Compensation Analyst

Company Overview

Offering a complete ecosystem of maritime services, including broking, finance, port services and research, Clarksons is at the heart of global shipping. Our unrivalled reach, expertise, and depth of experience, combined with leading research, enables us to partner with clients across every sector to meet the demands of the world’s rapidly evolving maritime, offshore, trade and energy markets. Building on our unique heritage and harnessing our insights to see further, faster, we work with our clients and communities to create strategies that have a positive impact on the industry and the world around us. Dedicated to excellence, it’s our people that drive success for our clients. To understand more including day-to-day life at Clarksons, visit us at www.clarksons.com

Role Summary
The person in this role will provide support across a variety of Compensation related tasks, working within a busy HR function. You will be working closely with several HR Systems (ResourceLink, SuccessFactors and Payscale Curo) while also being a key point of contact and decision maker for the efficient delivery of compensation analysis.

What you will be doing
• The preparation and production of required reporting/disclosures/data as they relate to regulatory compliance requirements such as Gender Pay Gap, CEO Pay Ratio etc.
• Working closely with our Finance team to produce remuneration reports for all UK statutory directors for financial analysis on an annual basis.
• Working closely with our Finance team on our regulated entities, prepare and produce FCA Remuneration data submissions for companies in Singapore, UK, Dubai and Geneva on an annual basis.
• Maintain the salary benchmarking tool (WTW) and upload up-to-date annual salary data.
• Develop high-quality HCM and market trend analysis to support HR and business leaders.
• Analyse and produce data for presentation purposes and periodic ad hoc reports for committees, boards and other relevant groups.
• Support in operational areas of compensation including, but not limited to, offer consultation, market data, benchmarking, reporting, reconciliation, and other compensation analytics.
• Maintain records of all employee shareholding, including LTIP awards, SAYE scheme and ordinary shares to identify monthly share activities and actions.
• Co-ordinate with Company Secretary team to facilitate share vesting activity and executive options.
• Producing payroll information for business insurance renewals for various Group offices.
• Manipulating payroll reports to provide costings information to the accounting teams regularly.
• Participation in broader HR projects that move the function and business forward.
• Fulfil any additional / ad hoc duties as required to meet the needs of the business.

Annual Compensation Review (January – March)
• Prepare, upload and reconcile global compensation data from the HR System (SuccessFactors) and other sources into our compensation tool (Payscale Curo).
• Conduct UAT in Payscale Curo to ensure the system is in a state of readiness prior to the annual process
• Manipulating and aggregating large sets of data into various formats within excel.
• Annual reconciliation of all share information from Shareworks against SuccessFactors and Curo, including uploading any supplementary awards made throughout the year.
• Export and distribute relevant compensation data to the correct stakeholders including senior management, CFO and CEO.
• Input and check all salary and bonus recommendations, provided both within the system and offline
• Provide HR with relevant compensation data to issue paperwork.
• Coordinate any global bonus apportionments that may be required.
• Perform detailed analysis to support compensation decisions.
• Regularly cleanse and validate extensive compensation data throughout the year to ensure accuracy and integrity.

What we’re looking for
We invite applications from candidates who can demonstrate:
• Drive and self-motivation, with the desire and commitment to succeed, deliver excellence and make positive change;
• Relationship building, with excellent interpersonal skills and the ability to quickly build rapport;
• Collaboration, able to work well with others across diverse backgrounds to share information, develop skills, and deliver results;
• Resilience with the ability to persist and adapt;
• Smart problem-solving and analytical abilities, with a curious and inquisitive mind, and an openness to new ideas;
• Professional integrity and a respect for company values.

Other requirements
• Advanced Excel - expert level required with proficiency in pivot tables, vlook ups, macros, formulas and complex workbooks.
• Experience working with HR systems and Compensation Tools to import and export data management (SuccessFactors, ResourceLink and Payscale Curo).

• Accounting background.
• Strong analytical skills to draw out key data points and insights.
• Administration skills, with high focus on accuracy and attention to detail.
• Data presentation skills to formulate and present their insights.
• Highly organised, able to multi-task and prioritise tasks.
• Able to work to deadlines and manage their workload.
• Experience dealing with large sets of data and being able to manipulate this into meaningful outputs and interpret the data.
• Ability to work independently and as part of a team. Read more