Senior Compensation Associate
Senior Compensation Associate
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$ 105000 - 130000
1 Vacancy
Job Description
Neuberger Berman is seeking a skilled and detail-oriented professional to join our Production Compensation Team within the Finance this role you will support the end-to-end compensation process for our Global Institutional and Intermediary sales teams contributing to innovation efficiency and insights that assist the firms financial planning. The position involves working closely with various groups including Payroll Client Billing Fund Admin HCM Business Partners Client Coverage Management and Technology to help ensure the effective execution of the sales compensation process. You will have the opportunity to apply your analytical and technical expertise to inform decision-making and contribute to ongoing improvements in workflows and technology.
Key Responsibilities:
Own the Process: Ensure timely accurate and efficient processing of monthly quarterly and annual compensation calculations for production-based teams; review and distribute detailed compensation statements to sales teams
Problem-Solve with Precision: Perform root-cause analysis for payout variances and deliver clear data-driven explanations to Client Coverage Management teams
Deliver Insights: Prepare compensation trend analysis and forecasts to senior management
Financial Oversight: Record compensation expense transactions in the general ledger including assessment of P&L impact and performing balance sheet reconciliations.
Collaborate Across Teams: Collaboratewith HCM Technology and Client Coverage Management to implement compensation plans accurately and resolve issues effectively
Drive Innovation: Support the design testing and implementation of technology enhancements to optimize compensation processes
Enhance Efficiency: Identify and recommend process and data improvements to increase scalability accuracy and efficiency across workflows
Qualifications:
Bachelors degree in accounting or finance
4-6 years of experience in accounting financial reporting and analysis.
Experience with commission-based compensation is required
Asset Management/Investment Advisory industry expertise is preferred
Advanced proficiency in Microsoft Excel and PowerPoint is essential; knowledge of SAP is a plus
Strong communication skills (both written and verbal); ability to communicate clearly to senior management and other key stakeholders
Exceptional attention to detail organizational skills and problem-solving abilities
Ability to balance multiple priorities under tight deadlines in a high-profile fast-paced environment
Collaborative mindset with a willingness to contribute to a variety of initiatives
LI-Hybrid
LI-MB1
Compensation Details
The salary range for this role is $105000-$130000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employees pay position within the salary range will be based on several factors including but limited to relevant education qualifications certifications experience skills seniority geographic location business sector performance shift travel requirements sales or revenue-based metrics market benchmarking data any collective bargaining agreements and business or organizational needs. This job is also eligible for a discretionary bonus which along with base salary and retirement contributions is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance 401(k) life insurance and other benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission production or any other form of compensation that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race creed national origin religion age color sex marital status sexual orientation gender identity disability citizenship status or protected veteran status or any other characteristic protected by local state or federal laws rules or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact .
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Required Experience:
Senior IC
Employment Type
Full-Time
