments to accurately forecast and manage HR expenses. 3. Data Analysis and Reporting: *Coordinate the Annual Report review, encompassing data collection, consolidation, and insightful analysis. *Generate ad-hoc reports to support HR Business Partners and the Retail Performance team on various KPIs (e.g., Base vs. Variable compensation, Overtime). *Prepare and present clear, concise reports on compensation and benefits metrics to senior management or as requested. *Utilize HRIS and other compensation and benefits management tools to efficiently manage and analyze data. 4. HR Operations: *Support the development and continuous updating of compensation and benefits policies and procedures, including commission plans. *Identify opportunities to optimize HR processes by leveraging technology and AI to enhance efficiency and add value to the business. *Conduct regular audits of compensation and benefits programs to ensure compliance and identify areas for continuous improvement

Candidate Requirements:

* Certification in Compensation and Benefits (e.g., CCP, CBP). * Experience in cost controlling and financial analysis. * Advanced proficiency in Microsoft Excel and other data analysis tools. * Familiarity with Power BI, VBA, Power Automate, and Microsoft Forms. * Experience with SuccessFactors. * Understanding of AI & Prompt Management principles. * Experience within the luxury retail sector