Incentive Compensation Senior Analyst (Xico)

We're looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

Key Responsibilities

• Lead end-to-end administration of incentive (bonus) plans and ensure compliance with company policies and plan documentation.
• Ensure programs follow approved plan documents, governance standards, and company policies.
• Build and maintain workflows, rules, calculations, reporting, and analytics to meet business needs.
• Calculate and deliver incentive awards on time and accurately (monthly through annual), resolving exceptions as needed.
• Partner with payroll teams to process payments accurately, on time, and in compliance with local requirements.
• Support plan development and analysis through strong data analysis and system expertise.
• Manage nVent's global recognition program (Electrify powered by Workhuman), including vendor management, award management, reporting, and governance.
• Partner with HR to align incentives and recognition with nVent's culture, values, and talent strategy.
• Partner with Finance to support forecasting, accruals, and reconciliations.
• Provide data-driven insights on plan performance, participant earnings, plan effectiveness, and recognition outcomes.
• Create clear, accurate communications for participants, managers, and senior leaders.
• Respond to leader and participant inquiries with professionalism and strong communication and customer service skills.
• Maintain process documentation and drive operational excellence through automation and continuous improvement.

Key Qualifications

• Bachelor's degree in Business, Finance, HR, or related field; advanced degree or relevant certification preferred.
• 7+ years of experience administering incentive or compensation plans, with extensive experience in the management of some incentive compensation systems (e.g., Xactly, Business Manager, Varicent, Cognos).
• Bilingual in Spanish and English required.
• Advanced proficiency in Excel and experience with reporting, dashboards, and data visualization tools.
• Strong analytical and problem-solving skills with a proven track record in managing complex calculations and large data sets using compensation systems.
• Experience supporting global or multi-country incentive programs strongly preferred.
• Ability to work cross-functionally with Sales, Finance, HR, Payroll, and IT.
• Highly-accountable self-starter, comfortable working fairly independently as well as displaying strong team collaboration.
• Highest levels of integrity with the ability to manage and maintain confidential and sensitive information.